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    3900 Berkman Dr Austin, TX 78723

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    For Sale
    Contact for pricing

    Mueller District Retail/Office Opportunity

    Property size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Austin commercial property, located at 3900 Berkman Dr, offers 5,000 square feet of prime retail and office space within the highly sought-after Mueller neighborhood (zip code 78723). Situated at the southern entrance to Mueller, this NNN-lease property boasts exceptional street-front visibility and signage along Berkman Drive, ensuring high traffic and brand exposure. The space is comprised of three individual units, ranging from 800 to 3,000 square feet, providing flexibility for various business needs. Delivered in shell condition in Q2 2024, these units are perfect for owner-users or investors seeking a turnkey opportunity. The property benefits from its proximity to over 1,000 homes within walking distance and is directly across from a new 345-unit apartment complex and the historic Mueller control tower, guaranteeing a robust customer base. The property is zoned PUD and is part of a larger development including 34 for-sale residential condos. This location offers unparalleled access to a thriving community and presents a unique chance to establish a presence in one of Austin's most desirable areas. The property's strategic location and versatile space make it an ideal investment for both retail and office users.

    Property Features for 3900 Berkman Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,000 SF

    Building Details

    Units
    345

    HighLights

    • 5,000 SF of retail/office space at 3900 Berkman Dr, Austin, TX 78723 (Mueller neighborhood).
    • High street visibility and signage at the southern Mueller entrance.
    • Three units (800‑3,000 SF) available Q2 2024; delivered in shell condition.
    • Excellent location; over 1,000 homes within walking distance, across from a 345‑unit apartment complex.
    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 - Mueller District Retail/Office Opportunity
    Where is this office property / space located?
    The property is located at 3900 Berkman Dr Austin, TX.
    What are key features of this property?
    This property features: 5,000 SF of retail/office space at 3900 Berkman Dr, Austin, TX 78723 (Mueller neighborhood).; High street visibility and signage at the southern Mueller entrance.; Three units (800-3,000 SF) available Q2 2024; delivered in shell condition.
    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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