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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Office buildings
320 Congress Ave Austin, TX 78701-4024
Entity Owned
5-yr Hold
Free & Clear
Property ID
US82-3499601
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
CONCRETE
Total area
15,004 SF
Lot
0.17 ac (7,362 SF)
APN
205020105
UPID
US82-3499601
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
-
CarStory by Vast Car Dealership
-
Vast Corporate Office
-
Jos A. Bank Clothing & Fashion Store
-
AUSTINDEEP- Downtown Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Karlin 320 Congress LLC · 5 yrs held
Karlin 320 Congress LLC
since 2021
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
$53 / 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
Assessed value
$5,726,112
Assessed 2023
Previous assessed
$5,726,112
+0.0% YoY
Assessed land
$3,680,000
Assessed improvement
$2,046,112
Land market value
$3,680,000
Improvement market value
$2,046,112
Total market value
$5,726,112
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
Off-Market
Year built
1900
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
15,004 SF
Lot
0.17 ac (7,362 SF)
APN
205020105
UPID
US82-3499601
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
1900
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Karlin 320 Congress LLC
Entity
Free & Clear · 5 yrs held
Mailing address
KOPPEL CONGRESS AVE STE BLDG #320, AUSTIN, TX 78701
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
—
Karlin 320 Congress LLC
Atx Debt Fund 2 LLC
Special Warranty Deed
—
Sep 10, 2020
—
World Class Acquisitions LLC
Hospital Housekeeping Systems
Correction Deed
related
—
Jul 9, 2018
—
Wc 320 Congress LLC
—
Loan Modification
related
$47,614,000 · Ladder Cap Fin
May 14, 2018
—
World Class Acquisitions LLC
Hospital Housekeeping Systems
Grant Deed
—
Jun 9, 2017
—
Hospital Housekeeping Systems
—
Grant Deed
related
$35,000,000 · Frost Bk
Jul 17, 2002
—
Hospital Housekeeping Systems
Herndon,h D & Dealey D
Grant Deed
$2,160,000 · Cnl Commercial Finance INC
—
—
Hospital Housekeeping Systems
—
Deed Of Trust
related
$11,250,000 · Frost Bk
—
—
Hospital Housekeeping Systems
—
Loan Modification
related
$8,750,000 · Frost Bk
—
—
Hospital Housekeeping Systems
—
Deed Of Trust
related
$1,890,925 · Frost National Bank
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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