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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1901 William Cannon Dr Austin, TX 78744-3407

2,886 SF 0.92 ac lot Built 1997
Entity Owned 12-yr Hold Free & Clear
Property ID
US82-4063492
Property summary
AI-generated overview

Towne Square, located at 1901 W William Cannon Dr in Austin, Texas (zip code 78745), offers exceptional retail and restaurant opportunities within a thriving shopping center. This Travis County property boasts a total of 18,118 square feet, with 14,761 square feet currently vacant and available for lease. The center underwent renovations in 2018, ensuring modern and attractive spaces for tenants. Units range in size from a minimum of 795 square feet to a maximum contiguous space of 5,000 square feet, providing flexibility for businesses of various scales. The property's multiple tenancy structure creates a vibrant and synergistic environment, attracting a diverse customer base. Its prime location in Austin offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and strong brand exposure. The property is categorized as a shopping center, providing a convenient and attractive shopping experience for customers. This is a unique opportunity to establish or expand your business in a well-maintained and highly visible location within a bustling Austin community. The property's address is easily accessible via major roadways, ensuring convenient access for both customers and employees. The available space presents a compelling opportunity for businesses seeking a prominent presence in a thriving Austin market.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1997
Construction STEEL FRAME
Total area 2,886 SF
Lot 0.92 ac (39,988 SF)
APN 423060231
UPID US82-4063492
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
  • i.d. SPOT (Bike/Boat/Book/etc) Store Pet Store & Service
  • Towne Square Shopping Center & Mall
  • Branyon Dental Office
  • Dhanish Patel Dental Office
  • Lane Dental of South Austin Dental Office
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
7-eleven INC · 12 yrs held
7-eleven INC
since 2014
3 recorded transactions
2014
Price N/A
2012
Price N/A
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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