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Property profile & analytics
OFF-MARKET Estimated value $2,595,000
Warehouses

2215 Grand Ave Pkwy Austin, TX 78728-3812

81,682 SF 7 ac lot Built 1991
Individually Owned 24-yr Hold Free & Clear
Property ID
US82-2794632
Property summary
AI-generated overview

This exceptional 81,681-square-foot industrial property, located at 2215 Grand Ave Pkwy in Austin, Travis County, Texas, 78728, presents a unique opportunity for businesses seeking flexible, high-quality space. The property is classified as flex and R&D space, ideal for a variety of uses. The building features a combination of warehouse/lab space (65%) and office space (35%), offering versatility for diverse operational needs. The warehouse area boasts impressive ceiling heights ranging from 18 to 20 feet, providing ample room for storage and equipment. Loading and unloading are facilitated by one loading dock, two dock-high doors, and one ramp, ensuring efficient logistics. The property also benefits from the availability of heavy power, a crucial asset for many industrial and research-intensive operations. A virtual tour is available online for a comprehensive preview of the space. This property is for sale and represents a significant investment opportunity in a thriving Austin location. The property's strategic location in Austin, Texas offers easy access to major transportation routes, a skilled workforce, and a vibrant business environment. This well-appointed facility is ready for immediate occupancy and presents a compelling opportunity for businesses seeking to establish or expand their operations in this dynamic market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1991
Construction CONCRETE
Total area 81,682 SF
Lot 7 ac (304,907 SF)
APN 276230701
UPID US82-2794632
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
  • Thermo Fisher Scientific Corporate Office
  • Becton Enterprises Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.60M
Owner & transaction history
Thermo Instrument Controls · 24 yrs held
Thermo Instrument Controls
since 2001
2 recorded transactions
2024
Price N/A
2001
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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