4400 Red River StAustin, TX 78751

Property Details for 4400 Red River St

Year built

1961

Lot size

0.18 AC

Property size (Sq ft)

2,242 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

219080821

APU

219080821

Description

This exceptional 2,242 square foot medical office building, situated on a 7,908 square foot lot at 4400 Red River St, Austin, TX 78751 (near 44th St), presents a unique leasing opportunity. Built in 1961 and extensively renovated in 2022, the single-story building boasts a modern interior with several exam rooms, a beautifully updated waiting area, a breakroom, ample storage, and multiple offices. The property features plentiful parking, ensuring convenient access for patients and staff. Its location in Austin's Central submarket offers strong demographics and proximity to the medical district. The building is zoned LO (likely Local Office) within Travis County. The single-tenant occupancy provides autonomy and control. A nearby bus stop enhances accessibility. This fully vacant building offers immediate occupancy and the chance to establish a thriving medical practice in a prime Austin location. The property's features include a reception area and a single building with no elevators. This is an exceptional opportunity for a medical professional seeking a well-appointed, conveniently located space.

• CAP approach

  CAP return

  Valuation

  6%

  $806,092

  6.5%

  $744,085

  7%

  $690,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $671,232

  Geo Method

  $671,232

• Alternative Use

  Use

  Valuation

  Residential

  $922,666

  Hospitality

  $845,157

  Educational

  $703,161

  Medical

  $727,343

  Retail

  $1,093,805

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3035

Longitude

-97.7208

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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