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Property profile & analytics
FOR LEASE
Outlet malls

1030 Norwood Park Blvd Austin, TX 78753

223,072 SF 31.27 ac lot Built 1994
Entity Owned 6-yr Hold Free & Clear
Property ID
US82-0340258
1030 Norwood Park Blvd, Austin, TX 78753 For Lease
$5,500,000 4,200 SF available
1030 Norwood Park Blvd, Austin, TX 78753
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Property summary
AI-generated overview

This exceptional retail opportunity presents 5,700 square feet of vacant space within Norwood Plaza, located at 1030 Norwood Park Blvd, Austin, TX 78753, in Travis County. The property is classified as Commercial Shop space with multiple tenancy options. The entire 5,700 square feet is currently available for lease, offering significant flexibility for businesses seeking a prominent Austin location. Individual spaces can be leased with a minimum of 1,500 square feet, while the maximum contiguous space available is 4,200 square feet. This allows for adaptability to various business needs and expansion plans. The property's strategic location in Austin provides excellent visibility and accessibility, making it an ideal choice for retailers seeking a thriving market. The address is easily accessible and situated within a well-established commercial area. This presents a unique chance to establish or expand a business in a high-traffic location within a desirable Austin neighborhood. Interested parties are encouraged to inquire about lease terms and availability. The property is ready for immediate occupancy. Don't miss this chance to secure a prime retail space in Austin's dynamic market.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1994
Construction CONCRETE
Total area 223,072 SF
Lot 31.27 ac (1,362,208 SF)
APN 233180411
UPID US82-0340258
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
Current use
Occupant on record · Public records
  • Walmart Baby & Nursery Services Social Service Agency Community Center
  • Glitter Nails Spa Nail Salon
  • Total by Verizon Mobile Phone Store Electronics & Wireless Store
  • Da-Vi Nails Hair Salon Nail Salon
  • Quick-Tag (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.50M
Owner & transaction history
Housing Authority Of The City & Aus · 6 yrs held
Housing Authority Of The City & Aus
since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2016
Price N/A
2006
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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