8015 Shoal Creek BlvdAustin, TX 78757

Property Details for 8015 Shoal Creek Blvd

Year built

1984

Lot size

6.38 AC

Property size (Sq ft)

56,902 SF

Property type

Retail properties

Property subtype

Strip malls

APN

241040710

APU

241040710

Description

This exceptional multi-tenant medical office building, situated in the vibrant heart of Central Austin, offers immediate occupancy in several move-in ready suites. The property boasts a total of 63,525 square feet, with available spaces ranging from 2,301 to 3,042 contiguous square feet. A total of 8,010 square feet is currently vacant and ready for immediate lease. Built in 1985, this well-maintained building provides ample parking with a generous ratio of 5.42 spaces per 1,000 square feet. Its prime North Central Austin location offers unparalleled convenience, with easy access to major thoroughfares like Highway 183 and MoPac Expressway. The property is also within a 10-minute drive of both The Domain and The Arboretum, providing excellent accessibility for both patients and staff. This is an ideal opportunity for medical professionals seeking a prestigious and well-located office space in one of Austin's most desirable areas. The building is perfect for a variety of medical practices, offering flexible space options to accommodate diverse needs. Travis County location ensures easy access to a wide range of support services and amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $19,863,106

  6.5%

  $18,335,174

  7%

  $17,025,518

• Comparable approach

  Method

  Valuation

  Relative Method

  $42,930,444

  Geo Method

  $42,930,444

• Alternative Use

  Use

  Valuation

  Residential

  $15,466,405

  Hospitality

  $14,167,144

  Educational

  $11,786,898

  Medical

  $12,192,267

  Retail

  $18,335,174

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3639

Longitude

-97.7384

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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