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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Bars & Pubs
8110 Springdale Rd Austin, TX 78724-2430
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US83-3697647
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1981
Construction
CONCRETE
Total area
12,988 SF
Lot
1.96 ac (85,334 SF)
APN
229280305
UPID
US83-3697647
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
-
ATM Atm
-
St. Elmo Brewing Company Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$510k
Owner & transaction history
St Elmo Brewing LLC · 4 yrs held
St Elmo Brewing LLC
since 2022
7 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
Method
Estimation
Statistic approach
by Request
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$39 / 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
$39,776
Tax year 2022
Assessed value
$2,074,168
Assessed 2023
Previous assessed
$2,014,067
+3.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$426,670
Assessed improvement
$1,647,498
Land market value
$426,670
Improvement market value
$1,647,498
Total market value
$2,074,168
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
12,988 SF
Lot
1.96 ac (85,334 SF)
APN
229280305
UPID
US83-3697647
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
1981
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.96 ac
Current owner
From public records · entity-resolved
St Elmo Brewing LLC
Entity
Mailing address
127 FIREBIRD ST, LAKEWAY, TX 78734-3807
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2025
—
St Elmo Brewing Land Company LLC
—
Deed
related
$2,486,000 · Capital Certified Development Corporatio
Mar 23, 2022
—
St Elmo Brewing LLC
Rci Holdings INC
Warranty Deed
$1,680,000 · American Bank Of Commerce
Sep 27, 2018
—
Rci Holdings INC
—
Deed
related
$1,350,000 · Jns2 INC
Apr 13, 2010
—
Rci Holdings INC
Bahrami,behzad
Grant Deed
$2,200,000 · Behzad Bahrami
May 27, 2005
—
Behzad Bahrami
Mt Chamberlain Dev LLC
Warranty Deed
—
Dec 16, 2004
—
Mt Charberlin Dev LLC
Produce Properties
Grant Deed
$760,000 · Lone Star Bank NA
—
—
Behzad Bahrami
—
Deed Of Trust
related
$1,500,000 · First State Bank Central Texas
—
—
Behzad Bahrami
—
Deed Of Trust
related
$325,000 · First State Bank Central Texas
—
—
Rci Holdings INC
—
Loan Modification
related
$2,200,000 · First State Bank Central Texas
—
—
Behzad Bahrami
—
Loan Modification
related
$1,500,000 · First State Bank Central Texas
—
—
Rci Holdings INC
—
Deed Of Trust
related
$1,350,000 · Jns2 INC
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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