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Property profile & analytics

8120 Research Blvd Austin, TX 78758-8400

  • Strip malls
  • 41,516 SF
  • 3.38 lot acres
OFF-MARKET
Last Sale
May 30, 2023
Value Estimations
$655,000
Show details
Cap Rate Potential
Location Intelligence
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.

Current Use by Public Records

  • Shining Image of Texas - Austin / Window Cleaning Service
  • Maids and Moore Cleaning Service / House Cleaning Service / Sanitation Service
  • seguro aseguranza insurance / Auto Insurance Agency / 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
Neighborhood 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
    APARTMENT HOUSE (5+ UNITS)
    $950,000

Get a detailed, property-specific valuation — 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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