403 Industrial BlvdAustin, TX 78745

Property Details for 403 Industrial Blvd

Year built

1976

Construction

STEEL FRAME

Lot size

0.35 AC

Property size (Sq ft)

5,000 SF

Property type

Warehouses

APN

412040601

APU

412040601

Description

This exceptional 6,000-square-foot warehouse, located at 403 Industrial Blvd in Austin, Texas, 78745, presents a unique opportunity for businesses seeking a versatile industrial space. Built in 1976, this single-tenant property sits on a 0.36-acre lot and offers a spacious interior with high vaulted ceilings. The open layout provides flexibility for a variety of operational needs. The property's hard corner location in the thriving South Elmo area offers excellent visibility and accessibility. A significant advantage is the inclusion of an expansive outdoor yard area, perfect for storage, loading, or other outdoor operations. The property's industrial classification and warehouse subtype make it suitable for a wide range of businesses, from light manufacturing and distribution to storage and warehousing. This well-maintained building provides a solid foundation for any business looking to establish or expand its operations in a dynamic and rapidly growing Austin neighborhood. The property's size and features make it an attractive option for businesses seeking a functional and strategically located space. Its location offers easy access to major transportation routes, ensuring efficient logistics and distribution. This is a rare opportunity to acquire a well-positioned industrial property in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,076,440

  6.5%

  $3,762,870

  7%

  $3,494,090

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,395,120

  Geo Method

  $2,395,120

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,871,140

  Mixed-Use / Specialty

  $1,818,430

  Hospitality / Lodging

  $1,274,170

  Office

  $1,759,660

  Institutional / Educational

  $1,873,970

  Residential Income

  $2,192,550

  Multifamily

  $2,884,900

  Automotive / Energy

  $1,606,260

  Parking / Income-Based Land

  $599,796

  Restaurant / Food Service

  $847,503

  Healthcare / Senior Housing

  $1,911,980

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2183

Longitude

-97.762

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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