Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2007 University Ave Austin, TX 78705

    • Day care centers
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2148020
    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

    • University Christian Church / Protestant Church / Church
    • University High School / High School
    • ATX MetroBike Station / Bicycle Rental Service
    • Girls on the Run / Association Or Organization
    • Keystone Alternative Peer Group / Non-Profit Organization

    Property Details for 2007 University Ave

    Property type
    Day care centers

    Description

    This exceptional 414-square-foot daycare space at 2007 University Ave #207 in Austin, Texas, presents a unique investment opportunity. Located in Travis County, zip code 78705, this special-purpose property is currently configured for a daycare center and offers one available space. The property's central location in downtown Austin provides unparalleled access to major employers including Google, Apple, Amazon, and Dell, ensuring a strong potential client base. The lease includes all utilities, simplifying budgeting and operational management. The flexible layout allows for customization to suit various daycare models, from creative learning environments to active play areas. While currently offering one space, there is potential for expansion with additional spaces available. This turnkey solution is perfect for entrepreneurs seeking a thriving location with minimal upfront costs and maximum convenience. The property is easily accessible and situated within a vibrant and densely populated area, ensuring high visibility and convenient access for parents and children.

    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
    -97.739599655861
    Latitude
    30.283591043289

    Comparable in this City

    • $2,850 /Mo
      1,372 SF

      Luxury Townhomes in North University

      Luxury 1-3 bedroom townhomes in the heart of North University.
      501 W 30Th St, Austin, TX 78705
      View Details
    • $900 /Mo
      1,000 SF

      Room for Rent Near Downtown

      Room for rent near downtown Austin, available August 8th, 2025.
      2200 San Gabriel St, Austin, TX 78705
      View Details
    • $1,295 /Mo

      Furnished Condo in West Campus

      Furnished 1 bed, 1 bath condo in West Campus.
      2502 Leon St, Austin, TX 78705
      View Details
    • $1,195 /Mo
      950 SF

      Duplex Near Hemphill Park

      Duplex with refinished hardwood floors, near campus and amenities.
      2714 Whitis Ave, Austin, TX 78705
      View Details
    • $975 /Mo
      654 SF

      Hyde Park Condo Available 2025

      Updated 1-bedroom condo in Hyde Park, available Fall 2025.
      2703 Swisher St, Austin, TX 78705
      View Details
    • $1,700 /Mo
      1,015 SF

      Condo Near University of Texas

      Charming 2 bed, 2 bath condo near UT Austin.
      2502 Leon St, Austin, TX 78705
      View Details

    Similar Nearby for Sale

    • $1,400,000

      Austin Specialty Property for Sale

      Specialty property available in Austin, Texas.
      408 W 33Rd St, Austin, TX 78705
      View Details
    • Contact for pricing

      Multifamily Development Site Near UT

      Development site near University of Texas at Austin's downtown campus.
      2103 Nueces St, Austin, TX 78705
      View Details
    • $443,900

      Austin Condo Near UT

      Two-level condo with pool access, near UT and Loop 1.
      2502 Leon St, Austin, TX 78705
      View Details
    • $249,000

      West Campus Condo Near UT

      Two-bedroom, two-bath condo near UT with updated kitchen.
      803 W 28Th St, Austin, TX 78705
      View Details
    • $899,000
      2,486 SF

      Austin Duplex Near University of Texas

      Charming 1930s duplex in central Austin, great investment opportunity.
      3211 Liberty St, Austin, TX 78705
      View Details
    • $389,000

      West Campus Condo with Parking

      Two-bedroom condo near UT with gated parking and pool.
      2502 Leon St, Austin, TX 78705
      View Details

    Similar Nearby for Lease

    • $2,850 /Mo
      1,372 SF

      Luxury Townhomes in North University

      Luxury 1-3 bedroom townhomes in the heart of North University.
      501 W 30Th St, Austin, TX 78705
      View Details
    • $900 /Mo
      1,000 SF

      Room for Rent Near Downtown

      Room for rent near downtown Austin, available August 8th, 2025.
      2200 San Gabriel St, Austin, TX 78705
      View Details
    • $1,295 /Mo

      Furnished Condo in West Campus

      Furnished 1 bed, 1 bath condo in West Campus.
      2502 Leon St, Austin, TX 78705
      View Details
    • $1,195 /Mo
      950 SF

      Duplex Near Hemphill Park

      Duplex with refinished hardwood floors, near campus and amenities.
      2714 Whitis Ave, Austin, TX 78705
      View Details
    • $975 /Mo
      654 SF

      Hyde Park Condo Available 2025

      Updated 1-bedroom condo in Hyde Park, available Fall 2025.
      2703 Swisher St, Austin, TX 78705
      View Details
    • $1,700 /Mo
      1,015 SF

      Condo Near University of Texas

      Charming 2 bed, 2 bath condo near UT Austin.
      2502 Leon St, Austin, TX 78705
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2007 University Ave
    Austin, TX 78705
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.