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    717 Parmer Ln Austin, TX 78753

    For Lease
    $24 SF/Yr

    Premium Austin office, move-in ready.

    Lot size:
    182,872 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional four-story executive office building, located at 717 E Parmer Ln, Austin, TX 78753, offers 182,872 square feet of prime office space in Travis County. The property sits on a substantial 300-acre lot and boasts multiple tenancy options, with spaces ranging from a minimum of 17,688 square feet to a maximum contiguous space of 41,296 square feet. Currently, the entire 182,872 square feet is vacant and ready for immediate occupancy. The building features modern amenities including elevators and ample parking (5.8 spaces per 1,000 square feet). Recent exterior renovations have enhanced the property's appeal, including new campus monument signs, a Wi-Fi enabled outdoor plaza, sand volleyball courts, updated landscaping, and new outdoor furniture. Interior improvements are equally impressive, showcasing a renovated lobby, a tenant lounge, and a state-of-the-art fitness center complete with showers. The building's zoning allows for both office and life science/lab uses, providing flexibility for a variety of businesses. Its strategic location across from the Parmer Innovation District, a 300-acre technology park housing leading Fortune 500 companies, ensures high visibility and accessibility. This is a truly remarkable opportunity to secure a prestigious and well-appointed office space in a thriving Austin location.

    Property Features for 717 Parmer Ln

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    182,872 SF
    Total Rate
    365744

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    2nd Floor, Suite 250
    Size
    41,296 SF
    Rate per SF
    $24
    Space
    1st Floor, Suite 110
    Size
    17,688 SF
    Rate per SF
    $24

    HighLights

    • 182,872 SF of move‑in ready office space available in a four‑story building at 717 E Parmer Ln, Austin, TX.
    • Spaces range from 17,688 SF to 41,296 SF contiguous.
    • High parking ratio: 5.8 spaces per 1,000 SF.
    • Building features renovated lobby, tenant lounge, and fitness center with showers.
    • Outdoor amenities include a Wi‑Fi enabled plaza, sand volleyball courts, and updated landscaping.
    • Zoned for office and life science/lab uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    General Motors Corporate Office Reginald Portable Toilets Portable Toilet Supplier Austin It Innovation ... Car Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.6603699
    Latitude
    30.4016884

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    FAQs

    What type of property is this?
    Office Property / Space - Premium Austin office, move-in ready.
    Where is this office property / space located?
    The property is located at 717 Parmer Ln Austin, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 182,872 SF of move-in ready office space available in a four-story building at 717 E Parmer Ln, Austin, TX.; Spaces range from 17,688 SF to 41,296 SF contiguous.; High parking ratio: 5.8 spaces per 1,000 SF.
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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
    717 Parmer Ln Austin, TX 78753
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