Technical
Financial
Distress signals
Property profile

5307 Airport Blvd Austin, TX 78751

FOR LEASE
Strip malls
Property ID
US82-0192819
17,001 SF 0.97 ac lot Built 1972
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a two-building, 17,080 square foot medical office complex situated on a 0.97-acre lot in Austin, Texas. The property, located at 5307 Airport Blvd, boasts a prime location at the well-lit intersection of Airport Boulevard and 53 1/2 Street, offering excellent visibility and signage opportunities. Built in 1972 and renovated in 2017, the Class B property features four suites across two single-story buildings, with 7,000 square feet currently available for lease. The flexible space can accommodate tenants requiring between 2,617 and 7,000 square feet. Ample parking is provided with 80 spaces. The property benefits from its proximity to the new ACC Highland Campus, the University of Texas, Hyde Park, and the Mueller Development, ensuring a robust and diverse clientele. Convenient access to IH-35 and Hwy 290/FM 2222 further enhances its appeal. The property's 0.39 building floor area ratio and its location within the Central submarket of Travis County (zip code 78751) make it an attractive proposition for investors and tenants alike. This high-traffic area offers significant potential for growth and return on investment.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1972
Construction STEEL FRAME
Total area 17,001 SF
Lot 0.97 ac (42,275 SF)
APN 223120927
UPID US82-0192819

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
  • Charitable Organization Social Service Agency
  • Dental Office
  • Dental Office
  • Counselor
  • Medical Clinic

Location

5307 Airport Blvd Austin, TX 78751
Austin metro Census 2105 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2007
3 recorded transactions
2017
Price N/A
2007
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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