5919 Ben White BlvdAustin, TX 78741

Property Details for 5919 Ben White Blvd

Year built

1996

Lot size

2.48 AC

Property size (Sq ft)

1,152 SF

Property type

Commercial real estate

APN

314100206

APU

314100206

Description

This exceptional redevelopment opportunity presents a 1,383 square foot retail building situated on a substantial 2.48-acre lot in Austin, Texas. The property, located at 5919 E Ben White Blvd, boasts high visibility and high traffic counts due to its prime location on Ben White Boulevard and Daffodil Drive. The single-story, Class B building was constructed in 1996 and features ample parking (82.17 spaces per 1,000 sq ft). The property is zoned CS-NP, offering significant potential for redevelopment. Given its size and location near the Austin airport, the site is ideally suited for a variety of uses, including hotels or apartment complexes. The lot is remarkably flat, simplifying development plans. The asking price for this unique investment opportunity is $3,200,000. The property's APN is 03141002060000. This is a rare chance to acquire a significant parcel of land in a high-growth area of Austin.

• CAP approach

  CAP return

  Valuation

  6%

  $421,832

  6.5%

  $389,383

  7%

  $361,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $344,897

  Geo Method

  $344,897

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $742,323

  Retail / Commercial

  $385,413

  Mixed-Use / Specialty

  $387,785

  Hospitality / Lodging

  $289,383

  Office

  $389,383

  Institutional / Educational

  $404,479

  Residential Income

  $473,241

  Multifamily

  $546,812

  Automotive / Energy

  $346,696

  Parking / Income-Based Land

  $115,940

  Restaurant / Food Service

  $209,685

  Healthcare / Senior Housing

  $393,825

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2119

Longitude

-97.7166

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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