15004 Avery Ranch BlvdAustin, TX 78717

  • Commercial real estate
  • 12,026 SF
For Lease
$32/SF/YR View listing

Property Details for 15004 Avery Ranch Blvd

Year built
2009
Lot size
1.28 AC
Property size (Sq ft)
12,026 SF
Property type
Commercial real estate
APN
R-17-W308-440A-0002-0008
APU
R17W308440A00020008

Description

This exceptional Class A medical office building, constructed in 2023, offers two available suites ranging from 876 to 2,525 square feet. Located at 15004 Avery Ranch Blvd, Building B, Austin, TX 78717, this property boasts a prime location overlooking the Avery Ranch Golf Course. The building totals 6,878 square feet and features a two-story design within a C3 zoned area of Williamson County. Its prominent position at the intersection of Avery Ranch Boulevard and West Parmer Lane ensures excellent visibility and accessibility. Ideal for medical practices such as medi-spas or dermatology clinics, this space presents a turnkey opportunity for aesthetic or medical users. The property is zoned for retail and office use, and is shadow anchored by a Walgreens, providing significant foot traffic and brand recognition. Tenant Improvement Allowance (TIA) is available, or the landlord can provide a fully finished space. Pre-leasing is currently underway. This is a rare opportunity to secure a high-quality, well-located medical office space in a thriving Austin neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,236,540
    6.5%
    $2,987,580
    7%
    $2,774,180
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,600,460
    Geo Method
    $3,600,460
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,928,040
    Retail / Commercial
    $3,347,860
    Mixed-Use / Specialty
    $3,174,530
    Hospitality / Lodging
    $2,118,930
    Office
    $2,987,580
    Institutional / Educational
    $3,242,550
    Residential Income
    $3,793,790
    Multifamily
    $5,444,780
    Automotive / Energy
    $2,779,330
    Parking / Income-Based Land
    $1,118,560
    Restaurant / Food Service
    $1,306,660
    Healthcare / Senior Housing
    $3,420,930

Location Insight

City
Austin
County
Williamson
State
Texas
Latitude
30.4992
Longitude
-97.7739
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$84,275
$1,633,117
$2,419,440
$4,052,557
-
$1,633,117
$2,419,440
$4,052,557

FAQs

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