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Property profile & analytics
FOR LEASE
Strip malls

107 Ranch Road 620 S Austin, TX 78734

18,766 SF 2.24 ac lot Built 1985
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US82-2043136
Property summary
AI-generated overview

This exceptional 1,000-square-foot executive office suite, located at 107 Ranch Rd 620 in Lakeway, Texas, presents a unique leasing opportunity. Situated in the desirable Southwest Austin submarket, this single-tenant space boasts a prime location with easy access to major roadways. The property, originally constructed in 1985, underwent a complete renovation in 2023, ensuring modern amenities and a fresh, updated aesthetic. The building's zoning is designated GR. The suite is ideal for businesses seeking a sophisticated and functional workspace. With its 1,000 square feet of entirely vacant space, the property offers immediate occupancy. The property type is listed as Retail and Office, but the subtype is specifically Executive Office, making it perfect for professional services or corporate offices. The address is 107 Ranch Rd 620, Lakeway, TX 78734. This turnkey solution eliminates the need for extensive renovations, allowing businesses to focus on operations rather than construction. The property's location in the Southwest Austin submarket offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic location. The complete renovation in 2023 ensures modern features and finishes, providing a professional and comfortable environment for employees. This is a rare opportunity to secure a fully renovated, single-tenant office space in a highly sought-after location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction STEEL FRAME
Total area 18,766 SF
Lot 2.24 ac (97,657 SF)
APN 141660933
UPID US82-2043136
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
$728k
Blend (final) Blend
$560k
Owner & transaction history
Tiliman Self Storage INC · 4 yrs held
Tiliman Self Storage INC
since 2022
3 recorded transactions
2022
Price N/A
2014
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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