2303 Parmer Ln - Freestanding FOR SALE


Austin, TX 78727- Walnut Creek Park
$1,090,000 USD
512-309-5145
2303 Parmer Ln, Austin, TX for Sale
$1,090,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

2303 Parmer Ln
Austin, TX 78727
Walnut Creek Park


HIGHLIGHTS

  • Heavy traffic area. Up to 45,000 cars pass by this building every day!
  • Commercial zoning

OVERVIEW

Located in North Austin’s highly trafficked Parmer Lane corridor, 2303 W Parmer Ln offers excellent visibility and access, with close proximity to major tech campuses and arterial highways including MoPac and I-35. The property consists of a single-tenant commercial building totaling approximately 1,684 square feet on a 0.31-acre lot. Zoned GC (General Commercial), the site supports a wide range of uses and benefits from 16 surface parking spaces. Built in 1973, the structure presents a stable investment opportunity with a tenant in place under lease through 2028. The area surrounding the property continues to experience strong growth, fueled by increasing traffic counts and demand from nearby tech employers. This property is well-suited for investors seeking stable cash flow or for an end-user looking to secure a high-exposure retail or office location in a rapidly evolving area.z

FOR SALE DETAILS

PRICE

$1,090,000 USD

PRICE/SF

$647 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

GC

APN/PARCEL ID

266736

ASK ABOUT THIS PROPERTY

Samuel LeeDLX Realty, LLCMore Info
512-309-5145

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Samuel LeeDLX Realty, LLCMore Info
512-309-5145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.