11111 I-35 Frontage Rd Austin, TX 78747
This exceptional 6,136 square foot medical office building, situated on 0.86 acres in Austin's Southeast submarket, presents a unique investment opportunity. The single-story, Class B building, constructed in 1984, features six suites with a total of 21 parking spaces. Currently, 875 square feet of space is vacant, including a readily available 2,000 square foot built-out office/retail space, perfect for immediate occupancy. The property boasts excellent visibility and accessibility, with prominent pylon signage facing IH-35. Its convenient location offers easy access to major transportation arteries, being just 15 minutes from Austin-Bergstrom International Airport and 10 minutes from downtown Austin. The building's 0.16 FAR provides potential for future expansion or redevelopment. This multi-tenant property offers a blend of established medical office space and readily available space, making it an ideal investment for both established businesses and new ventures seeking a prime location in a thriving Austin submarket. The property's strong location and existing infrastructure make it a compelling opportunity for investors seeking a stable and potentially high-growth investment. The available space is move-in ready, minimizing upfront costs and allowing for a quick start to operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.