1122 Capital Of Texas HwyAustin, TX 78746

Property Details for 1122 Capital Of Texas Hwy

Year built

1997

Lot size

7.09 AC

Property size (Sq ft)

63,592 SF

Property type

Office properties

Property subtype

Office buildings

APN

111210202

APU

111210202

Description

CityView Center, a Class A retail property in Austin, Texas' Southwest submarket, offers exceptional leasing opportunities. Located at 1122 S Capital of Texas Hwy, West Lake Hills, 78746, this three-story building boasts a total of 129,230 square feet, with 113,303 square feet currently vacant. Ideal for fitness centers or similar commercial uses, the space is divisible into units ranging from a minimum of 19,105 square feet to a maximum contiguous space of 48,956 square feet. The building features ample parking, with a ratio of 3.73 spaces per 1,000 square feet, and convenient elevator access. Constructed in 2000, CityView Center is situated in Travis County and benefits from its prime location within the desirable Southwest submarket of Austin. This presents a unique chance to establish or expand a business in a thriving area with excellent visibility and accessibility. The property's modern design and substantial square footage offer significant potential for a variety of commercial ventures. Inquire today to learn more about this exceptional leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $19,822,934

  6.5%

  $18,298,092

  7%

  $16,991,086

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,038,808

  Geo Method

  $19,038,808

• Alternative Use

  Use

  Valuation

  Residential

  $22,689,636

  Hospitality

  $20,783,584

  Educational

  $17,291,698

  Medical

  $17,886,386

  Retail

  $26,898,196

Location Insight

City

West Lake Hills

County

Travis

State

Texas

Latitude

30.281

Longitude

-97.8248

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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