9901 Capital Of Texas HwyAustin, TX 78759

Property Details for 9901 Capital Of Texas Hwy

Year built

1995

Construction

CONCRETE

Lot size

3.19 AC

Property size (Sq ft)

36,430 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

252000121

APU

252000121

Description

This exceptional 4,667 square foot retail space is located within the Gateway Shopping Center in Austin, Texas, at 9901 N Capital of Texas Hwy, zip code 78759. Situated in Travis County, this single-tenant property offers a fantastic opportunity for a variety of businesses. The building, constructed in 1996, is a two-story structure with a total of 37,003 square feet. This specific unit is located on the second floor, providing excellent visibility and accessibility from Capital of Texas Highway. Currently configured as a school and co-working space, the layout is adaptable and well-suited for a range of uses, including medical offices, general retail, co-working spaces, educational facilities, health and wellness businesses, or other retail-related ventures. The current tenant is seeking a sublease arrangement due to their need for a location that can accommodate a playground. The space is in excellent condition and ready for immediate occupancy, providing a turnkey solution for a business looking to establish or expand its presence in a high-traffic area of Austin. The property's location offers convenient access to major transportation routes and a strong customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $17,028,504

  6.5%

  $15,718,619

  7%

  $14,595,860

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,485,080

  Geo Method

  $27,485,080

• Alternative Use

  Use

  Valuation

  Residential

  $13,259,243

  Hospitality

  $12,145,395

  Educational

  $10,104,826

  Medical

  $10,452,347

  Retail

  $15,718,619

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3896

Longitude

-97.7407

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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