Property summary
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
VerifiedCap rate & NOI
Current use
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Charitable Organization Social Service Agency
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Dental Office
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Dental Office
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Counselor
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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