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Property profile & analytics
OFF-MARKET
Retail space
708 Lamar Blvd Austin, TX 78703
Individually Owned
2-yr Hold
Free & Clear
Property ID
US82-0691960
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1964
Total area
1,089 SF
Lot
0.15 ac (6,499 SF)
APN
109010810
UPID
US82-0691960
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
-
Erasmo Montiel, Realtor ® Real Estate Agency
-
Envoy Mortgage - Austin, TX Loan Service Bank
-
Indulgence a Salon Austin, LLC Hair Salon Nail Salon
-
Karmen Linn, Realtor Real Estate Agency
-
Elken Miller, Realtor® at Pure Gold Realty Real Estate Agency
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
Paul T Barr · 2 yrs held
Paul T Barr
since 2024
6 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
—
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
$16,046
Tax year 2022
Assessed value
$1,002,570
Assessed 2023
Previous assessed
$833,172
+20.3% YoY
Effective rate
1.60%
On assessed value
Assessed land
$975,000
Assessed improvement
$27,570
Land market value
$975,000
Improvement market value
$27,570
Total market value
$1,002,570
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Total area
1,089 SF
Lot
0.15 ac (6,499 SF)
APN
109010810
UPID
US82-0691960
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
1964
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Paul T Barr
Individual
Free & Clear · 2 yrs held
Mailing address
1114 W 7TH ST APT #107, AUSTIN, TX 78703-5337
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2024
—
Paul T Barr
Paul T Barr
Deed
related
—
Jan 20, 2021
—
Christopher H Mcfarland
Morrison At Crystal Fal Taylor
Grant Deed
$171,815 · Texas Tech FCU
May 14, 2009
—
Penury Partners
Williams,david W & Evan M
Grant Deed
—
May 13, 2009
—
Evan M Williams
Williams,diana J
Quit Claim Deed
related
—
Apr 2, 2007
—
Evan M Williams
Williams,jeffrey J
Quit Claim Deed
related
—
Jun 11, 1997
—
Roger J Trustee
Joseph,edward W
Trustees Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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