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Property profile & analytics
FOR SALE
Medical Office Space

7007 Hart Ln Austin, TX 78731

1,838 SF 0.17 ac lot Built 1968
Individually Owned Free & Clear
Property ID
US82-3684947
Property summary
AI-generated overview

This exceptional 2,371 square foot medical office building in Austin, Texas, is offered at $1,750,000. Built in 1968, this two-story, fee-simple property sits on a 0.165-acre lot (7,187 square feet) and boasts a desirable location across from Murchison Middle School on Hart Lane, just a tenth of a mile from Far West Boulevard's numerous amenities. The building's zoning is LR. The interior features a well-appointed dental finish-out including six operatories, a lab, sterilization area, office/flex space, a front desk, and a spacious reception area. Upstairs provides additional office space and storage. The property benefits from its location in the affluent Northwest Hills neighborhood, close to the 183/Loop 1 corridor's many office complexes and a strong residential population. The building is currently 100% occupied by a single tenant. Detailed lease information is available upon request. The property's APN is 133797. The price per square foot is $738.09, and the land value per square foot is $243.48. The property includes central heating and air conditioning. The roof condition is unknown.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1968
Total area 1,838 SF
Lot 0.17 ac (7,200 SF)
APN 137020102
UPID US82-3684947
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
  • Dr. Bryan Smith Dental Office
  • David Carr Dental Office
  • Carr & Smith Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
DAVID W CARR
DAVID W CARR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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