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2700 Pecan St Pflugerville, TX 78660-3199

OFF-MARKET Strip malls Google Maps
86,548 SF 7.88 ac lot Built 1985
Entity Owned 4-yr Hold ~ Est. High Equity
Estimated value (blended)
$1.21M
Range $1.09M – $1.33M (±10%)
Property ID US82-1871428

Property summary

AI-generated overview

Three Points Plaza, a single-story, 89,467 square foot retail center, presents a compelling investment opportunity in Austin's Far Northeast submarket. Built in 1984 and extensively renovated in 2014, this Class C property boasts 26 suites, currently 100% occupied, offering immediate cash flow. Situated on a 7.78-acre lot with a 0.26 FAR, the center provides ample parking with 400 spaces. Its strategic location at the lighted intersection of W Pecan Street and Central Commerce ensures high visibility and accessibility, benefiting from over 35,000 vehicles passing daily. The property features prominent pylon signage and enjoys easy access to IH-35. The center is zoned within the Austin ETJ and currently houses established tenants including WellMed and Planet Fitness, providing a strong tenant mix and a stable income stream. This property offers a rare opportunity to acquire a well-maintained, fully leased retail center in a high-traffic area with significant growth potential. The property's size and location make it ideal for a variety of retail, medical, or office uses.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction CONCRETE
Total area 86,548 SF
Lot 7.88 ac (343,253 SF)
APN 274280703
UPID US82-1871428

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Wedding Service Bakery
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Bar & Pub
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$945k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.48M
Blend (final) Blend
$1.21M

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2016
Price N/A
2016
Price N/A
2012
Price N/A
2010
$5.4M
2005
Price N/A
2004
$10.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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