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Property profile & analytics
FOR LEASE
Office buildings

12601 Metric Blvd Austin, TX 78727

23,040 SF 1.77 ac lot Built 2020
Entity Owned 5-yr Hold Free & Clear
Property ID
US82-3965919
Property summary
AI-generated overview

This exceptional 23,040 square foot, two-story Class B office building, constructed in 2022, offers flexible lease options in Austin, TX. Located at 12601 Metric Blvd (Parmer & Metric), the property features 18,725 square feet of immediately available space, divisible to a minimum of 7,205 square feet, with a maximum contiguous space of 23,040 square feet. The building boasts a 12-foot ceiling height, ample natural light, and a passenger elevator. With 65 parking spaces and premium signage opportunities, this property is ideal for businesses seeking a modern, convenient location. The building is currently a shell, allowing for complete customization to suit individual tenant needs, including medical or traditional office uses. Its prime location offers effortless access to major thoroughfares, and proximity to St. David's North Austin Medical Center (3 minutes), Round Rock Medical Center (10 minutes), and The Domain (3 miles). The zoning is designated for office use, and the 1.775-acre lot provides ample space. This is a rare opportunity to secure a brand-new, highly adaptable office space in a thriving Austin submarket. Three suites are available in this building. The first tenant is currently beginning construction in one of the upper-level suites.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2020
Total area 23,040 SF
Lot 1.77 ac (77,315 SF)
APN 262180528
UPID US82-3965919
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Joash Management Services LLC · 5 yrs held
Joash Management Services LLC
since 2021
2 recorded transactions
2021
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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