605 Howard LnAustin, TX 78753

Property Details for 605 Howard Ln

Year built

2016

Lot size

9.67 AC

Property size (Sq ft)

116,211 SF

Property type

Warehouses

APN

264260116

APU

264260116

Description

TechRidge Three.1 offers exceptional industrial warehouse space in Austin, Texas. This 116,211-square-foot building, situated within a 222-acre multi-use business park, provides multiple tenancy options ranging from 18,600 to 39,311 square feet of vacant space. The property boasts a 29-foot ceiling height, ideal for various industrial uses. Its prime location in Austin's Northeast submarket offers immediate access to Interstate 35, Parmer Lane, and Howard Lane, ensuring excellent transportation and logistics capabilities. The business park benefits from significant tax advantages, including Freeport and Foreign Trading Zone benefits, making it an attractive option for businesses seeking cost savings. With ample parking (320 spaces), TechRidge Three.1 is well-suited for manufacturing, distribution, data centers, and flexible office users. The property's strategic location within a thriving business corridor, combined with its modern features and tax advantages, presents a compelling opportunity for businesses seeking a high-quality industrial space in a rapidly growing market. The address is 605 W Howard Ln, Austin, TX 78753.

• CAP approach

  CAP return

  Valuation

  6%

  $81,098,200

  6.5%

  $74,859,900

  7%

  $69,512,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $55,667,900

  Geo Method

  $55,667,900

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $38,632,400

  Mixed-Use / Specialty

  $38,687,400

  Hospitality / Lodging

  $28,634,600

  Office

  $38,658,300

  Institutional / Educational

  $40,288,200

  Residential Income

  $47,137,200

  Multifamily

  $55,465,300

  Automotive / Energy

  $34,532,700

  Parking / Income-Based Land

  $11,726,400

  Restaurant / Food Service

  $20,533,000

  Healthcare / Senior Housing

  $39,475,500

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.4191

Longitude

-97.6633

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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