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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13717 Burnet Rd Austin, TX 78758

    • Strip malls
    • 17,121 SF
    • 2.41 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Last Sale
    Apr 17, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4153398
    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.

    Current Use by Public Records

    • Kasian Krab / Restaurant
    • Ghost Hookah Lounge / Bar & Pub / (Bike/Boat/Book/etc) Store
    • 512 FURNITURE / Furniture & Home Goods / Home Decor Store
    • Four Aces Social Club / Community Center
    • REVOLT / Training Center

    Property Details for 13717 Burnet Rd

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    2.41 lot acres
    Property size
    17,121 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    270160408
    APU
    270160408

    Description

    The Shops at Wells Branch offers exceptional retail and restaurant opportunities in Austin, Texas. This prime location at 13717 Burnet Rd, in Travis County, boasts a total of 93,119 square feet of commercial space within a multi-tenant building. Two suites are currently available, providing flexible options for businesses seeking a presence in this thriving area. Each suite offers a minimum of 2,000 square feet and a maximum contiguous space of 2,355 square feet, perfect for a variety of retail concepts or restaurants. A total of 4,355 square feet is currently vacant and ready for immediate occupancy. The property features ample parking, ensuring convenient access for customers and employees. This is an excellent opportunity to establish or expand your business in a high-traffic area of Austin, with easy access to major roadways and a strong local customer base. The property is categorized as Commercial and is zoned for Retail and Restaurant uses. The zip code is 78727. Don't miss this chance to secure your space in this desirable Austin location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.6979
    Latitude
    30.4379
    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
    $62,960
    $1,419,863
    $1,722,137
    $3,142,000
    -
    $1,419,863
    $1,722,137
    $3,142,000

    Comparable in this City

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      12221 Riata Trce Pkwy

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    • Value Estimation
      $740,000
      56,324 SF

      13801 Burnet Rd

      SHOPPING CENTER, STRIP CENTER • 56,324 SF
      13801 Burnet Rd, Austin, TX 78727-1284
      View Details
    • Value Estimation
      $525,000
      22,842 SF

      12406 Amherst Dr

      SHOPPING CENTER, STRIP CENTER • 22,842 SF
      12406 Amherst Dr, Austin, TX 78727
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    • Value Estimation by Request
      7,464 SF

      1800 Scofield Rdg Pkwy

      SHOPPING CENTER, STRIP CENTER • 7,464 SF
      1800 Scofield Rdg Pkwy, Austin, TX 78727-6395
      View Details
    • Value Estimation by Request
      4,234 SF

      12505 Rampart St

      SHOPPING CENTER, STRIP CENTER • 4,234 SF
      12505 Rampart St, Austin, TX 78727-4425
      View Details

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    Similar Nearby for Lease

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      Retail space anchored by H-E-B, strategic location, diverse tenants.
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      High-Visibility Retail Space Available

      Retail space with high visibility in a densely populated area.
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      Retail spaces available near major Austin employers and medical center.
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    • $24 SF/Yr
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      Retail Space on Parmer Lane

      Retail space available for lease on West Parmer Lane.
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      View Details
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    13717 Burnet Rd
    Austin, TX 78758
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    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
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