Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1001 Parmer Ln Austin, TX 78753-3563
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1001 Parmer Ln Austin, TX 78753-3563

    View on Map
    • Office buildings
    • 15,988 SF
    • 14.10 lot acres
    Off-Market
    Property ID
    US82-4477008
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,870,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Austin North Area Engineer And Maintenance Office / Construction Company / General Contractor
    • TxDMV Austin Regional Service Center / Department Of Motor Vehicles

    Property Details for 1001 Parmer Ln

    Year built
    2000
    Lot size
    14.10 lot acres
    Property size
    15,988 SF
    Property type
    Office buildings
    APN
    251210212
    APU
    251210212

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,747,000
      Market price range: $354k - $2.75M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,290,000
      COMMERCIAL (GENERAL)
      $1,750,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.6565
    Latitude
    30.3997
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $0.00
    $4,914,962
    $3,438,661
    $8,353,623
    -
    $4,914,962
    $3,438,661
    $8,353,623

    Comparable in this City

    • Value Estimation
      $4,295,000
      103,580 SF

      14850 Harris Rdg Blvd

      OFFICE BUILDING • 103,580 SF
      14850 Harris Rdg Blvd, Austin, TX 78753
      View Details
    • Value Estimation
      $8,540,000
      199,962 SF

      Park 35th Cir

      OFFICE BUILDING • 199,962 SF
      Park 35th Cir, Austin, TX 78753
      View Details
    • Value Estimation
      $960,000
      18,540 SF

      100 Rundberg Ln

      OFFICE BUILDING • 18,540 SF
      100 Rundberg Ln, Austin, TX 78753-4727
      View Details
    • Value Estimation
      $4,225,000
      130,050 SF

      12500 Tech Rdg Blvd

      OFFICE BUILDING • 130,050 SF
      12500 Tech Rdg Blvd, Austin, TX 78753
      View Details
    • Value Estimation
      $550,000
      7,560 SF

      12224 Jourdan Xing Blvd

      OFFICE BUILDING • 7,560 SF
      12224 Jourdan Xing Blvd, Austin, TX 78753-7103
      View Details
    • Value Estimation
      $2,410,000
      58,264 SF

      9504 Interstate 35

      OFFICE BUILDING • 58,264 SF
      9504 Interstate 35, Austin, TX 78753-3702
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,225 SF

      Medical Office Condo For Sale

      Stabilized medical office condo in rapidly growing North Austin.
      1139 W Braker Ln, Austin, TX 78753
      View Details
    • Contact for pricing
      17,000 SF

      North Austin Warehouse/Showroom Opportunity

      17,000 SF warehouse/showroom on 1.02 acres for sale.
      11104 N Lamar Blvd, Austin, TX 78753
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      12431 Tech Ridge Blvd, Austin, TX 78753
      View Details
    • Contact for pricing
      48,686 SF

      Warehouse with Truck Repair Bay

      Fenced warehouse with dock doors and truck repair bay.
      9807 Middle Fiskville Rd, Austin, TX 78753
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      176,214 SF

      West Parmer Lane Office Space

      Office space available for rent on West Parmer Lane.
      West Parmer Ln, Austin, TX 78753
      View Details
    • Contact for pricing
      100,000 SF

      Austin Office Space Available

      100000 sqft office space for rent in Austin, TX.
      78753 Usa, Austin, TX 78753
      View Details
    • $22 SF/Yr
      68,133 SF

      Class A Office Space

      Three-story Class A office building with ample parking and amenities.
      13011 Center Lake Dr, Austin, TX 78753
      View Details
    • Contact for pricing
      386,367 SF

      Austin Office Building For Rent

      Office building with 386,367 square feet available for rent.
      12931 Parmer Ridge Dr, Austin, TX 78753
      View Details
    • Contact for pricing

      Office Space Near Innovation District

      Office space available across from Parmer Innovation District.
      717 E Parmer Ln, Austin, TX 78753
      View Details
    • Contact for pricing
      69,003 SF

      Tech Ridge Office Sublease

      Full-building office sublease in Tech Ridge area.
      13011 Mccallen Pass, Austin, TX 78753
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1001 Parmer Ln
    Austin, TX 78753-3563
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!