12601 Metric BlvdAustin, TX 78727

Property Details for 12601 Metric Blvd

Year built

2020

Lot size

1.77 AC

Property size (Sq ft)

23,040 SF

Property type

Office properties

Property subtype

Office buildings

APN

262180528

APU

262180528

Description

This exceptional 23,040 square foot, two-story Class B office building, constructed in 2022, offers flexible lease options in Austin, TX. Located at 12601 Metric Blvd (Parmer & Metric), the property features 18,725 square feet of immediately available space, divisible to a minimum of 7,205 square feet, with a maximum contiguous space of 23,040 square feet. The building boasts a 12-foot ceiling height, ample natural light, and a passenger elevator. With 65 parking spaces and premium signage opportunities, this property is ideal for businesses seeking a modern, convenient location. The building is currently a shell, allowing for complete customization to suit individual tenant needs, including medical or traditional office uses. Its prime location offers effortless access to major thoroughfares, and proximity to St. David's North Austin Medical Center (3 minutes), Round Rock Medical Center (10 minutes), and The Domain (3 miles). The zoning is designated for office use, and the 1.775-acre lot provides ample space. This is a rare opportunity to secure a brand-new, highly adaptable office space in a thriving Austin submarket. Three suites are available in this building. The first tenant is currently beginning construction in one of the upper-level suites.

• CAP approach

  CAP return

  Valuation

  6%

  $7,326,262

  6.5%

  $6,762,704

  7%

  $6,279,654

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,897,946

  Geo Method

  $6,897,946

• Alternative Use

  Use

  Valuation

  Residential

  $8,385,752

  Hospitality

  $7,681,304

  Educational

  $6,390,755

  Medical

  $6,610,542

  Retail

  $9,941,174

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.4152

Longitude

-97.6897

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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