7710 Fm 620Austin, TX 78726

Property Details for 7710 Fm 620

Year built

2022

Lot size

1.75 AC

Property size (Sq ft)

22,584 SF

Property type

Office buildings

APN

158300302

APU

158300302

Description

This exceptional 4,736-square-foot retail or restaurant space is situated on a 1.44-acre lot at the southwest corner of FM 620 and Vista Parke Drive in the Four Points/Austin area of Travis County, Texas. Constructed in 2020, the building offers a single-tenant occupancy opportunity, providing ample space for a variety of commercial uses. The property boasts 63 total parking spaces, ensuring convenient access for customers and employees. The entire 4,736 square feet is currently vacant, presenting a unique chance for a business to establish a prominent presence in a thriving Austin location. Its strategic location at a major intersection offers high visibility and accessibility, making it an ideal site for businesses seeking strong foot traffic and convenient access for customers. The modern construction ensures a well-maintained and efficient space, ready for immediate occupancy. This property represents a rare opportunity to secure a substantial retail or restaurant space in a prime Austin location. The ample parking and visibility make it an attractive option for a wide range of businesses. The vacant status allows for complete customization to suit the needs of the new tenant. This is a turnkey opportunity for a business looking to establish a strong presence in a high-growth area of Austin.

• CAP approach

  CAP return

  Valuation

  6%

  $6,078,000

  6.5%

  $5,610,460

  7%

  $5,209,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,761,420

  Geo Method

  $6,761,420

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $13,010,400

  Retail / Commercial

  $6,287,050

  Mixed-Use / Specialty

  $5,961,560

  Hospitality / Lodging

  $3,979,210

  Institutional / Educational

  $6,089,290

  Residential Income

  $7,124,470

  Multifamily

  $10,224,900

  Automotive / Energy

  $5,219,400

  Parking / Income-Based Land

  $2,100,590

  Restaurant / Food Service

  $2,453,830

  Healthcare / Senior Housing

  $6,424,260

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.4111

Longitude

-97.8522

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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