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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Parking lots & garages
822 Kramer Ln Austin, TX 78758-4348
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-2664485
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1975
Construction
CONCRETE
Total area
18,187 SF
Lot
1.01 ac (44,161 SF)
APN
248200707
UPID
US82-2664485
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
-
Caliber Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$910k
Owner & transaction history
Reg Atx 822 Kramer Ln Ltd · 4 yrs held
Reg Atx 822 Kramer Ln Ltd
since 2021
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
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,315,000
Current use
MEDICAL BUILDING
$1,285,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$50 / 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
$60,966
Tax year 2022
Assessed value
$2,718,153
Assessed 2023
Previous assessed
$2,718,153
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$662,400
Assessed improvement
$2,055,753
Land market value
$662,400
Improvement market value
$2,055,753
Total market value
$2,718,153
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1975
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
18,187 SF
Lot
1.01 ac (44,161 SF)
APN
248200707
UPID
US82-2664485
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
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
PARKING LOT Current
MEDICAL BUILDING
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
1975
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Reg Atx 822 Kramer Ln Ltd
Individual
Mailing address
500 W 5TH ST STE #700, AUSTIN, TX 78701-3833
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2021
—
Reg Atx 822 Kramer Ln Ltd
Mikrisali 16 1 LLC
Venders Lien
$1,485,000 · Horizon Bank
Jan 10, 2017
—
Mikrisali 16-1 LLC
Tweden Wallace D 1991 Trust
Warranty Deed
—
Jun 6, 2016
—
4m Acquisitions 16-1 LLC
Madd Props R/e Invs LLC
Warranty Deed
$1,577,800 · Citizens Nat'l Bk
Jun 12, 2013
—
Rights Texas Holdin Disability
Disability Rights Texas
Quit Claim Deed
related
$3,880,000 · J P Morgan Chase Bank
Sep 11, 2012
—
Madd Props R/e Invs LLC
Abreu & Reid LLP
Grant Deed
$1,060,000 · Horizon Bank
—
—
Abreu LLP
—
Deed Of Trust
related
$640,000 · Prosperity Bank
—
—
Abreu LLP
—
Deed Of Trust
related
$585,219 · Prosperity Bank
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.
Try Rey
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