Office Space
3907 Medical Pkwy Austin, TX 78756
Details & Description
Price: $2,950,000
    OVERVIEWThis building is located in the heart of the Central Medical District. Walking distance to Central Market, Uchiko, Rudy’s BBQ, Snooze Eatery, Doc’s Motorworks, Taco Deli & many other dining and shopping establishments. The property is located in a rapidly growing and appreciating area.FEATURES24 Hour Availability, Air Conditioning, Fully Carpeted, Kitchen FacilitiesPROPERTYProperty TypeOfficeSub-TypeMedicalRBA (sf)7940Floors2Typical Floor (sf)3995Year Built1973TenancyMultiClassCConstructionSteelParking TypeSurfaceParking Spaces34Parking Ratio4.13Land Area (ac)0.32ZoningLRABN / Parcel ID217836DETAILSThe Parkway professional building is a value-add opportunity. Ideal for an owner-occupier, investor OR developer. Abundant parking @ 4.28 / 1K sf. The building can accommodate both single and multi-tenant usage. LR Zoning provides excellent flexibility including for general retail, medical etc.Sale TypeInvestmentPrice$2,950,000Owner Can Occupy (sf)7940Occupancy01/01/2019
    Listing Agents
    Steve Garnett

    M: 512-507-9597
    sgarnett@asterra.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3907 Medical Pkwy

    Austin, TX 78756

    Listing ID: 160183
    • 3907 Medical Pkwy Austin, TX 78756 | for Sale | Photo 1
    • 3907 Medical Pkwy Austin, TX 78756 | for Sale | Photo 2
    3907 Medical Pkwy | for Sale | Thumbnail 1
    3907 Medical Pkwy | for Sale | Thumbnail 2
    Building Size: 7,940 SF
    Lot Size: 0.320 AC
    Land Size: 13,939 SF
    Building $/SF: $371.54
    Land $/SF: $211.64
    Price
    $2,950,000
    Description


    OVERVIEW




    This building is located in the heart of the Central Medical District. Walking distance to Central Market, Uchiko, Rudy’s BBQ, Snooze Eatery, Doc’s Motorworks, Taco Deli & many other dining and shopping establishments. The property is located in a rapidly growing and appreciating area.

    FEATURES

    24 Hour Availability, Air Conditioning, Fully Carpeted, Kitchen Facilities

    PROPERTY

    Property Type

    Office

    Sub-Type

    Medical

    RBA (sf)

    7940

    Floors

    2

    Typical Floor (sf)

    3995

    Year Built

    1973

    Tenancy

    Multi

    Class

    C

    Construction

    Steel

    Parking Type

    Surface

    Parking Spaces

    34

    Parking Ratio

    4.13

    Land Area (ac)

    0.32

    Zoning

    LR

    ABN / Parcel ID

    217836

    DETAILS

    The Parkway professional building is a value-add opportunity. Ideal for an owner-occupier, investor OR developer. Abundant parking @ 4.28 / 1K sf. The building can accommodate both single and multi-tenant usage. LR Zoning provides excellent flexibility including for general retail, medical etc.

    Sale Type

    Investment

    Price

    $2,950,000

    Owner Can Occupy (sf)

    7940

    Occupancy

    01/01/2019



    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Austin History of Office Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Austin Area Market Trends

