1306 Anderson LnAustin, TX 78757

Property Details for 1306 Anderson Ln

Year built

1977

Lot size

0.16 AC

Property size (Sq ft)

2,275 SF

Property type

Office properties

Property subtype

Office buildings

APN

236090302

APU

236090302

Description

This exceptional 945-square-foot office suite, located at 1306 W Anderson Lane in Travis County, is immediately available. Situated in a single-story, 2,275-square-foot building with four total suites, this space offers four private offices, a welcoming reception/meeting area, and a convenient break room. Shared restrooms are available with Suite B. The property boasts excellent visibility on Anderson Lane, benefiting from high traffic counts and easy access to major thoroughfares including Hwy 183, IH-35, Lamar, and MoPac. Its prime location provides convenient access to numerous restaurants and shops. The lease rate is $22.86 per square foot, NNN, with estimated operating expenses of $10 per square foot. The lease term is negotiable. Ample parking is available with four spaces provided. This versatile space is ideal for a variety of businesses seeking a well-located, functional office environment. The property is classified as Office/Retail and is part of a building with a total of 2,275 square feet. This is a fantastic opportunity to establish your business in a thriving area with exceptional visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $723,405

  6.5%

  $667,758

  7%

  $620,061

• Comparable approach

  Method

  Valuation

  Relative Method

  $681,112

  Geo Method

  $681,112

• Alternative Use

  Use

  Valuation

  Residential

  $828,020

  Hospitality

  $758,462

  Educational

  $631,032

  Medical

  $652,734

  Retail

  $981,605

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3507

Longitude

-97.7189

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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