1120 Capital Of Texas HwyAustin, TX 78746

For Lease
  • Office buildings
  • 46,984 SF

Property Details for 1120 Capital Of Texas Hwy

Year built
1985
Lot size
8.42 AC
Property size (Sq ft)
46,984 SF
Property type
Office buildings
APN
111210201
APU
111210201

Description

CityView 1-3 offers a prime retail leasing opportunity in Travis County. This multi-tenant property boasts a total of 48,512 square feet, with 44,117 square feet currently vacant and available for lease. The property is highly divisible, offering spaces ranging from a minimum of 1,827 square feet to a maximum contiguous space of 9,858 square feet. Nine individual spaces are currently available, providing flexibility for businesses of various sizes. The property's location within Travis County offers excellent access to a thriving consumer base and strong regional demographics. This presents a unique chance for businesses seeking high-visibility retail space in a desirable market. The expansive vacant space allows for customization and tenant build-outs to suit individual business needs. Whether seeking a smaller boutique space or a larger flagship location, CityView 1-3 provides a versatile and attractive option for retail tenants. Interested parties are encouraged to inquire about lease terms and availability for these exceptional retail spaces. The property's size and layout offer significant potential for growth and success in a dynamic retail environment. Don't miss this opportunity to establish your business in a prime Travis County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,645,879
    6.5%
    $13,519,273
    7%
    $12,553,610
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,066,540
    Geo Method
    $14,066,540
  • Alternative Use

    Use
    Valuation
    Residential
    $16,763,898
    Hospitality
    $15,355,641
    Educational
    $12,775,713
    Medical
    $13,215,089
    Retail
    $19,873,330
1120 Capital Of Texas Hwy, Austin, Texas

Location Insight

City
West Lake Hills
County
Travis
State
Texas
Latitude
30.2824
Longitude
-97.8251
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$845,777
$7,338,980
$27,954,730
$35,293,710
-
$7,338,980
$27,954,730
$35,293,710

FAQs

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