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    248 Addie Roy Rd Austin, TX 78746

    Sponsored
    For Lease
    $23 SF/Yr ($3,766 /Mo)

    1,965 SF Executive Office Suite, Austin, TX

    Lot size:
    1,965 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A executive office suite, totaling 1,965 square feet, is immediately available in the desirable Westlake submarket of Austin, Texas. Located at 248 Addie Roy Rd, this 2006-renovated space boasts a prime location across Bee Caves Rd from the One World Theater and near Barton Creek Country Club. The suite, situated in a three-story, three-building complex built in 1999, offers expansive views. The interior features five private offices, three of which are executive offices, and one with a separate balcony entrance. Two ADA-compliant bathrooms and a convenient breakroom/kitchen area are included. All doors are lockable, and ample storage is available in the hallway and a dedicated closet. The suite benefits from a 12-foot ceiling height, one elevator, and on-site power. The property sits on 0.2 acres of land and is zoned for commercial use. Property taxes are $12.15 per square foot. This turnkey solution provides immediate occupancy in a highly sought-after location.

    Property Features for 248 Addie Roy Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,965 SF
    Class
    A
    Total Rate
    3766.25

    Building Details

    Year Built/Renovated
    1999/2006
    Buildings
    3
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,965 SF
    Rate per SF
    $23

    HighLights

    • Abundant on‑site parking.
    • Panoramic Hill Country vistas.
    • Prime Westlake location.
    Property Profile Location Intelligence

    Current Use by Public Records

    United Steel Supply Steel Distributor APA Center Psychologist US Telehealth Medical Office Skelton & Woody PLLC Insurance Attorney Therapy Kat PLLC Mental Health Service

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Building Supply Pharmacy Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.844203118585
    Latitude
    30.310628238973

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    FAQs

    What type of property is this?
    Office Property / Space - 1,965 SF Executive Office Suite, Austin, TX
    Where is this office property / space located?
    The property is located at 248 Addie Roy Rd Austin, TX.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Abundant on-site parking.; Panoramic Hill Country vistas.; Prime Westlake location.
    Request Owner's contact information
    248 Addie Roy Rd Austin, TX 78746
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    248 Addie Roy Rd Austin, TX 78746
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