8201 Fm 620Austin, TX 78726

Property Details for 8201 Fm 620

Year built

2006

Lot size

39.04 AC

Property size (Sq ft)

222,200 SF

Property type

Office buildings

APN

159370251

APU

159370251

Description

This exceptional Class A office building, located at 8201 N FM 620 in Austin, Texas, presents a unique opportunity for a single tenant to occupy the entire 45,056 square foot space. The property boasts a highly desirable location in Travis County, zip code 78726, offering easy access to major transportation routes. Designed to cater to both executive and creative office needs, the building features impressive 20-foot ceilings, creating a spacious and inspiring work environment. The building is categorized as both Executive and Creative Office space, making it suitable for a variety of businesses. With a generous parking ratio of 5 spaces per 1,000 square feet, ample parking is readily available for employees and clients. The entire building is currently vacant, providing a blank canvas for a tenant to customize the space to their exact specifications. This single-tenant occupancy presents a rare opportunity to secure a substantial, high-quality office space in a prime Austin location. The property's size and features make it ideal for a company seeking a prominent and functional headquarters. The address is easily accessible and provides excellent visibility. This is a turnkey solution for a business looking to establish a strong presence in the thriving Austin market.

• CAP approach

  CAP return

  Valuation

  6%

  $52,765,048

  6.5%

  $48,706,196

  7%

  $45,227,184

• Comparable approach

  Method

  Valuation

  Relative Method

  $66,524,456

  Geo Method

  $66,524,456

• Alternative Use

  Use

  Valuation

  Residential

  $60,395,684

  Hospitality

  $55,322,124

  Educational

  $46,027,356

  Medical

  $47,610,308

  Retail

  $71,598,112

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.4168

Longitude

-97.8442

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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