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Property profile & analytics
OFF-MARKET Estimated value $325,000
Strip malls

9063 Research Blvd Austin, TX 78758-7016

16,400 SF 0.6 ac lot Built 1972
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US82-4547264
Property summary
AI-generated overview

This exceptional two-story, 16,400 square foot retail building, constructed in 1972 and renovated in 2018, is situated at 9063 Research Blvd in Austin, Texas, zip code 78758. The property is classified as Class B and zoned NBG-NP. A 2,800 square foot space (Suite 204) is currently available for lease. This single-tenant space, located on the second floor, offers a generous 40' x 64' layout, ideal for a variety of uses including event spaces, showrooms, or creative office environments. The suite includes a small office, kitchen area, and restroom. The building's convenient location offers easy access to major roadways such as Highway 183, Mopac, and Burnet Road, providing excellent accessibility for both employees and customers. The area boasts a vibrant mix of existing businesses, including a Mexican restaurant, hair salon, barber shop, child development center, and an Indian/Nepalese retail store. Nearby amenities include a diverse range of dining and entertainment options such as Jim's Restaurant, Gold's Gym, Pluckers, Chili's, and Highland Lanes. Furthermore, the proximity to North Capital Texas Highway provides easy access to major retailers including Whole Foods, Best Buy, Target, and Sam's Club. This property presents a unique opportunity for businesses seeking a prominent location in North Central Austin with excellent visibility and convenient access to a wide array of amenities and transportation routes.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1972
Construction WOOD FRAME
Total area 16,400 SF
Lot 0.6 ac (26,106 SF)
APN 245070606
UPID US82-4547264
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
  • Vazquez Restaurant Restaurant
  • The Mendez Law Group LLP Law Firm Child Welfare Organization
  • Gavino Mendez Law Office Law Firm
  • Charm's African Hair Braiding & Weaving Hair Salon Nail Salon
  • Vasquez Taco Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k
Owner & transaction history
Grapevine Salons Central LLC · 4 yrs held
Grapevine Salons Central LLC
since 2022
7 recorded transactions
2022
Price N/A
2018
Price N/A
2011
Price N/A
2009
Price N/A
1997
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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