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4631 Airport Blvd Austin, TX 78751-3453

OFF-MARKET Strip malls Google Maps
47,733 SF 3.66 ac lot Built 1985
Individually Owned 19-yr Hold ~ Est. High Equity
Estimated value (blended)
$805k
Range $725k – $886k (±10%)
Property ID US82-2828640

Property summary

AI-generated overview

This exceptional retail opportunity is located at 4631 Airport Blvd in Austin, Texas, within the Central submarket of Travis County. The Concorde Center, a Class B property built in 1985, offers a total of 48,244 square feet across 19 suites. Currently, 3,801 square feet of contiguous space is available for lease. The building boasts 208 parking spaces for ample customer convenience. The property enjoys excellent visibility and high traffic counts due to its location on Airport Boulevard, a major thoroughfare. Its strategic position across Interstate 35 from the Mueller Development and south of ACC’s Highland Mall redevelopment ensures significant foot and vehicle traffic. The Concorde Center benefits from strong co-tenancy with established local Austin businesses, including a newly opened In-N-Out Burger, further enhancing its appeal and drawing potential customers. This newly renovated space presents a compelling opportunity for businesses seeking a prime retail location in a thriving Austin neighborhood. The zip code is 78751.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction STEEL FRAME
Total area 47,733 SF
Lot 3.66 ac (159,591 SF)
APN 220110401
UPID US82-2828640

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
  • Restaurant
  • Take-out & Catering
  • Vocational School Training Center
  • Training Center
  • Ophthalmologist (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
$997k
Blend (final) Blend
$805k

Owner & transaction history

since 2006
3 recorded transactions
2016
Price N/A
2006
Price N/A
1969
Price N/A

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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