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Property profile & analytics
OFF-MARKET
Estimated value
$21,230,000
Commercial real estate
7700 Parmer Ln 1 Austin, TX 78729-8101
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US82-2453734
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Total area
177,150 SF
APN
R-16-4676-0000-0001
UPID
US82-2453734
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
-
Plantronics Corporate Office Business Park
-
A11Y_Support Information Services Corporate Office
-
ebay Marketing & Advertising IT Consulting Firm
-
Dun & Bradstreet Corporation Business To Business Service
-
Start Condominium Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.98M
Blend (final)
Blend
$21.23M
Owner & transaction history
Bri 1869 Parmer LLC · 10 yrs held
Bri 1869 Parmer LLC
since 2015
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$25.4M
+77.0%
Office building
$22.3M
+55.5%
Restaurant
$17.6M
+22.4%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$14,355,000
Current use
AUTO REPAIR, GARAGE
$25,400,000
Change: +77% · Conversion: Difficult
OFFICE BUILDING
$22,315,000
Change: +55% · Conversion: Easy
RESTAURANT
$17,560,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$17,075,000
Change: +19% · Conversion: Easy
Blend value · Realmo final
$21.23M
Range $19.11M – $23.35M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$120 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,109,810
Tax year 2023
Assessed value
$59,736,423
Assessed 2023
Previous assessed
$59,736,423
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$9,174,617
Assessed improvement
$50,561,806
Land market value
$9,174,617
Improvement market value
$50,561,806
Total market value
$59,736,423
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
177,150 SF
APN
R-16-4676-0000-0001
UPID
US82-2453734
Jurisdiction
WILLIAMSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$14.4M
AUTO REPAIR, GARAGE
Est. value
$25.4M
OFFICE BUILDING
Est. value
$22.3M
RESTAURANT
Est. value
$17.6M
RETAIL STORES
Est. value
$17.1M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
CENTRAL
Cooling
Yes
Stories
3
Current owner
From public records · entity-resolved
Bri 1869 Parmer LLC
Entity
Mailing address
100 N FEDERAL HWY STE #400, HALLANDALE BEACH, FL 33009-4373
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2015
—
Bri 1869 Parmer LLC
Lane Austin LP Parmer
Quit Claim Deed
related
$177,000,000 · Jp Morgan Chase Bk
Oct 1, 2014
—
Lane Austin LP Parmer
Parmer Lane Phase 1a LP
Quit Claim Deed
related
—
—
—
Parmer Lane Austin LP
—
Loan Modification
related
$150,000,000 · Bank Of America
—
—
Lane Phase 1a Parmer
—
Deed Of Trust
related
$26,331,046 · Teachers Insurance & Annuity
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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