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    12702 Sherbourne St Austin, TX 78729

    For Lease
    $53,940

    2000 sq ft Office, Great Location

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2,000 square foot single-tenant office space is ideally situated at 12702 Sherbourne St #B, offering high visibility from Anderson Mill Rd. The property is categorized as retail and office, suitable for traditional office use, coworking, or creative office setups. Its versatile design makes it perfect for a variety of professional uses. The space boasts ample built-in storage, attractive laminated/vinyl flooring throughout, and benefits from a large, tree-filled lot providing extensive parking. This prime location offers easy access to major transportation arteries, including Highway 183 and Parmer Lane, and enjoys close proximity to the Apple campus. The property's high visibility and convenient location make it an excellent opportunity for businesses seeking a functional and attractive space with significant potential. The abundance of parking and the large lot add to the property's appeal. This is a fantastic opportunity for businesses seeking a versatile and well-located office space. The property's multiple-use potential makes it a highly desirable option for a range of professional tenants.

    Property Features for 12702 Sherbourne St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF
    Total Rate
    53940

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $53,940

    HighLights

    • 2,000 square foot single‑tenant retail and office space for lease.
    • Suitable for office or professional use.
    • High visibility from Anderson Mill Rd with ample parking.
    • Features built‑in storage and laminate/vinyl flooring.
    • Excellent location near Apple campus, Hwy 183, and Parmer Ln, ideal for corporate offices.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PSG Info Biz, ... Software Company Shekinah Global Media Television Station Joyful Journeys Montessori Montessori School Christina's Smile Non-Profit Organization PSG Real Estate ... Real Estate Agency

    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
    -97.7785526
    Latitude
    30.4531491

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    FAQs

    What type of property is this?
    Office space - 2000 sq ft Office, Great Location
    Where is this office space located?
    The property is located at 12702 Sherbourne St Austin, TX.
    What is the lease rate?
    The lease rate is $53,940.
    What are key features of this property?
    This property features: 2,000 square foot single-tenant retail and office space for lease.; Suitable for office or professional use.; High visibility from Anderson Mill Rd with ample parking.
    Request Owner's contact information
    12702 Sherbourne St Austin, TX 78729
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    Austin, TX 78729
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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
    12702 Sherbourne St Austin, TX 78729
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