4107 Medical PkwyAustin, TX 78756

For Lease
$29/SF/YR View listing
  • Office buildings
  • 12,300 SF

Property Details for 4107 Medical Pkwy

Year built
1970
Lot size
0.49 AC
Property size (Sq ft)
12,300 SF
Property type
Office buildings
APN
221020905
APU
221020905

Description

4107 Medical Parkway in Austin, Texas, presents a fantastic opportunity for office or medical tenants seeking a strategic location. This two-story building, totaling 12,300 square feet, offers flexible space options ranging from a minimum of 289 square feet to a maximum contiguous space of 1,096 square feet. Currently, 1,096 square feet of space is immediately available. Built in 1970 and renovated in 2016, the property boasts a convenient location near the Triangle State area, approximately four miles north of downtown Austin. The building's strategic placement provides easy access to Mopac via 35th or 45th Street, ensuring efficient commutes throughout the city. The 0.49-acre lot offers ample parking, with a ratio of 3.33 spaces per 1,000 square feet. The property is zoned LO and has an APN of 217819. This multi-tenant building is ideal for businesses seeking a well-maintained, conveniently located space in a thriving Austin neighborhood. The building's flexible suite sizes cater to a variety of business needs, making it an attractive option for both small and growing companies. Inquire today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,156,108
    6.5%
    $3,836,408
    7%
    $3,562,378
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,682,497
    Geo Method
    $3,682,497
  • Alternative Use

    Use
    Valuation
    Residential
    $4,757,145
    Hospitality
    $4,357,520
    Educational
    $3,625,405
    Medical
    $3,750,088
    Retail
    $5,639,519
4107 Medical Pkwy, Austin, Texas

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.3106
Longitude
-97.7421
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
-
$1,908,000
$1,805,598
$3,713,598
-
$1,908,000
$1,805,598
$3,713,598

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