This exceptional 8,024-square-foot medical office building, situated on a 1.611-acre lot in Austin, Texas, presents a unique investment opportunity. Built in 2019 as a DaVita Dialysis facility, the property remains vacant and offers a fully built-out space ready for immediate occupancy. The single-story building boasts a Class B rating and features 38 parking spaces, ensuring ample convenience for patients and staff. The property benefits from a prominent location on Cameron Road, near Hwy 183, providing excellent visibility and accessibility. The 800 amp service ensures sufficient power for medical equipment. The zoning is GR-Np, within Travis County's North Central submarket, and the property has a tax cost per square foot of $8.10. The lease term extends to April 30, 2035. The building includes an existing curb cut off Cameron Road, offering convenient access. This property is ideally suited for a variety of medical uses, offering a turnkey solution for a healthcare provider seeking a well-appointed space in a high-traffic area. The location offers strong visibility, positioned just north of a Shell gas station on Cameron Road. The zip code is 78754.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,560,942
6.5%
$1,440,869
7%
$1,337,950
Comparable approach
Method
Valuation
Relative Method
$2,402,006
Geo Method
$2,402,006
Alternative Use
Use
Valuation
Residential
$1,786,678
Hospitality
$1,636,587
Educational
$1,361,621
Medical
$1,408,450
Retail
$2,118,078
Location Insight
City
Austin
County
Travis
State
Texas
Latitude
30.3341
Longitude
-97.6861
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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