5926 Balcones DrAustin, TX 78731

Property Details for 5926 Balcones Dr

Year built

1983

Construction

CONCRETE

Lot size

0.87 AC

Property size (Sq ft)

15,740 SF

Property type

Office properties

Property subtype

Office buildings

APN

134020259

APU

134020259

Description

This exceptional executive office space, located at 5926 Balcones Drive in Austin, Texas, offers a fantastic opportunity for businesses seeking a prestigious address in Travis County. The property, part of a larger office building totaling 15,269 square feet, currently has 585 square feet immediately available for lease. The building features a multi-tenant occupancy, providing a dynamic and collaborative environment. Ample parking is provided with a ratio of approximately 3.34 spaces per 1,000 square feet. The property's convenient location in Austin, zip code 78731, ensures easy access to major transportation routes and a vibrant business community. This executive suite is ideal for a small business or a branch office requiring a professional and efficient workspace. The available space is ready for immediate occupancy, allowing for a quick and seamless transition. The building's overall size and parking provisions ensure ample space for both tenants and their clients. This is a rare opportunity to secure high-quality office space in a desirable Austin location. Inquire today to learn more about leasing this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $3,737,722

  6.5%

  $3,450,205

  7%

  $3,203,762

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,712,398

  Geo Method

  $4,712,398

• Alternative Use

  Use

  Valuation

  Residential

  $4,278,254

  Hospitality

  $3,918,858

  Educational

  $3,260,444

  Medical

  $3,372,576

  Retail

  $5,071,802

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3424

Longitude

-97.7544

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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