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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Medical Office Space
2901 Shields Dr Austin, TX 78727-3128
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-7932026
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2019
Total area
4,920 SF
Lot
0.96 ac (41,818 SF)
APN
266130315
UPID
US82-7932026
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
-
Eyes of Texas Laser Center: L Shawn Wong M.D Ophthalmologist
-
Dr. Alfred Sundqvist Alternative Medicine Practice
-
TARA JEAN MAHAR MORRIS Alternative Medicine Practice
-
Dr. Tara Mahar Morris Alternative Medicine Practice
-
Airrosti North Shields Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$492k
Blend (final)
Blend
$530k
Owner & transaction history
Cs Vista LLC · 6 yrs held
Cs Vista LLC
since 2020
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$705,000
+103.3%
Commercial (general)
$605,000
+75.0%
Retail stores
$475,000
+36.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$345,000
Current use
AUTO REPAIR, GARAGE
$705,000
Change: +103% · Conversion: Difficult
COMMERCIAL (GENERAL)
$605,000
Change: +75% · Conversion: Easy
RETAIL STORES
$475,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$108 / SF
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
$48,946
Tax year 2022
Assessed value
$3,025,000
Assessed 2024
Previous assessed
$2,627,100
+15.1% YoY
Effective rate
1.62%
On assessed value
Assessed land
$533,174
Assessed improvement
$2,491,826
Land market value
$533,174
Improvement market value
$2,491,826
Total market value
$3,025,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2019
Heating
NONE
Stories
1
Total area
4,920 SF
Lot
0.96 ac (41,818 SF)
APN
266130315
UPID
US82-7932026
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$345,000
AUTO REPAIR, GARAGE
Est. value
$705,000
COMMERCIAL (GENERAL)
Est. value
$605,000
RETAIL STORES
Est. value
$475,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Cs Vista LLC
Entity
Mailing address
5801 STANDING ROCK DR, AUSTIN, TX 78730-2862
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2020
—
Cs Vista LLC
—
Deed
related
$1,300,000 · Randolph Brooks FCU
Jun 4, 2020
—
Cs Vista LLC
—
Deed
related
$1,300,000 · Randolph Brooks FCU
—
—
Cs Vista LLC
—
Loan Modification
related
$1,300,000 · Randolph Brooks FCU
—
—
Cs Vista LLC
—
Loan Modification
related
$1,300,000 · Randolph Brooks FCU
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.
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