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Property profile & analytics
OFF-MARKET Estimated value $880,000
Commercial real estate

1610 Dungan Ln Austin, TX 78754-4064

20,640 SF 1.93 ac lot Built 2007
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US82-3935968
Property summary
AI-generated overview

This exceptional 20,800-square-foot building offers a unique blend of warehouse and office space, ideal for a variety of businesses. The property features a total of eight individual offices, providing ample space for administrative functions or private work areas. The remaining square footage is dedicated to a large, versatile warehouse area, perfect for storage, manufacturing, or distribution. The entire building benefits from 100% HVAC, ensuring a comfortable and climate-controlled environment year-round. A demising wall runs through the center of the building, creating two distinct sections, each accessible via two framed openings. The warehouse boasts impressive ceiling heights, reaching approximately 25 feet at the peak and 17 feet at the eaves, providing ample vertical space for storage or equipment. Strategically located on the north side of Dungan Lane, just east of Dessau Road, this property offers convenient access to major transportation routes and essential amenities. The single-tenant occupancy presents an excellent opportunity for a business seeking a substantial and well-equipped space to establish or expand its operations. The property is currently 100% vacant, ready for immediate occupancy.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2007
Total area 20,640 SF
Lot 1.93 ac (83,892 SF)
APN 237230112
UPID US82-3935968
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
  • Fortis Solutions Group (Bike/Boat/Book/etc) Store Printing Service
  • Otro Taller Recomendado Por Jesus Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$710k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$880k
Owner & transaction history
Marj Real Estate Investments LLC · 12 yrs held
Marj Real Estate Investments LLC
since 2013
7 recorded transactions
2013
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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