7715 Chevy Chase Dr Austin, TX 78752-1227
This exceptional investment opportunity presents a vacant, 51,868-square-foot Class B office building in Austin, Texas. Located at 7715 Chevy Chase Dr, Austin, TX 78752, this two-story building, constructed in 1973, sits on a 3.33-acre lot and offers 247 parking spaces. The property is ideally situated in Travis County, benefiting from its proximity to major thoroughfares. Priced at $6,050,000 ($116.64/sq ft), this multi-tenant building features a unique architectural design, including full-height atriums. The property's vacant status presents a blank canvas for redevelopment or immediate occupancy. The substantial lot size offers significant potential for future expansion or development. This is a rare opportunity to acquire a sizable office property in a prime Austin location. The building's well-maintained condition and ample parking further enhance its appeal. This is an owner/user investment opportunity with significant upside potential. The property's strategic location near the intersection of I-35 and Hwy 183 provides excellent visibility and accessibility.
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Ascension Information Services Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.