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Property profile & analytics
OFF-MARKET
Retail space

8403 Research Blvd Austin, TX 78758-8308

4,453 SF 0.25 ac lot Built 1971
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US82-2301912
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,453-square-foot freestanding retail building situated on a 0.25-acre lot in Austin, Texas. Currently occupied by Tiny's Western Shop under a one-year absolute NNN lease commencing July 1, 2024, and expiring June 30, 2025, this property offers a unique value-add proposition. The building, constructed in 1971, enjoys a prime location at 8403 Research Blvd, 78758, boasting excellent visibility on US-183, a major thoroughfare with a daily traffic count of 144,119 vehicles. Its strategic position between downtown Austin and the Domain District, both within a 10-minute drive, ensures high foot traffic and accessibility. The surrounding area is densely populated, with over 353,455 residents within a five-mile radius and an average household income exceeding $113,730. Furthermore, a substantial workforce of 586,256 employees is located within the same radius. The short-term lease provides an investor with ample time to explore future tenancy options, making this a compelling opportunity for both owner-users and investors seeking a centrally located, high-traffic retail property in a thriving Austin market. The property consists of a single unit with 100% occupancy. No rent bumps are included in the lease.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1971
Construction STEEL FRAME
Total area 4,453 SF
Lot 0.25 ac (10,951 SF)
APN 239101422
UPID US82-2301912
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
  • Tiny's Western Shop (Bike/Boat/Book/etc) Store
  • Austin Accent Inc (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Olga A Thompson · 3 yrs held
Olga A Thompson
since 2023
2 recorded transactions
2023
Price N/A
1997
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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