3515 Webberville RdAustin, TX 78702

Property Details for 3515 Webberville Rd

Year built

2022

Lot size

0.97 AC

Property size (Sq ft)

43,168 SF

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

207140132

APU

207140132

Description

This exceptional Austin retail property, located at 3515 Webberville Road, 78702, offers 5,500 square feet of immediately available space within a larger 43,168 square foot building. Built in 2021, this four-story structure presents a unique opportunity for businesses seeking a prominent location in a vibrant Austin neighborhood. The space is divisible into units as small as 1,100 square feet, offering flexibility for various retail concepts. The property features excellent visibility and ample parking, ensuring convenient access for customers and employees. The building's modern design complements its established community presence, creating a strong foundation for a successful retail venture. This is a single-tenant building with a total of one suite. The property's flexible layout allows for customization to meet specific business needs, with potential for value-added improvements to further enhance rental income. The property's APN is 02071401320000. This is a street retail space offering a compelling opportunity to establish a thriving business in a high-traffic area of Austin. Don't miss this chance to secure a prime retail location in a dynamic and growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $15,360,125

  6.5%

  $14,178,577

  7%

  $13,165,821

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,032,304

  Geo Method

  $20,032,304

• Alternative Use

  Use

  Valuation

  Residential

  $14,178,577

  Hospitality

  $12,987,500

  Educational

  $10,805,448

  Medical

  $11,177,064

  Retail

  $16,808,474

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2708

Longitude

-97.7055

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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