2403 Ben White BlvdAustin, TX 78704

Property Details for 2403 Ben White Blvd

Year built

1966

Construction

CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

1,829 SF

Property type

Office buildings

APN

408111014

APU

408111014

Description

This 1,829-square-foot Class C medical office building, located at 2403 West Ben White Boulevard in Austin, Texas, presents a compelling investment opportunity. Built in 1966, this single-tenant property sits on a 0.17-acre lot and enjoys a highly desirable location in Travis County, zip code 78704. The property benefits from excellent visibility and accessibility on West Ben White Boulevard, with an average daily traffic count of 15,845 vehicles. Its strategic location near Central Market and Target, along with other established retail businesses, ensures strong foot traffic and a vibrant surrounding area. The building features ample parking, including gated rear parking for enhanced security. The interior boasts numerous functional offices, adaptable to various medical or related uses. The property is currently 100% occupied and zoned CS-NP. This turnkey investment offers a strong return potential in a thriving Austin market.

• CAP approach

  CAP return

  Valuation

  6%

  $594,816

  6.5%

  $549,061

  7%

  $509,842

• Comparable approach

  Method

  Valuation

  Relative Method

  $547,584

  Geo Method

  $547,584

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,103,440

  Retail / Commercial

  $561,441

  Mixed-Use / Specialty

  $555,973

  Hospitality / Lodging

  $403,388

  Institutional / Educational

  $576,750

  Residential Income

  $674,797

  Multifamily

  $828,528

  Automotive / Energy

  $494,357

  Parking / Income-Based Land

  $174,020

  Restaurant / Food Service

  $281,770

  Healthcare / Senior Housing

  $573,694

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2319

Longitude

-97.7939

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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