6221 Mcneil DrAustin, TX 78729

  • Retail properties
  • 38,950 SF
For Lease
$24/SF/YR View listing

Property Details for 6221 Mcneil Dr

Year built
1997
Construction
CONCRETE
Lot size
6.71 AC
Property size (Sq ft)
38,950 SF
Property type
Retail properties
Property subtype
Strip malls
APN
170011501
APU
170011501

Description

McNeil Crossing, located at 6221 McNeil Dr, Austin, TX 78729, offers exceptional retail space in a prime Austin location. This multi-tenant property boasts a total of 37,500 square feet and features two available suites. One suite offers 1,200 square feet, previously occupied by The Scholar Ship, and is immediately available. Another suite, measuring 2,800 square feet, is also available. This space was formerly occupied by Apts Now. The property is conveniently situated near Parmer Lane, providing excellent visibility and accessibility. While other spaces within the building were previously occupied by Austin Ninjas (5,600 SF, lease pending) and Republic Finance (1,400 SF, lease pending), these are not currently available. The minimum divisible space is 1,200 square feet, with a maximum contiguous space of 2,800 square feet. This presents a unique opportunity for businesses seeking flexible and well-located retail space in a thriving Austin market. The property's strategic location and diverse suite sizes make it an ideal choice for a variety of retail ventures. Inquire today to learn more about leasing opportunities at McNeil Crossing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,206,430
    6.5%
    $16,805,934
    7%
    $15,605,511
  • Comparable approach

    Method
    Valuation
    Relative Method
    $29,386,326
    Geo Method
    $29,386,326
  • Alternative Use

    Use
    Valuation
    Residential
    $14,176,435
    Hospitality
    $12,985,538
    Educational
    $10,803,815
    Medical
    $11,175,375
    Retail
    $16,805,934
6221 Mcneil Dr, Austin, Texas

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.442
Longitude
-97.7449
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$144,906
$4,383,660
$2,716,340
$7,100,000
-
$4,383,660
$2,716,340
$7,100,000

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