4105 Medical PkwyAustin, TX 78756

Property Details for 4105 Medical Pkwy

Year built

1972

Lot size

0.28 AC

Property size (Sq ft)

7,769 SF

Property type

Office properties

Property subtype

Office buildings

APN

221020903

APU

221020903

Description

This exceptional two-story medical/creative office building, located at 4105 Medical Parkway in Austin, Texas (zip code 78756), offers flexible lease options ranging from 409 to 2,600 contiguous square feet. Built in 1972, this single building, situated in Travis County's Central Medical District, provides a prime location for professionals. The currently available 2,600 square feet of vacant space is ideal for a variety of uses, including medical offices, creative agencies, or other professional services. Suite 206 is divisible to accommodate smaller tenants. The building boasts abundant natural light, recently updated carpeting and windows, and convenient on-site building ownership. Enjoy the benefits of a central Austin location, with easy walking access to Central Market, parks, shops, and restaurants. Please note that the lease rate does not include internet service.

• CAP approach

  CAP return

  Valuation

  6%

  $2,793,279

  6.5%

  $2,578,411

  7%

  $2,394,239

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,325,961

  Geo Method

  $2,325,961

• Alternative Use

  Use

  Valuation

  Residential

  $3,197,230

  Hospitality

  $2,928,646

  Educational

  $2,436,599

  Medical

  $2,520,397

  Retail

  $3,790,265

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3103

Longitude

-97.7422

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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