702 Shady Ln
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702 Shady Ln
12,804 SF Retail Building Austin, TX 78702 $5,600,000 ($437/SF) 6.40% Cap Rate
Investment Highlights
- Great Location in East Austin
- 3 Replaced Commercial AC Units in 2021
- Large Gravel Mixed-Use Courtyard
- Built in Bar and Kitchen Area
- Clear Ceiling Height of 20-22 ft.
- Updated Interior Painting
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,804 SF
Building Class
C
Year Built/Renovated
1951/2021
Price
$5,600,000
Price Per SF
$437
Cap Rate
6.40%
NOI
$358,512
Tenancy
Single
Building Height
1 Story
Building FAR
0.67
Land Acres
0.44 AC
Opportunity Zone
Yes
Zoning
CS-CO-NP
Parking
15 Spaces (1.17 Spaces per 1,000 SF Leased)
Frontage
151 FT on Shady Lane
Amenities
- Mezzanine
Bike Score ®
Very Bikeable (80)
PROPERTY TAXES
Parcel Number | 190081 | Improvements Assessment | $1,397,010 |
Land Assessment | $958,300 | Total Assessment | $2,355,310 |
PROPERTY TAXES
Parcel Number
190081
Land Assessment
$958,300
Improvements Assessment
$1,397,010
Total Assessment
$2,355,310
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702 Shady Ln
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