8701 Shoal Creek BlvdAustin, TX 78757

Property Details for 8701 Shoal Creek Blvd

Year built

1979

Lot size

0.10 AC

Property size (Sq ft)

986 SF

Property type

Office properties

APN

245040902

APU

245040902

Description

This exceptional 2,134 square foot office condo, located at 8701 Shoal Creek Blvd, Suite D302 and D304, Austin, TX 78757, presents a unique investment opportunity. Situated in a well-maintained complex, this single-story, 1979-built property offers a flexible layout perfect for various business types. The space boasts four private offices, a spacious conference room, an open collaborative area, a kitchenette, a break room, and two ADA-compliant restrooms. Three separate entrances/exits provide convenient access, while ample storage and abundant natural light enhance functionality and create an inviting atmosphere. High-quality finishes, including wood floors and tile, contribute to a modern aesthetic. The property includes 7 total parking spaces, conveniently located near the entrances. The 2,134 square foot space is part of a larger 4,268 square foot building on a 0.117-acre lot. Its prime location near major highways 183 and Mopac ensures easy access to key Austin areas. The property's versatility allows for dual use

• CAP approach

  CAP return

  Valuation

  6%

  $355,332

  6.5%

  $327,999

  7%

  $304,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $295,199

  Geo Method

  $295,199

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $635,154

  Retail / Commercial

  $327,779

  Mixed-Use / Specialty

  $328,246

  Hospitality / Lodging

  $242,953

  Institutional / Educational

  $341,828

  Residential Income

  $399,938

  Multifamily

  $470,599

  Automotive / Energy

  $292,995

  Parking / Income-Based Land

  $99,493.40

  Restaurant / Food Service

  $174,213

  Healthcare / Senior Housing

  $334,933

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3728

Longitude

-97.7363

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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