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Property profile & analytics
FOR LEASE
Office buildings
2207 West Parmer Ln Austin, TX 78727
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-4576336
For Lease
1 / 30
$22 SF/Yr
2207 West Parmer Ln, Austin, TX 78727
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Construction
WOOD FRAME
Total area
2,120 SF
Lot
0.31 ac (13,351 SF)
APN
262161005
UPID
US82-4576336
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
-
EXCELLENT ROOFING Roofing Company General Contractor
-
ORCHID HOMES Construction Company General Contractor
-
lodging Hotel & Motel Bed & Breakfast
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
Mmk Ventures LLC · 5 yrs held
Mmk Ventures LLC
since 2020
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
$11,911
Tax year 2022
Assessed value
$536,240
Assessed 2023
Previous assessed
$603,123
-11.1% YoY
Effective rate
2.22%
On assessed value
Assessed land
$267,000
Assessed improvement
$269,240
Land market value
$267,000
Improvement market value
$269,240
Total market value
$536,240
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1972
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Bathrooms
2
Total area
2,120 SF
Lot
0.31 ac (13,351 SF)
APN
262161005
UPID
US82-4576336
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
1972
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
Mmk Ventures LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2207 W PARMER LN, AUSTIN, TX 78727-4331
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2020
—
Mmk Ventures LLC
Austin Baptist Assn INC
Grant Deed
related
—
May 22, 2020
—
Zenaida Mejia
Mmk Properties LLC
Warranty Deed
related
—
Dec 29, 2017
—
Mkm Ventures LLC
Sam Builders LLC
Warranty Deed
—
Jun 5, 2012
—
Sam Builders LLC
Horton,doris Ann
Warranty Deed
$270,000 · Liberty Bank Ssb
May 22, 2009
—
Jerry Horton
John E Horton
Intrafamily Transfer
related
$189,500 · Plainscapital Bank
Jun 6, 2002
—
John E Horton
Capital Pacific Holdings LLC
Grant Deed
$98,900 · Pnb Financial Bank
—
—
John E Horton
—
Deed Of Trust
related
$50,000 · Plains Capital Bank
—
—
John E Horton
—
Deed Of Trust
related
$8,002 · Genesis Tax Loan Services
—
—
John E Horton
—
Deed Of Trust
related
$14,571 · Genesis Tax Solutions INC
—
—
John E Horton
—
Deed Of Trust
related
$20,462 · Genesis Tax Solutions 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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