    Listing Demographics for 3907 Medical Pkwy Austin, TX 78756

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population19,180142,586341,458
    Population Median Age343435
    Population by Age0-9 Yrs1364 (7%)10955 (7%)36776 (10%)
    10-19 Yrs2039 (10%)18566 (13%)37606 (11%)
    20-29 Yrs6872 (35%)43589 (30%)81223 (23%)
    30-39 Yrs3148 (16%)24298 (17%)64274 (18%)
    40-49 Yrs1756 (9%)15985 (11%)41139 (12%)
    50-59 Yrs1544 (8%)11875 (8%)33783 (9%)
    60-69 Yrs1228 (6%)9811 (6%)26108 (7%)
    70+ Yrs1228 (6%)7507 (5%)20550 (6%)
    Median HH Income$59,127$70,216$64,633
    Total Household Income< 24K2165 (24%)12250 (21%)29705 (21%)
    25-49K1736 (19%)10008 (17%)26861 (19%)
    50-74K1322 (14%)8247 (14%)21561 (15%)
    75-99K827 (9%)5805 (9%)14147 (10%)
    100-199K1732 (19%)12883 (22%)29573 (21%)
    200K+1088 (12%)8872 (15%)17941 (12%)
    Highest Education LevelNo Diploma287441625525
    Diploma or GED655759631589
    Some College15081100432881
    Assoc. Degree27331219230
    Bachelors Degree53843607078195
    Higher Degree39962711153783
    Total Housing Units10,27566,960157,209
    --Owner-Occupied3,12623,59457,666
    --Renter-Occupied5,74434,47282,124
    Owner-Occupied Values< 100K294822152
    100-199K15412565614
    200-299K12526418409
    300-399K37740189581
    400-499K49237527917
    500K+19501144623992
    Total Working Age Population17,164126,233286,654
    In Work Force11,40686,550204,310
    Not In Work Force5,75839,68382,344
    Workforce Employed10,93183,097195,899
    Workforce Unemployed4703,4048,294
    Civlian Workforce11,40186,501204,192
    Military Workforce549117
    Total Households8,87158,067139,789
    Family Households2,98822,40662,775
    Non-Family Households5,88335,66177,015
    Married Couple2,49618,20746,048
    Other Family4924,19916,727
    Married w/Child1,0097,33819,460
    Single Male w/Child625691,690
    Single Female w/Child1661,3576,632

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Texas20,851,820+2125,145,561+1829,677,668+1834,894,452
    Travis County812,280+261,024,266+261,291,502+191,540,812

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3907 Medical Pkwy in Austin?
    The asking price for 3907 Medical Pkwy is $2,950,000
    What is the building size of this Office property in Austin, TX?
    The size of the building/unit at 3907 Medical Pkwy in Austin is 7,940 square feet
    How much land does the Austin, TX property at 3907 Medical Pkwy include?
    3907 Medical Pkwy in Austin includes 0.320 acres of land
    What is the population within 1 mile of 3907 Medical Pkwy in Austin?
    The population within 1 mile of 3907 Medical Pkwy Austin, TX 78756 is 19,180 people.
    Who do I contact for questions about 3907 Medical Pkwy?
    You should contact the listing agent, Steve Garnett, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    4107 Medical Pkwy, Austin, TX $4,900,000 12300 3.33
    709 West 34th Street, Austin, TX CALL 3344 0.17
    3404 Guadalupe Street, Austin, TX CALL 2976 0.26
    5003 Burnet Road, Austin, TX $1,450,000 2706 0.27
    929 East 41st Street, Austin, TX $3,850,000 16387 0.94
    1707 Nueces St, Austin, TX $1,736,000 2480 0.14
    1808 Aldrich Street, Austin, TX CALL 18845 1
    5717 Balcones Dr, Austin, TX CALL 19304 1.83
    6800 Woodrow Ave, Austin, TX CALL 19465 -
    1011 San Jacinto Boulevard, Austin, TX $1,250,000 2452 -

    Closest Commercial Airports

    Airport Distance (mi)
    Austin Bergstrom International Airport (AUS) 9
    San Antonio International Airport (SAT) 69
    George Bush Intercontinental Houston Airport (IAH) 145
    Price
    $2,950,000
    Listing Agent
    More listings from Steve Garnett
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Roofing Contractor •
    Roof Care Services logo
    Repair, replace, maintain. Click here!
    • Property Inspection •
    Waxwing Inspections logo
    We find what you may have missed!
    • Title Company •
    Capstone Title logo
    Talk to an escrow officer today!
    • HVAC Contractor •
    Irish Air logo
    Click to stay cool this summer
    • Roofing Contractor •
    A.L.E Roofing logo
    Repair, replace, maintain. Click here!
    • Roofing Contractor •
    Crane Customs Roofing  Construction logo
    Repair, replace, maintain. Click here!
    • Environmental Studies •
    Phase 1 Enviro Pros LLC logo
    Get an Environmental Site Survey!
    • Painting Contractor •
    VS Pro Painting LLC logo

    Share
    Other property types near Austin, TX