2403 Ben White BlvdAustin, TX 78704

  • Office properties
  • 1,829 SF
For Sale

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $524,838
    6.5%
    $484,465
    7%
    $449,861
  • Comparable approach

    Method
    Valuation
    Relative Method
    $547,584
    Geo Method
    $547,584
  • Alternative Use

    Use
    Valuation
    Residential
    $600,737
    Hospitality
    $550,272
    Educational
    $457,820
    Medical
    $473,565
    Retail
    $712,164
2403 Ben White Blvd, Austin, Texas

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

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
2022
$14,279
$300,000
$657,035
$957,035
-
$300,000
$657,035
$957,035

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