9710 N Lamar Blvd Austin, TX $ 5,250,000
9710 N Lamar Blvd
$ 5,250,000
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9710 N Lamar Blvd

Austin, TX, 78753
$ 5,250,000
Baths0.0 Sq 10,986

Monthly Estimate*

$ 34,893

9710 N Lamar Blvd, Austin, TX 78753 - Image 1
Studio

Commercial Property for sale in Austin, TX

for $5,250,000. This 10,986 square foot building was built in 1992 on a lot size of 2.474.

Est CAP Rate is 8.6%! ASG has been exclusively retained to offer for sale the retail building and 2.47 Acres located at 9710 N Lamar. The property consists of one (1), 10,986 SF building that is currently leased to 2 Tenants (La Ultima Sports Bar and Paris Hookah Lounge). The property also has other tenants that have been here for 1 to 2 years + pay on time (info on request). The site is approximately 3 miles from Q2 Stadium, 4 miles from The Domain, 9 miles from the new Apple Campus off Parmer, 4 miles from Tech Ridge Center, and 9 miles from Downtown Austin. The property is currently zoned GR-NP which allows a variety of different commercial uses and is fully occupied providing an investor with good income along a growing vertical mixed-use corridor.

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Commercial Active

Price

$ 5,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 66,530

Style

Business

Lot Size

2.474

Year Built

1992

Town/City

Austin

County/Region

Travis

MLS | Web ID

8700310

Features
General
Sewer Public Sewer
Heating Central Exhaust Fan Hot Water Natural Gas Separate Meters
Cooling Ceiling Fan(s) Central Air Electric
Utilities Cable Available Electricity Connected Other Natural Gas Connected Phone Connected Sewer Connected Water Connected See Remarks
Construction Materials Brick
Year Built 1992
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Property SubType Business
Tax Year 2023
Current Use Food Service Restaurant
Accessibility None
County Travis
Net Operating Income 37893
Operating Expense 10407
New Construction N
Property Type Commercial Sale
Energy Efficient None
Subdivision Name Ten Thousand North Lamar
Building Features Kitchen Equipment
Green Sustainability None
Other Structures None
Status Active
Directions From 183 Exit on N Lamar Blvd; From I-35 Exit on E Rundberg Ln then turn to N Lamar Blvd
City Austin
Disclosures None
MLS Area 2N
Lot Size Square Feet 107767.44
Waterfront Y/N N
Street Name Lamar
Property Condition Resale
Additional Parcels Y/N N
Leasable Area 0
Lease Type Absolute Net
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 2023
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Interior
Flooring Tile Vinyl
Street Suffix BLVD
Total Bedrooms 0
Total Baths 0
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Exterior
Parking Features Parking Lot
Water Source Public
Total Parking 195
Number of Buildings 1
Building Area Total 10986
Lot Size Acres 2.474
Lot Size Source Public Records
Other Equipment None
Horse Y/N N
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Internal Only
Street Number 1 9710
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* Excluded Features
List By
Mike Caputo

Listing Agent

Austin Summit Group

Broker

mike@austinsummitgroup.com

Email

Affordability Calculator

$40,437
Per Month
86%
14%
0%
Monthly Principal & Interest
$34,893
Monthly Property Taxes
$5,544
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/4/2023$5,250,000 Listed Price

Map


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9710 N Lamar Blvd, Austin, TX, 78753 is a Commercial Property for sale at $5,250,000 with 10,986 sqft and a lot size of 2.474. 9710 N Lamar Blvd is a studio with 0.0 baths and was built in 1992. The property's zip code is 78753 which is in Austin, TX