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Property profile & analytics
FOR SALE
Strip malls
1700 Montopolis Dr Austin, TX 78741
Entity Owned
11-yr Hold
Free & Clear
Property ID
US82-4455283
For Sale
1 / 2
$1,750,000
1700 Montopolis Dr, Austin, TX 78741
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1971
Construction
CONCRETE
Total area
4,118 SF
Lot
0.2 ac (8,581 SF)
APN
308140515
UPID
US82-4455283
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
-
Cetec ERP (Bike/Boat/Book/etc) Store Corporate Office
-
Cafe Nena'i Cafe & Coffee Shop
-
Chill Outpatient Services Medical Clinic
-
Arbour Aesthetics Hair Salon Nail Salon
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
1700 Montopolis LLC · 11 yrs held
1700 Montopolis LLC
since 2015
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 Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin 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
Tax billed
$11,792
Tax year 2022
Assessed value
$621,684
Assessed 2023
Previous assessed
$621,684
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$120,138
Assessed improvement
$501,546
Land market value
$120,138
Improvement market value
$501,546
Total market value
$621,684
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 Sale
Year built
1971
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
4,118 SF
Lot
0.2 ac (8,581 SF)
APN
308140515
UPID
US82-4455283
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
1971
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
1700 Montopolis LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 1ST 1, DRIPPING SPRINGS, TX 78620-0001
Ownership since
2015
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
Dec 19, 2016
—
1700 Montopolis LLC
—
Deed
related
$824,000 · Horizon Bk Ssb
May 18, 2015
—
1700 Montopolis LLC
Cruz Jose B & Alba L
Warranty Deed
—
Nov 26, 2014
—
Jose B Cruz
—
Trustees Deed
related
$40,000 · Majid Hemmasi
Oct 3, 2012
—
Jose B Cruz
—
Trustees Deed
related
$15,600 · Majid Hemmasi
Dec 21, 1995
—
Jose B Cruz
Owner Name Unavailable
Grant Deed
related
—
—
—
Jose B Cruz
—
Deed Of Trust
related
$48,500 · C A Smith Trustee
—
—
1700 Montopolis LLC
—
Deed Of Trust
related
$450,000 · Horizon Bk Ssb
—
—
1700 Montopolis LLC
—
Deed Of Trust
related
$824,000 · Horizon Bk Ssb
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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