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Property profile & analytics
OFF-MARKET Estimated value $3,000,000
Office buildings

5300 Riata Park Ct Austin, TX 78727-6430

56,331 SF 28.26 ac lot Built 2000
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US83-4265446
Property summary
AI-generated overview

This exceptional industrial property, known as Parmer Business Park, presents a significant opportunity. Comprising two buildings totaling 256,737 square feet, this offering features 53,387 square feet of immediately available warehouse space. Constructed in 2001, the buildings boast a modern design with six one-story tilt-up structures featuring textured concrete tilt-wall exteriors and tinted glass windows within a structural steel frame. The warehouse benefits from a generous 16-foot ceiling height and a column spacing of 40' x 40', providing ample room for operations and storage. The property is zoned LI - Limited Industrial Services, and offers a parking ratio of 5 spaces per 1,000 square feet. Security features include steel security doors, dock-high and drive-in loading capabilities, a fully sprinklered system, 24/7 security camera surveillance, and card-key access. The electrical system provides 277/480-volt, 3-phase power. This property is perfect for businesses requiring substantial space and robust security measures within a well-maintained industrial park. The single suite within the available space provides flexibility for a variety of industrial uses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction CONCRETE
Total area 56,331 SF
Lot 28.26 ac (1,231,219 SF)
APN 268030901
UPID US83-4265446
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
  • Oracle Building 8 Corporate Office
  • First Roi Telecommunications Service Data 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
$3.00M
Owner & transaction history
Parmer Texas LLC · 10 yrs held
Parmer Texas LLC
since 2016
4 recorded transactions
2016
Price N/A
2012
Price N/A
2011
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $4.0M +38.4%
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