5725 Highway 290Austin, TX 78735

Property Details for 5725 Highway 290

Year built

1985

Construction

CONCRETE

Lot size

6.51 AC

Property size (Sq ft)

29,809 SF

Property type

Office buildings

APN

406280503

APU

406280503

Description

This exceptional Austin, Texas executive office property, located at 5725 West Hwy. 290, offers a prime opportunity for businesses seeking flexible and modern workspace. The building totals 29,809 square feet and currently has 16,649 square feet of vacant space available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 2,195 square feet to a maximum contiguous space of 8,987 square feet, catering to a variety of business needs and sizes. The property is conveniently situated in Travis County, offering easy access to major transportation routes and amenities. The ample parking provides a convenient 5.2 spaces per 1,000 square feet. This is an ideal location for businesses seeking a prestigious address in a thriving Austin market. The property is classified as an Executive Office, Commercial space, ensuring a professional and efficient work environment. Three spaces are currently available, providing immediate occupancy options. Interested parties are encouraged to inquire about lease terms and availability for these exceptional office suites. The property's address is 5725 Hwy 290 W, Austin, TX 78735.

• CAP approach

  CAP return

  Valuation

  6%

  $9,292,078

  6.5%

  $8,577,303

  7%

  $7,964,638

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,924,517

  Geo Method

  $8,924,517

• Alternative Use

  Use

  Valuation

  Residential

  $10,635,856

  Hospitality

  $9,742,387

  Educational

  $8,105,552

  Medical

  $8,384,314

  Retail

  $12,608,635

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2349

Longitude

-97.8466

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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