5101 Hidden Crk Ln Spicewood, TX 78669-6951
This exceptional office building, situated on a spacious 3.54-acre lot in the desirable Spicewood, TX location, presents a unique investment opportunity. The property boasts approximately 16,179 square feet of high-quality office space, meticulously finished with premium materials. Features include attractive pavers in the parking lot, a convenient covered parking structure, and elegant stained wood baseboards throughout. The building's design incorporates a first-floor laboratory and HVAC warehouse, complete with a convenient grade-level loading door, catering to a variety of business needs. Beyond the existing structure, the expansive lot offers significant potential for future development. There is ample space to construct an additional building of approximately 16,000 square feet, providing significant expansion opportunities for a growing business or the potential for additional rental income. This property represents a rare combination of existing high-end office space and substantial future development potential in a prime Spicewood location. The property's superior finishes and strategic location make it an ideal investment for discerning buyers seeking a sophisticated and versatile commercial property. The combination of existing space and development potential makes this a truly exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.