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    8120 Research Blvd Austin, TX 78758-8400

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    8120 Research Blvd Austin, TX 78758-8400


    • Strip malls
    • 41,516 SF
    • 3.38 lot acres
    Off-Market
    Last Sale May 30, 2023
    Property ID
    US82-3000303
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $655,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Shining Image of Texas - Austin / General Contractor / Renovation Specialist
    • Maids and Moore Cleaning Service / Hardware & Home Improvement
    • seguro aseguranza insurance / Insurance Agency
    • Conferred Careers / Employment Agency
    • Hire Bulletin / Employment Agency

    Property Details for 8120 Research Blvd

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    3.38 lot acres
    Property size
    41,516 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    237100311
    APU
    237100311

    Description

    Crestview Crossing, a newly renovated Class B retail center (41,743 square feet) in Northwest Austin, offers exceptional visibility and accessibility. Strategically located at the corner of Research Boulevard and Anderson Square, this property benefits from pylon signage and freeway visibility, attracting both daytime and nighttime traffic. Easy access to US-HWY 183/Research Blvd and major arteries ensures high consumer traffic. The center boasts 167 parking spaces and is anchored by the renowned Capital City Comedy Club. Three spaces are currently available, ranging from 4,100 to 6,000 square feet, ideal for a variety of retail businesses. Built in 1984 and renovated in 2019, this 3.38-acre property sits within a thriving area, experiencing projected 10% population growth within a 5-mile radius over the next five years. Its prime location offers direct access to a growing residential community and proximity to downtown Austin. National retailers such as Hobby Lobby, Target, Planet Fitness, H-E-B, and Walmart are nearby, creating a strong retail environment. This property presents a unique opportunity to establish a business in a high-traffic, rapidly growing area of Austin, Travis County. The property's diverse tenant mix perfectly complements the expanding residential population.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $585,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $724,000
      Market price range: $725k - $1.45M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,040,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $950,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7155
    Latitude
    30.3531
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $92,609
    $2,760,188
    $1,840,812
    $4,601,000
    -
    $2,760,188
    $1,840,812
    $4,601,000
    More about this property
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