6600 Manor RdAustin, TX 78723

Property Details for 6600 Manor Rd

Year built

1983

Construction

CONCRETE

Lot size

0.89 AC

Property size (Sq ft)

23,916 SF

Property type

Office buildings

APN

221250937

APU

221250937

Description

This exceptional Austin, Texas investment opportunity encompasses a 23,916 square foot, two-story office building situated on a prominent 2.08-acre corner lot at 6600 Manor Road. The property, built in 1983, features a vacant, multi-tenant executive office space with ample parking (2.13 spaces per 1,000 sq ft). The building boasts multi-phase power and extra water input, along with a unique converted church dwelling on the second floor and a refrigerated warehouse. The zoning allows for flexible use (LR-NP, NO-CO-NP, SF-2-NP). This offering also includes three additional parcels of unimproved land on Lakeside Drive, totaling approximately 0.583 acres, zoned LO-CO and SF-2, which can be sold separately. The main building sits on 0.89 acres at the highly visible intersection of Manor Road and Springdale Road. An additional 5,247 square foot shell building is located at 6618 Manor Road, providing further development potential. The property benefits from convenient access to shopping, medical facilities, and thriving nearby developments like Mueller and the planned Colony Park community. This unique portfolio presents a compelling opportunity for owner-users or developers seeking a prime location in East Austin. The property is offered as a Net NNN lease.

• CAP approach

  CAP return

  Valuation

  6%

  $4,653,058

  6.5%

  $4,295,130

  7%

  $3,988,335

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,160,211

  Geo Method

  $7,160,211

• Alternative Use

  Use

  Valuation

  Residential

  $5,325,961

  Hospitality

  $4,878,552

  Educational

  $4,058,898

  Medical

  $4,198,490

  Retail

  $6,313,841

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3094

Longitude

-97.6691

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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