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Property profile & analytics
FOR LEASE
Office buildings

1017 Ranch Road 620 S Lakeway, TX 78734

9,292 SF 0.37 ac lot Built 1985
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US82-3520686
Property summary
AI-generated overview

This exceptional two-story, 9,200 square foot Class B office building, located at 1017 Ranch Rd 620 S in Lakeway, Texas 78734, offers a diverse range of office spaces to suit various business needs. The property features 14 suites, with a minimum divisible space of 194 square feet and the possibility of leasing the entire 9,200 square feet contiguously. Built in 1985 and extensively renovated in 2022, the building boasts updated amenities including fresh paint, new signage, improved landscaping, restriped parking, a new mailbox, a modern security system, upgraded parking lot lighting, and completely remodeled bathrooms and kitchen with new appliances. The building's prime location offers easy access to Highway 620 at a well-lit intersection, providing convenient access to nearby Lakeway neighborhoods and retail establishments. The property is ideal for businesses seeking traditional office space, executive suites, coworking arrangements, creative office environments, or medical offices. All utilities and Wi-Fi are included in the lease. This is a multi-tenant building situated in Travis County.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1985
Total area 9,292 SF
Lot 0.37 ac (16,056 SF)
APN 135700407
UPID US82-3520686
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tillman Self Storage INC · 2 yrs held
Tillman Self Storage INC
since 2024
6 recorded transactions
2024
Price N/A
2022
Price N/A
2010
Price N/A
2006
$300,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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