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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Medical Office Space
8402 Cross Park Dr Austin, TX 78754-4595
Entity Owned
12-yr Hold
Free & Clear
Property ID
US82-0693893
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL CLINIC
Year built
1985
Total area
52,480 SF
Lot
8.53 ac (371,567 SF)
APN
233230306
UPID
US82-0693893
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
-
Cross Creek Hospital Hospital
-
Samantha I. Miller, LMSW Foster Care Service Social Service Agency
-
Fellowship of the Prodigal Church
-
Mrs. Amy Abraham Physician
-
Kendall Kayworth Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Austin Behavioral Hospital LLC · 12 yrs held
Austin Behavioral Hospital LLC
since 2014
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$16 / 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
$183,346
Tax year 2022
Assessed value
$7,908,820
Assessed 2023
Previous assessed
$7,867,852
+0.5% YoY
Effective rate
2.32%
On assessed value
Assessed land
$2,006,462
Assessed improvement
$5,902,358
Land market value
$2,006,462
Improvement market value
$5,902,358
Total market value
$7,908,820
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
Medical Office Space
Use group
MEDICAL CLINIC
Status
Off-Market
Year built
1985
Heating
NONE
Stories
1
Total area
52,480 SF
Lot
8.53 ac (371,567 SF)
APN
233230306
UPID
US82-0693893
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
1985
Heating
NONE
Stories
1
Lot
8.53 ac
Current owner
From public records · entity-resolved
Austin Behavioral Hospital LLC
Entity
Free & Clear · 12 yrs held
Mailing address
6100 TOWER CIR STE #1000, FRANKLIN, TN 37067-1509
Ownership since
2014
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
Jan 21, 2021
—
Austin Behavioral Hospital LLC
—
Deed
related
—
Feb 2, 2017
—
Austin Behavioral Hospital LLC
—
Deed
related
—
Mar 13, 2014
—
Austin Behavioral Hospital LLC
Austin Recovery INC
Special Warranty Deed
—
Nov 15, 2004
—
Austin Recovery INC
—
Trustees Deed
related
$250,000 · Lubbock National Bank
—
—
Austin Behavioral Hospital LLC
—
Loan Modification
related
$1,535,000,000 · Bank Of America
—
—
Austin Recovery INC
—
Deed Of Trust
related
$1,100,000 · Bank Of America
—
—
Austin Behavioral Hospital LLC
—
Loan Modification
related
—
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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