1700 Ranch Rd 620 S, Lakeway, TX
Single-story, renovated retail/medical office space in Lakeway, Texas.
- Added:
- Oct 18, 2024
- Days on Market:
- 599
- Last Refresh:
- May 20 at 8:49 pm
Property Features for 1700 Ranch Rd 620 S
General Information
- Standard status
- Active
- Size
- 5,016 SF
- Lot size
- 1.00 Acres
- Property subtype
- OFFICE
Properties For Sale
at 1700 Ranch Rd 620 S Contact us
Listing agent Joel Hargett (512) 820-7429
Listing office CSA Realty Group (512) 820-7429
Listing date Oct 18, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of CSA Realty Group
HighLights
- Strategic Lakeway, TX location in the Austin Metro area with HWY 620 frontage and high visibility (over 42,000 vehicles per day)
- Recently renovated in 2022, offering 3,000 sq ft of rentable space suitable for retail or medical office
- Proximity to HEB Supermarket, restaurants, venues, and Baylor Scott and White regional medical center
- Upcoming positive impact on traffic flow due to The Square at Lohmans, a 270‑unit multifamily community
- Shared facilities include two bathrooms, a break room, and a shower; Lakeway Vision Associates is a co‑tenant
- Owner financing available
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $210.7k | $42.00 |
| − Vacancy | −$51.2k | −$10.21 |
| EGI | $159.5k | $31.79 |
| − OpEx | −$39.9k | −$7.95 |
| NOI | $119.6k | $23.85 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Lakeway Veterinary Clinic — 1003 Ranch Rd 620 S, Lakeway, TX 78734
- VCA Terrell Animal Hospital — 2 Lakeway Centre Ct, Lakeway, TX 78734
- UrgentVet — 2009 Main St Suite 450, Lakeway, TX 78734
- Wagstarter — 2303 ranch rd 620 s, austin, tx 78734
Location Insight
- Map
- Local Demand
- City
- Lakeway
- County
- Travis
- State
- Texas
- Longitude
- -97.9917
- Latitude
- 30.368
