5581 Kyle Center DrKyle, TX 78640

Property Details for 5581 Kyle Center Dr

Year built

2020

Lot size

1.74 AC

Property type

Commercial real estate

APN

R164589

APU

R164589

Description

Parkway Plaza in Kyle, Texas, offers exceptional office space for lease. This retail and office complex, located at 5581 Kyle Centre Dr, 78640, boasts a total of 19,270 square feet, with 6,100 square feet currently vacant and immediately available. The property is situated in Hays County and offers flexible lease options for businesses seeking space ranging from a minimum of 1,500 square feet to a maximum contiguous space of 6,100 square feet. The building is categorized as a shopping center with executive office suites, making it ideal for a variety of professional uses. The location in Kyle, Texas provides excellent access to major transportation routes and amenities, making it a convenient and attractive location for businesses. This is a multi-tenant building, offering a vibrant and collaborative work environment. The available space presents a unique opportunity for businesses to establish a strong presence in a thriving community. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy. Don't miss this chance to secure your ideal office space in this dynamic location.

• CAP approach

  CAP return

  Valuation

  6%

  $28,963,900

  6.5%

  $26,735,900

  7%

  $24,826,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,744,400

  Geo Method

  $22,744,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $57,172,200

  Retail / Commercial

  $28,429,800

  Mixed-Use / Specialty

  $27,628,800

  Hospitality / Lodging

  $19,359,500

  Office

  $26,735,900

  Institutional / Educational

  $28,472,800

  Residential Income

  $33,313,100

  Multifamily

  $43,832,600

  Automotive / Energy

  $24,405,200

  Parking / Income-Based Land

  $9,113,180

  Restaurant / Food Service

  $12,876,800

  Healthcare / Senior Housing

  $29,050,300

Location Insight

City

Kyle

County

Hays

State

Texas

Latitude

30.0081

Longitude

-97.8647

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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