Technical
Financial
Distress signals
Property profile

10418 Fm 620th Rd Austin, TX 78726

OFF-MARKET
Parking lots & garages
Property ID
US82-1990543
4,870 SF 0.18 ac lot Built 1978
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three single-story buildings totaling 5,000-7,000 square feet on a 0.45-acre lot in Austin, Texas. Located at the prominent corner of 10418 N FM 620 Rd and 11809 Buckner Rd (zip code 78726, Travis County), this multi-tenant property boasts a strong 3.35% cap rate and a substantial net operating income (NOI) of $100,600. Currently 100% occupied by established national tenants including AutoZone, Sherwin-Williams, and O'Reilly Auto Parts under a gross lease, this property offers immediate cash flow and long-term stability. The buildings feature 10-foot ceilings and are zoned SF-2. The property is offered at $2,999,999 with 100% ownership. This prime location benefits from low taxes and high visibility, making it an ideal investment for a discerning buyer seeking a stable, high-return asset in a thriving Austin market. Detailed financial information is available upon request.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1978
Construction CONCRETE
Total area 4,870 SF
Lot 0.18 ac (7,754 SF)
APN 170250308
UPID US82-1990543

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

10418 Fm 620th Rd Austin, TX 78726-1701
Austin metro Census 35800 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2004
$51,415
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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