5100 Highway 290Austin, TX 78735

Property Details for 5100 Highway 290

Year built

2002

Lot size

16.92 AC

Property size (Sq ft)

53,104 SF

Property type

Hospitality properties

Property subtype

Motels

APN

406210201

APU

406210201

Description

This exceptional Class A medical office building, located at 5100 W Highway 290 in Austin, Texas, offers a prime opportunity for medical professionals seeking a prestigious location. The building, constructed in 2017, boasts a total of 31,332 square feet spread across four stories. Currently, there is a single suite available, totaling 2,098 square feet, perfect for a variety of medical practices. The building features ample parking, with a generous ratio of four parking spaces per 1,000 square feet. Situated in Travis County, this property enjoys excellent accessibility, with convenient access to major thoroughfares including MoPac, Highway 290, Southwest Parkway, and Loop 360. Its location between Southwest Parkway and Ben White makes it an ideal location for attracting patients and clients. The building's modern design and prime location make it an attractive option for medical practices seeking a high-profile address in a thriving Austin neighborhood. The zip code is 78735. This is a multi-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $18,802,140

  6.5%

  $17,355,822

  7%

  $16,116,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $37,362,196

  Geo Method

  $37,362,196

• Alternative Use

  Use

  Valuation

  Residential

  $18,947,516

  Hospitality

  $17,355,822

  Educational

  $14,439,840

  Medical

  $14,936,448

  Retail

  $22,461,974

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2386

Longitude

-97.8265

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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