2420 Ridgepoint DrAustin, TX 78754

  • Industrial properties
  • 48,079 SF
For Sale

Property Details for 2420 Ridgepoint Dr

Year built
1983
Construction
CONCRETE
Lot size
3.22 AC
Property size (Sq ft)
48,079 SF
Property type
Industrial properties
Property subtype
Other industrial properties
APN
229230103
APU
229230103

Description

Promontory Point Buildings B & C, located at 2420 & 2500 Ridgepoint Dr, Austin, TX 78754, offer a significant opportunity for businesses seeking creative office space in a prime location. This campus comprises two buildings totaling 308,268 square feet of vacant, flexible space, ideal for multiple tenants. Divisible spaces range from a minimum of 49,029 square feet to a maximum contiguous space of 209,911 square feet, providing adaptability for various business needs. The buildings boast 18-foot ceilings, creating a spacious and versatile environment. Situated on a sizable lot ranging from 3.22 to 4.818 acres, the property offers ample space for laydown yards or future development. Conveniently located at the intersection of Hwy 290 and US 183 within the Walnut Creek Business Park, and less than 10 minutes from SH 130, this location provides excellent access to major transportation arteries. The property is zoned Light Industrial (LI), and features a generous parking ratio of up to 6.4 spaces per 1,000 square feet. Built in 1983, these buildings present a unique blend of established infrastructure and significant expansion potential in the thriving Austin, Travis County market. The property is ready for immediate occupancy.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,706,928
    Hospitality
    $9,807,488
    Educational
    $8,159,715
    Medical
    $8,440,340
    Retail
    $12,692,890
2420 Ridgepoint Dr, Austin, Texas

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.3292
Longitude
-97.6732
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$222,546
$982,170
$10,277,723
$11,259,893
-
$982,170
$10,277,723
$11,259,893

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