5100 Bolm RdAustin, TX 78702

Property Details for 5100 Bolm Rd

Year built

2022

Construction

WOOD FRAME

Lot size

2.54 AC

Property size (Sq ft)

183,150 SF

Property type

Apartment buildings

APN

203180132

APU

203180132

Description

Trailhead East presents a remarkable 2,779 square foot single-tenant retail or restaurant space in Austin, Texas. Located at 5100 Bolm Road, in Travis County, zip code 78702, this property offers an exceptional opportunity to establish a business within a thriving and rapidly developing community. The building is entirely vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. Its strategic location places it steps away from Govalle Neighborhood Park, immersing the business in a vibrant, young demographic. The surrounding area is experiencing significant growth, with major developments like Springdale General and Springdale Green either recently completed or currently under construction. This influx of new residential and commercial projects promises continued expansion and increased foot traffic, creating a highly desirable location for a retail or restaurant establishment. The property includes a patio area, adding further appeal and potential for outdoor seating or additional space. This is an unparalleled chance to capitalize on the explosive growth of East Austin's commercial sector. The property's size and location make it ideal for a variety of businesses seeking to establish a presence in this dynamic market. Don't miss this chance to secure a prime location in one of Austin's most exciting neighborhoods.

• CAP approach

  CAP return

  Valuation

  6%

  $127,252,000

  6.5%

  $117,464,000

  7%

  $109,073,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $64,154,900

  Geo Method

  $64,154,900

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $197,004,000

  Retail / Commercial

  $99,032,700

  Mixed-Use / Specialty

  $97,111,400

  Hospitality / Lodging

  $69,205,800

  Office

  $94,901,100

  Institutional / Educational

  $100,396,000

  Multifamily

  $149,573,000

  Automotive / Energy

  $86,053,900

  Parking / Income-Based Land

  $31,245,500

  Restaurant / Food Service

  $47,161,500

  Healthcare / Senior Housing

  $101,194,000

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2599

Longitude

-97.6925

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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