3601 Davis LnAustin, TX 78749

Property Details for 3601 Davis Ln

Year built

2022

Lot size

0.86 AC

Property size (Sq ft)

6,405 SF

Property type

Medical offices

Property subtype

Medical centers

APN

422280508

APU

422280508

Description

This exceptional 11,050 square foot retail property at 3601 Davis Lane, Austin, TX 78749, presents a unique investment opportunity. Located in the desirable Southwest Austin submarket, this single-story, Class B building boasts a prime location near Brodie Lane and was newly constructed in 2023. The property features two suites, with a minimum divisible space of 2,460 square feet and a maximum contiguous space of 5,000 square feet currently available for lease. A total of 7,460 square feet is currently vacant, offering significant potential for a variety of retail uses. The building is zoned GR-CO, catering to a range of commercial ventures. The property's proximity to a high-traffic business like Goldfish Swim School provides excellent visibility and access to a consistent flow of potential customers. This location benefits from strong demographics within an affluent community, making it an ideal choice for businesses seeking high visibility and a thriving customer base. The absence of elevators is noted, reflecting the single-story design. This property offers a compelling opportunity to establish a presence in a rapidly growing area of Austin.

• CAP approach

  CAP return

  Valuation

  6%

  $2,441,970

  6.5%

  $2,254,130

  7%

  $2,093,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,917,590

  Geo Method

  $1,917,590

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,820,230

  Retail / Commercial

  $2,396,940

  Mixed-Use / Specialty

  $2,329,400

  Hospitality / Lodging

  $1,632,210

  Institutional / Educational

  $2,400,560

  Residential Income

  $2,808,650

  Multifamily

  $3,695,560

  Automotive / Energy

  $2,057,620

  Parking / Income-Based Land

  $768,338

  Restaurant / Food Service

  $1,085,650

  Healthcare / Senior Housing

  $2,449,250

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.1955

Longitude

-97.8436

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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