Add Listing
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

    2608 Brockton Dr Austin, TX 78758-4414

    • Medical Office Space
    • 16,678 SF
    • 2.28 lot acres
    OFF-MARKET
    Value Estimations
    $1,805,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-1514699
    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

    • Teresa Lynn Chavez, MD / Physician
    • Shema Riaz Ahmad, MD / Physician
    • Catherine Mai Pham, MD / Physician / Medical Clinic
    • Leticia Castillo Kontak, MD / Physician
    • Ashley Oved / Alternative Medicine Practice / Acupuncture

    Property Details for 2608 Brockton Dr

    Year built
    1984
    Lot size
    2.28 lot acres
    Property size
    16,678 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    254080209
    APU
    254080209

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,598,000
      Market price range: $413k - $1.90M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,175,000
      Current use
      AUTO REPAIR, GARAGE
      $2,390,000
      Change: +103% Conversion: Difficult
      RESTAURANT
      $1,690,000
      Change: +44% Conversion: Difficult
      OFFICE BUILDING
      $1,510,000
      Change: +28% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7203
    Latitude
    30.3934
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $140,921
    $8,946,353
    $890,400
    $9,836,753
    -
    $8,946,353
    $890,400
    $9,836,753

    Comparable in this City

    • Value Estimation by Request
      8,170 SF

      12200 Renfert Wayg1

      MEDICAL BUILDING • 8,170 SF
      12200 Renfert Wayg1, Austin, TX 78758-5653
      View Details
    • Value Estimation
      $1,095,000
      25,466 SF

      12200 Renfert Way Ste, Unit 100

      MEDICAL BUILDING • 25,466 SF
      12200 Renfert Way Ste, Austin, TX 78758-5654
      View Details
    • Value Estimation by Request
      3,980 SF

      822 Fairfield Dr

      MEDICAL BUILDING • 3,980 SF
      822 Fairfield Dr, Austin, TX 78758-7424
      View Details
    • Value Estimation
      $820,000
      6,510 SF

      12180 Mopac Expy

      MEDICAL BUILDING • 6,510 SF
      12180 Mopac Expy, Austin, TX 78758-2909
      View Details
    • Value Estimation
      $1,600,000
      49,074 SF

      1210 Braker Ln

      MEDICAL BUILDING • 49,074 SF
      1210 Braker Ln, Austin, TX 78758-3801
      View Details
    • Value Estimation
      $6,970,000
      69,523 SF

      12201 Renfert Way

      MEDICAL BUILDING • 69,523 SF
      12201 Renfert Way, Austin, TX 78758-5354
      View Details

    Similar Nearby for Sale

    • $11,100,000
      20,000 SF

      Austin Medical Office Building Investment

      High-yield medical office building in prime Austin location.
      2200 Park Bend Dr, Austin, TX 78758
      View Details
    • $1,125,000

      Medical Office Condo Near Domain

      Second-generation medical office condo in a prime North Austin location.
      12319 North Mo Pac Expy, Austin, TX 78758
      View Details
    • Contact for pricing
      20,000 SF

      Medical Investment Property For Sale

      100% occupied medical investment property in North Austin Medical Corridor.
      2200 Park Bend Dr, Austin, TX 78758
      View Details
    • Contact for pricing
      1,018 SF

      Freestanding Taco Shack in Northlake

      Absolute net lease Taco Shack with rental increase.
      12439 Metric Blvd, Austin, TX 78758
      View Details
    • $6,995,000
      21,900 SF

      Austin Multifamily Portfolio

      20-unit, 5-building complex, high NOI.
      8905 Tronewood Dr, Austin, TX 78758
      View Details
    • Contact for pricing
      15,021 SF

      Austin Warehouse Redevelopment Opportunity

      15,021 SF Warehouse, Prime Location
      825-901 Kramer Ln, Austin, TX 78758
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      112,445 SF

      Medical Office Space for Lease

      Medical office space available on St. David’s North Austin campus.
      12221 Renfert Way, Austin, TX 78758
      View Details
    • Contact for pricing
      1,637 SF

      Office/Medical Office Space For Rent

      1,637 SF office/medical space with flexible layout and parking.
      12414 Alderbrook Dr, Austin, TX 78758
      View Details
    • Contact for pricing
      110,400 SF

      Medical Offices in North Austin

      Medical office space available on St. David's North campus.
      12201 Renfert Way, Austin, TX 78758
      View Details
    • Contact for pricing
      230,000 SF

      Rutland Drive Austin Office Space

      Prime Austin office/flex space available.
      2112 Rutland Dr, Austin, TX 78758
      View Details
    • Contact for pricing
      60,935 SF

      Creative Office Space Near Domain

      Value office opportunity in North Austin, near The Domain.
      1824 Kramer Ln, Austin, TX 78758
      View Details
    • Contact for pricing
      27,830 SF

      Industrial Space with Cross Dock

      27,830 SF industrial space featuring cross-dock loading.
      3206 Industrial Ter, Austin, TX 78758
      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.
    2608 Brockton Dr
    Austin, TX 78758-4414
    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.
    Sign Up Successful!
    You now have access to more from Realmo!