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Property profile & analytics
OFF-MARKET
Estimated value
$2,360,000
Medical Office Space
700 45th St Austin, TX 78751-2800
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US82-6341405
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
2011
Total area
58,818 SF
Lot
3.65 ac (158,994 SF)
APN
223050106
UPID
US82-6341405
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
-
Nam H. Nguyen, MD Rehabilitation Center
-
Central Texas Rehabilitation Hospital Rehabilitation Center Occupational Therapist
-
Maunica R. Manchi, MD Rehabilitation Center
-
Seton Central Texas Rehab Hospital
-
Roseanna Jackson-Parekh Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.36M
Owner & transaction history
Gmr Austin LLC · 8 yrs held
Gmr Austin LLC
since 2017
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$40 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$464,107
Tax year 2022
Assessed value
$25,462,548
Assessed 2023
Previous assessed
$23,500,000
+8.4% YoY
Effective rate
1.82%
On assessed value
Assessed land
$12,719,520
Assessed improvement
$12,743,028
Land market value
$12,719,520
Improvement market value
$12,743,028
Total market value
$25,462,548
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
2011
Heating
NONE
Stories
3
Total area
58,818 SF
Lot
3.65 ac (158,994 SF)
APN
223050106
UPID
US82-6341405
Jurisdiction
TRAVIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Stories
3
Lot
3.65 ac
Current owner
From public records · entity-resolved
Gmr Austin LLC
Entity
Mailing address
680 S 4TH ST, LOUISVILLE, KY 40202-2407
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2017
—
Gmr Austin LLC
Norvin Austin Rehab LLC
Special Warranty Deed
$200,000,000 · Bmo Harris Bank NA
Dec 27, 2012
—
Norvin Austin Rehab LLC
Prevarian Austin Rehab LP
Venders Lien
$23,800,000 · American Momentum Bank
—
—
Norvin Austin Rehab LLC
—
Deed Of Trust
related
$23,800,000 · American Momentum Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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