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Property profile & analytics
FOR LEASE
Strip malls
1620 Grand Avenue Pkwy, Pflugerville, TX 78660
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-1413630
For Lease
1 / 3
Contact for pricing
1620 Grand Avenue Pkwy, Pflugerville, TX 78660
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Total area
13,942 SF
Lot
2 ac (87,120 SF)
APN
276280304
UPID
US82-1413630
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
-
Beckwith Electronic Engrng Co Security Service
-
Cadence Bank Bank Loan Service
-
Edward Ortiz Physician
-
Dean Mitchell Insurance Agency Insurance Agency
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
Adlakha Investments INC · 1 yrs held
Adlakha Investments INC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Pflugerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pflugerville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$2,599,500
Assessed 2023
Previous assessed
$2,520,000
+3.2% YoY
Assessed land
$696,960
Assessed improvement
$1,902,540
Land market value
$696,960
Improvement market value
$1,902,540
Total market value
$2,599,500
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2009
Heating
NONE
Stories
1
Total area
13,942 SF
Lot
2 ac (87,120 SF)
APN
276280304
UPID
US82-1413630
Jurisdiction
TRAVIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Adlakha Investments INC
Entity
Free & Clear · 1 yrs held
Mailing address
2027 S 61ST ST STE #104, TEMPLE, TX 76504-6856
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2024
—
Adlakha Investments INC
Fsbt Properties INC
Special Warranty Deed
—
Apr 12, 2013
—
Bush Tree LP
Boose,timothy D
Warranty Deed
related
—
Jun 19, 2012
—
Ek2 Properties Tulsa LLC
Boose,timothy D
Grant Deed
$2,387,700 · Citizens Bk/ok
Dec 8, 2010
—
Fsbt Props INC
Owner Name Unavailable
Grant Deed
related
—
Nov 30, 2010
—
Timothy D Boose
First St Bk Of Ctrl Tx
Grant Deed
related
—
Nov 18, 2010
—
First St Bk Of Ctrl Tx
Rasner Blake
Trustees Deed
related
—
Nov 12, 2010
—
First St Bk Of Ctrl Tx
Rasner Blake
Trustees Deed
related
—
Aug 25, 2008
—
Fsb At Grand Avenue LLC
Grand Avenue Center II LLC
Quit Claim Deed
$2,800,000 · Fsbt Properties INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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