500 Canyon Ridge DrAustin, TX 78753
- Retail properties
- 5,646 SF
Property Details for 500 Canyon Ridge Dr
- Year built
- 2003
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 5,646 SF
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 258230207
- APU
- 258230207
Description
Tech Ridge Center, located at 500 Canyon Ridge Drive in Austin, Texas (zip code 78753), offers exceptional retail space in a high-traffic area. This strip center boasts a total of 215,552 square feet and currently has 4,050 square feet available for lease. The property is situated at the intersection of major Austin thoroughfares, including I-35, ensuring high visibility and accessibility. The center features multiple suites, with individual spaces ranging from a minimum of 1,400 square feet to a maximum contiguous space of 2,650 square feet. This makes it ideal for a variety of retail businesses, restaurants, or salons. The property is located in Travis County and benefits from a dense population in the immediate vicinity. The building is comprised of two total suites. This prime Austin location presents a unique opportunity for businesses seeking high visibility and a strong customer base. The available space offers flexibility for businesses of varying sizes, making it an attractive option for both established and emerging enterprises. Contact us today to learn more about this exceptional retail opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,639,114
- 6.5%
- $2,436,106
- 7%
- $2,262,098
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,259,697
- Geo Method
- $4,259,697
-
Alternative Use
- Use
- Valuation
- Residential
- $2,054,946
- Hospitality
- $1,882,320
- Educational
- $1,566,068
- Medical
- $1,619,927
- Retail
- $2,436,106
Location Insight
- City
- Austin
- County
- Travis
- State
- Texas
- Latitude
- 30.4037
- Longitude
- -97.674
- CBSA code
- 12420
- CBSA name
- AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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