12516 Walnut Park XingAustin, TX 78753

Property Details for 12516 Walnut Park Xing

Year built

2019

Lot size

0.55 AC

Property size (Sq ft)

6,840 SF

Property type

Office buildings

APN

254200210

APU

254200210

Description

This exceptional two-story, Class B office building, constructed in 2019, offers a variety of executive and traditional office spaces for lease in Austin, Texas. Located at 12516 Walnut Park Crossing, 78753, this property boasts a total of 6,840 square feet situated on a 0.544-acre lot. The building features multiple tenancies, with a minimum divisible space of 82 square feet and a maximum contiguous space of 82 square feet currently available. One space, totaling 82 square feet, is immediately available. The property enjoys a tranquil setting surrounded by woods, providing ample parking and proximity to numerous restaurants and retail establishments. Its convenient location between North Lamar Boulevard and IH-35 North offers easy access to downtown Austin (just 11 miles away) and The Domain. The building's attractive features and strategic location make it an ideal choice for businesses seeking a professional and easily accessible workspace in a desirable Austin neighborhood. The serene wooded surroundings of Walnut Creek Metropolitan Park (293 acres) are also nearby.

• CAP approach

  CAP return

  Valuation

  6%

  $2,174,984

  6.5%

  $2,007,678

  7%

  $1,864,272

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,047,828

  Geo Method

  $2,047,828

• Alternative Use

  Use

  Valuation

  Residential

  $2,489,520

  Hospitality

  $2,280,387

  Educational

  $1,897,255

  Medical

  $1,962,505

  Retail

  $2,951,286

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3971

Longitude

-97.6794

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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