2200 Grand Avenue PkwyAustin, TX 78728

Property Details for 2200 Grand Avenue Pkwy

Year built

1997

Construction

CONCRETE

Lot size

5.20 AC

Property size (Sq ft)

76,000 SF

Property type

Warehouses

APN

276230603

APU

276230603

Description

This exceptional industrial property, Vista Park 1-7, located at 2200-2400 Grand Ave Pkwy in Austin, Texas, offers a total of 87,950 square feet of flexible, warehouse, and distribution space. Currently, the entire building is available for lease, providing a unique opportunity for a single tenant or multiple tenants. The property boasts a range of sizes, with a minimum divisible space of 38,000 square feet and a maximum contiguous space of 49,950 square feet. The high ceilings, ranging from 20 to 22 feet, provide ample vertical clearance for storage and operations. Convenient loading and unloading is ensured with 15 dock-high doors and 2 drive-in doors. The property is situated in Travis County, offering easy access to major transportation routes and the vibrant Austin business community. This prime location, combined with the versatile space and excellent features, makes Vista Park 1-7 an ideal choice for businesses seeking a modern and efficient industrial facility in the heart of Austin, Texas. The zip code is 78728. The property is classified as industrial and is suitable for multiple tenants. This is a rare opportunity to secure a substantial and well-equipped industrial space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $37,447,400

  6.5%

  $34,566,800

  7%

  $32,097,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $36,405,800

  Geo Method

  $36,405,800

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $18,101,500

  Mixed-Use / Specialty

  $18,333,100

  Hospitality / Lodging

  $13,836,000

  Office

  $18,532,700

  Institutional / Educational

  $19,164,900

  Residential Income

  $22,423,000

  Multifamily

  $25,251,000

  Automotive / Energy

  $16,427,100

  Parking / Income-Based Land

  $5,376,190

  Restaurant / Food Service

  $10,167,300

  Healthcare / Senior Housing

  $18,496,600

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.4577

Longitude

-97.6729

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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