Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    5445 Hwy 290 Austin, TX 78735-8801

    • Grocery and convenience stores
    • 3,549 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimations
    $385,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3495100
    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

    • Grocery and convenience stores

    Property Details for 5445 Hwy 290

    Year built
    2000
    Construction
    CONCRETE
    Lot size
    1.10 lot acres
    Property size
    3,549 SF
    Property type
    Grocery and convenience stores
    APN
    407271007
    APU
    407271007

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $385,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $359,000
      Market price range: $350k - $606k

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.8403
    Latitude
    30.2357
    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
    $24,448
    $718,740
    $661,260
    $1,380,000
    -
    $718,740
    $661,260
    $1,380,000

    Comparable in this City

    • Value Estimation
      $295,000
      2,800 SF

      9341 Hwy 71

      CONVENIENCE STORE • 2,800 SF
      9341 Hwy 71, Austin, TX 78735-8024
      View Details
    • Value Estimation
      $335,000
      3,347 SF

      8225 Hwy 71

      CONVENIENCE STORE • 3,347 SF
      8225 Hwy 71, Austin, TX 78735-8105
      View Details
    • Value Estimation
      $340,000
      1,540 SF

      7622 Hwy 71

      CONVENIENCE STORE • 1,540 SF
      7622 Hwy 71, Austin, TX 78735-8247
      View Details
    • Value Estimation
      $350,000
      2,400 SF

      7216 Hwy 71

      CONVENIENCE STORE • 2,400 SF
      7216 Hwy 71, Austin, TX 78735-8310
      View Details
    • Value Estimation
      $380,000
      1,880 SF

      8314 Hwy 71

      CONVENIENCE STORE • 1,880 SF
      8314 Hwy 71, Austin, TX 78735-8111
      View Details
    • Value Estimation
      $265,000
      4,200 SF

      8624 Hwy 71

      CONVENIENCE STORE • 4,200 SF
      8624 Hwy 71, Austin, TX 78735-8004
      View Details

    Similar Nearby for Sale

    • $2,560,000
      10,000 SF

      Highway 71 Retail and Office

      10,000 SF retail and office investment property for sale.
      8305 Highway 71 W, Austin, TX 78735
      View Details
    • Contact for pricing
      324,342 SF

      Encino Trace Class A Office

      Two Class A office buildings in Southwest Austin.
      5707 Southwest Pkwy, Austin, TX 78735
      View Details
    • Contact for pricing

      Land Approved for Retail, Restaurant

      Land approved for retail and restaurant development in Austin.
      6539 Highway 290 W, Austin, TX 78735
      View Details
    • $2,500,000
      4,500 SF

      Austin Office Warehouse and Production

      Two-building office warehouse and beverage production facility in South West Austin.
      7800 Highway 71 W, Austin, TX 78735
      View Details
    • $950,000
      2.00 Acres

      Prime Austin Commercial Land

      2-Acre Hwy 71 Lot, $950K
      8423 State Hwy 71, Austin, TX 78735
      View Details
    • $2,360,000
      3,772 SF

      Updated Home in Barton Creek

      Renovated home with scenic views, multiple living areas, and chef's kitchen.
      2305 Barton Creek Blvd, Austin, TX 78735
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      139,564 SF

      Center of the Hills Retail Space

      Prime Oak Hill retail, multiple suites available.
      71 & Old Bee Caves Rd, Austin, TX 78735
      View Details
    • Contact for pricing
      820 SF

      Retail Space in Oak Hill

      Retail space available in Oak Hill at the Y.
      7010 Highway 71 W, Austin, TX 78735
      View Details
    • Contact for pricing
      1,200 SF

      Office and Retail Space Available

      Versatile space suitable for office or retail use for rent.
      5446 Highway 290 W, Austin, TX 78735
      View Details
    • $36 SF/Yr
      1,658 SF

      Retail Space on Southwest Parkway

      1,658 SF retail space with high visibility available for lease.
      7717 Southwest Pkwy, Austin, TX 78735
      View Details
    • Contact for pricing
      5,477 SF

      Restaurant Space with Pylon Signage

      Freestanding 5,477 SF restaurant space with ample parking.
      5006 Highway 290 W, Austin, TX 78735
      View Details
    • Contact for pricing
      153,479 SF

      Austin Retail Center: Prime Location

      Multiple suites available, 870-7,070 sq ft
      7010 Sh‐71, Austin, TX 78735
      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.
    5445 Hwy 290
    Austin, TX 78735-8801
    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.