MLS#3032178
STATUSActive
PROPERTY TYPECommercial - Office
SUBDIVISIONScenic Brook Estates
Property Description
Positioned on 2.78 acres with strong frontage along Highway 290, this investment property offers a compelling opportunity for both owner-users and investors seeking growth potential in the path of development between Austin and Dripping Springs. The site features a well-maintained 4,227 SF two-story office building comprised of 11 individual suites, complemented by a 1,152 SF garage structure that has been converted into 3 Office suites and 1 Garage spot for the owner, located at the rear of the property. Currently operating at approximately 70% occupancy, the asset provides immediate cash flow with additional upside through lease-up and future development. The property also benefits from supplementary income generated through an annual sign lease and ground lease. Located outside the city ETJ, the tract allows flexibility for expansion, with ample room to construct additional buildings to maximize returns in this high-demand corridor.
Property Features
Property Type: Commercial - Office
Cooling: Central Air, Electric
Heating: Central, Propane, Propane Stove
Lot Size: 2.78 Acres
Stories: 2.0
Taxes: $33,906
Year Built: 1999
Feature Descriptions
Accessibility: Common Area, Accessible Full Bath, Accessible Kitchen, Accessible Stairway
Area #: W
Building Features: Conference Room, Open Space, Private Restrooms, Public Restrooms, Separate Shower, Sign-Freestanding
Days on Site: 130
Exterior: HardiPlank Type, Stone
Flood Plain: No
Flooring: Carpet, Linoleum, Tile, Vinyl
Other Equipment: Dryer Connections, Washer Hookup
Parcel#: 04106302090000
Parking: Common, Concrete, Garage, Garage Door Opener, Garage Faces Front, Gravel, Parking Lot, Shared Driveway
Parking Notes: Common, Concrete, Garage, Garage Door Opener, Garage F
Security: yes
Security: Building Security, Security System
Sewer: Septic Tank
Special View Info: Hill Country
Utilities: Cable Available, Electricity Connected, Internet-Cable, Phone Available, Propane, Sewer Connected, Water Connected
Water: Well
Listed By / Shown By
Listed By
Agency Name: Stanberry REALTORS
Agency Contact: (512) 894-3488
Shown By
Agent Name: Gilbert Gracia Jr.
Agent Phone: (512) 825-1591
Agency Title: Realty Capital City
10200 Highway 290 Highway W | MLS# 3032178
This commercial property located at 10200 Highway 290 Highway W, Austin, TX 78736 is currently listed for sale with an asking price of $2,200,000. Search Austin real estate on gilbertg.rmcapitalcity.com today.