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

    4100 E 51St St Austin, TX 78751

    • Medical Office Space
    • 8,000 SF
    • 1.45 lot acres
    For Lease
    View listing
    Last Sale
    Aug 17, 2020
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9725454
    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

    • Walton Family Dentistry / Dental Office
    • Dr. Danelle Walton / Dental Office

    Property Details for 4100 E 51St St

    Year built
    2022
    Lot size
    1.45 lot acres
    Property size
    8,000 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    215210149
    APU
    215210149

    Description

    This exceptional 8,000-square-foot, single-story building, constructed in 2023, offers a prime opportunity for businesses seeking versatile space in Austin, Texas. Located at 4100 E 51st St, zip code 78723, this property features 4,599 square feet of immediately available space, divisible into units as small as 1,000 square feet, with a maximum contiguous space of 4,599 square feet. The building boasts a total of 47 parking spaces, catering to both tenants and clients. Its location within a thriving area, surrounded by over 20,000 households within a two-mile radius, provides excellent access to a substantial customer base. The property is ideally situated near major transportation arteries, including I-35, Hwy 290, and Hwy 183, ensuring convenient commutes. Its proximity to Mueller, Dell Children's Hospital, The University of Texas, and Austin's Central Business District further enhances its appeal. The area offers a vibrant lifestyle with easy access to dining, farmers' markets, outdoor activities, and live music. This property is perfect for medical offices, traditional office spaces, executive suites, or boutique retail businesses. The 1.45-acre lot provides ample space and potential for future expansion. This is a rare opportunity to establish a presence in one of Austin's most dynamic and rapidly growing areas.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $565,000
      Current use
      COMMERCIAL (GENERAL)
      $845,000
      Change: +49% Conversion: Easy
      RESTAURANT
      $795,000
      Change: +41% Conversion: Difficult
      RETAIL STORES
      $630,000
      Change: +12% Conversion: Difficult
      OFFICE BUILDING
      $580,000
      Change: +3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.6789
    Latitude
    30.2935
    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
    $0.00
    $2,531,707
    $1,862,563
    $4,394,270
    -
    $2,531,707
    $1,862,563
    $4,394,270

    Comparable in this City

    • Value Estimation
      $530,000
      13,821 SF

      3601 Mnr Rd

      MEDICAL BUILDING • 13,821 SF
      3601 Mnr Rd, Austin, TX 78723-5816
      View Details
    • Value Estimation
      $3,565,000
      126,500 SF

      1401 Philomena St

      MEDICAL BUILDING • 126,500 SF
      1401 Philomena St, Austin, TX 78723-3574
      View Details
    • Value Estimation by Request
      1,800 SF

      5608 Mnr Rd

      MEDICAL BUILDING • 1,800 SF
      5608 Mnr Rd, Austin, TX 78723-4731
      View Details
    • Value Estimation by Request
      5,130 SF

      1900 Tillery St

      MEDICAL BUILDING • 5,130 SF
      1900 Tillery St, Austin, TX 78723
      View Details
    • Value Estimation by Request
      4,200 SF

      1928 Gaston Pl Dr

      MEDICAL BUILDING • 4,200 SF
      1928 Gaston Pl Dr, Austin, TX 78723-2658
      View Details
    • Value Estimation by Request
      6,317 SF

      7333 Hwy 290

      MEDICAL BUILDING • 6,317 SF
      7333 Hwy 290, Austin, TX 78723-1526
      View Details

    Similar Nearby for Sale

    • $1,100,000
      1,451 SF

      Austin Executive Office Building

      Prime Austin location, 1,451 SF office.
      1302 51St St, Austin, TX 78723
      View Details
    • Contact for pricing
      2,260 SF

      Mueller Town Center Commercial Space

      Ground-floor commercial space with premier visibility in Mueller Town Center.
      1808 Simond Ave, Austin, TX 78723
      View Details
    • Contact for pricing
      23,916 SF

      Austin Office Building - 1.39 Acres

      Prime East Austin office building, development potential.
      6600 Manor Rd, Austin, TX 78723
      View Details
    • Contact for pricing
      5,000 SF

      Austin Executive Office Space

      Mueller District Retail/Office Opportunity
      3900 Berkman Dr, Austin, TX 78723
      View Details
    • Contact for pricing
      13,538 SF

      Office Building in Mueller Area

      Office building with development potential near East Austin amenities.
      3601 Manor Rd, Austin, TX 78723
      View Details
    • Contact for pricing
      23,916 SF

      Office Building on Corner Lot

      23,916 SF office building on 1.39 AC corner lot.
      6600 Manor Rd, Austin, TX 78723
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      660 SF

      Office, Office/Warehouse, and Flex Space

      Office, office/warehouse, and flex space with highway access.
      6448 Highway 290 E, Austin, TX 78723
      View Details
    • Contact for pricing
      37,511 SF

      New Mueller Business District Office

      New office space in Mueller Business District with modern amenities.
      4901 Mueller Blvd, Austin, TX 78723
      View Details
    • $27 SF/Yr
      2,711 SF

      Austin Office Space For Rent

      2711 square feet of office space available for lease.
      1610 Wheless Ln, Austin, TX 78723
      View Details
    • Contact for pricing
      17,134 SF

      Office Space Available For Rent

      Office space available for rent in Austin, TX.
      4700 Mueller Blvd, Austin, TX 78723
      View Details
    • $4,000 /Mo
      1,185 SF

      Office Space Available For Rent

      Office space for rent, 1185 square feet.
      5812-5816 Berkman Dr, Austin, TX 78723
      View Details
    • $42 SF/Yr
      5,000 SF

      Austin Executive Office Suites

      Prime Austin Office Space: 3 Suites Available
      3900 Berkman Dr, Austin, TX 78723
      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.
    4100 E 51St St
    Austin, TX 78751
    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!