2205 Parmer LnAustin, TX 78727

Property Details for 2205 Parmer Ln

Year built

2019

Construction

WOOD FRAME

Lot size

0.31 AC

Property size (Sq ft)

7,422 SF

Property type

Retail properties

Property subtype

Strip malls

APN

262161006

APU

262161006

Description

This exceptional Class A office space, located at 2205 W Parmer Ln, Suite 203, Austin, TX 78727, offers 320 square feet of well-designed workspace. Built in 2019, this single-tenant office is situated in a three-story building and boasts convenient access to an elevator. The space features a spacious layout with open access to a shared conference room, perfect for small businesses or individual professionals. Parking is readily available at the rear of the building, providing easy access via stairs or elevator directly to the suite. The property's prime location in Austin, Texas, ensures easy access to major transportation routes and local amenities. This modern office space is ideal for those seeking a comfortable and efficient work environment in a thriving city. The building is a traditional office building, offering a professional and established atmosphere. This is a single-tenant occupancy, providing privacy and control over the space. The property's convenient location and modern amenities make it an attractive option for businesses seeking a high-quality office space in Austin. The year of construction (2019) indicates a modern building with up-to-date features and infrastructure.

• CAP approach

  CAP return

  Valuation

  6%

  $3,469,271

  6.5%

  $3,202,404

  7%

  $2,973,661

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,599,623

  Geo Method

  $5,599,623

• Alternative Use

  Use

  Valuation

  Residential

  $2,701,348

  Hospitality

  $2,474,420

  Educational

  $2,058,688

  Medical

  $2,129,490

  Retail

  $3,202,404

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.4169

Longitude

-97.6991

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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