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    3900 Berkman Dr Austin, TX 78723

    Sponsored
    For Lease
    $42 SF/Yr ($17,500 /Mo)

    Prime Austin Office Space: 3 Suites Available

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Austin, Texas property, located at 3900 Berkman Dr, offers 5,000 square feet of commercial space ideally suited for retail or office use. Situated in the desirable Mueller neighborhood, this Travis County property boasts three separate suites ranging from 800 to 3,000 contiguous square feet, with a minimum divisible space of 800 square feet. Currently, all 5,000 square feet are vacant and available for lease. The units feature street-front visibility and signage opportunities along Berkman Dr, providing excellent exposure. The property is zoned PUD and is scheduled for shell condition delivery in the second quarter of 2024. This presents a unique opportunity for owner-users and investors seeking a high-visibility location in a thriving Austin community. The property's proximity to a new 345-unit apartment development and the historic Mueller control tower further enhances its appeal and potential for strong tenant occupancy. This is a rare chance to secure prime commercial space in a rapidly developing area of Austin, Texas, zip code 78723.

    Property Features for 3900 Berkman Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF
    Total Rate
    17500

    Unit(s) available at that property

    Space
    Unit 110
    Size
    1,200 SF
    Rate per SF
    $42
    Space
    Unit 100
    Size
    3,000 SF
    Rate per SF
    $42
    Space
    Unit 120
    Size
    800 SF
    Rate per SF
    $42

    HighLights

    • High‑profile commercial space at Mueller's southern entrance.
    • Over 1,000 homes within walking distance, providing a strong customer base.
    • Excellent street‑front visibility with ample signage opportunities.
    • Suitable for a variety of retail or office uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shalimar Banquets Banquet Hall

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.6993662
    Latitude
    30.2912468

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Austin Office Space: 3 Suites Available
    Where is this office property / space located?
    The property is located at 3900 Berkman Dr Austin, TX.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: High-profile commercial space at Mueller's southern entrance.; Over 1,000 homes within walking distance, providing a strong customer base.; Excellent street-front visibility with ample signage opportunities.
    Request Owner's contact information
    3900 Berkman Dr Austin, TX 78723
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    Austin, TX 78723
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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
    3900 Berkman Dr Austin, TX 78723
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