Sign Up Successful!
You now have access to more from Realmo!
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

    5253 Lamar Blvd Austin, TX 78751-1820

    • Parking lots & garages
    • 1,305 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimations
    $230,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4070708
    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

    • Alan's Vehicle Inspections / Car Inspection Station
    • C&D Dent Guys / Auto Dent Removal Service

    Property Details for 5253 Lamar Blvd

    Year built
    1956
    Construction
    CONCRETE
    Lot size
    0.15 lot acres
    Property size
    1,305 SF
    Property type
    Parking lots & garages
    APN
    224070309
    APU
    224070309

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $280,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $181,000
      Market price range: $64.0k - $181k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $185,000
      OFFICE BUILDING
      $170,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7292
    Latitude
    30.3208
    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
    $677,565
    $59,105
    $736,670
    -
    $677,565
    $59,105
    $736,670

    Comparable in this City

    • Value Estimation
      $420,000
      3,600 SF

      702 56th St

      PARKING GARAGE, PARKING STRUCTURE • 3,600 SF
      702 56th St, Austin, TX 78751
      View Details
    • Value Estimation
      $665,000
      16,160 SF

      605 56th St

      PARKING GARAGE, PARKING STRUCTURE • 16,160 SF
      605 56th St, Austin, TX 78751
      View Details
    • Value Estimation
      $675,000
      5,096 SF

      5528 Lamar Blvd

      PARKING GARAGE, PARKING STRUCTURE • 5,096 SF
      5528 Lamar Blvd, Austin, TX 78751-1085
      View Details
    • Value Estimation
      $345,000
      5,276 SF

      4812 Interstate 35

      PARKING GARAGE, PARKING STRUCTURE • 5,276 SF
      4812 Interstate 35, Austin, TX 78751-3403
      View Details
    • Value Estimation
      $620,000
      4,760 SF

      4001 Guadalupe St

      PARKING GARAGE, PARKING STRUCTURE • 4,760 SF
      4001 Guadalupe St, Austin, TX 78751-4523
      View Details
    • Value Estimation
      $255,000
      1,500 SF

      5624 Lamar Blvd

      PARKING GARAGE, PARKING STRUCTURE • 1,500 SF
      5624 Lamar Blvd, Austin, TX 78751-1058
      View Details

    Similar Nearby for Sale

    • $2,700,000
      7,114 SF

      North Austin Commercial Property

      Versatile commercial property in North Austin with high visibility.
      5528 N Lamar Blvd, Austin, TX 78751
      View Details
    • Contact for pricing
      1,201 SF

      Renovated Retail Space Available

      Recently renovated retail project with pylon signage available in Austin.
      5312 Airport Blvd, Austin, TX 78751
      View Details
    • $1,267,000

      Retail Property on Lamar Boulevard

      Retail property for sale on North Lamar Boulevard, Austin.
      5415 N Lamar Blvd, Austin, TX 78751
      View Details
    • $1,100,000

      Austin Specialty Property For Sale

      Specialty property available for purchase in Austin, Texas.
      602 North Loop Blvd, Austin, TX 78751
      View Details
    • $579,999
      1,525 SF

      Central Austin Townhome Opportunity

      3 bed/3 bath townhome in central Austin near hotspots.
      200 W 56Th St, Austin, TX 78751
      View Details
    • $650,000
      900 SF

      Office Space with Approved Site

      Office space for sale with approved development plans.
      1514 W Koenig Ln, Austin, TX 78751
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      3,328 SF

      Retail Space Near University of Texas

      Retail space for lease near Hyde Park and University of Texas.
      4017 Guadalupe St, Austin, TX 78751
      View Details
    • Contact for pricing
      4,599 SF

      Retail Space Near Mueller

      Divisible retail space with high-traffic location near major Austin landmarks.
      4100 E 51St St, Austin, TX 78751
      View Details
    • $14 SF/Yr
      1,164 SF

      Restored School Building with Amenities

      Unique office and retail spaces with modern amenities for lease.
      3908 Avenue B, Austin, TX 78751
      View Details
    • Contact for pricing
      200 SF

      Austin Commercial Kitchen for Lease

      200 sq ft Ghost Kitchen - Prime Location
      5610 Interstate Highway 35, Austin, TX 78751
      View Details
    • Contact for pricing
      1,760 SF

      Retail Space with Natural Grocers

      Retail spaces available, anchored by Natural Grocers.
      4616 Triangle Ave, Austin, TX 78751
      View Details
    • Contact for pricing
      3,500 SF

      Retail Space Near UT Campus

      Retail space for lease near the University of Texas campus.
      5210 N Lamar Blvd, Austin, TX 78751
      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.
    5253 Lamar Blvd
    Austin, TX 78751-1820
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.