4701 E Martin Luther King Jr Blvd #a, Austin, TX 78721 - MLS# 9180876

Retail Bldg-Other See Remarks for Sale in Austin > 78721 > Mlk Comm Condo > 4701 E Martin Luther King Jr Blvd #a

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$1,499,000 $2,300/m

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Beds
-
Baths
N/A
Square Ft.
1.53
Acres
N/A
Garages
2005
Year Built
MLS® #: 9180876 Active, 77 Days on Market

The property is located in east Austin. Consistently a top performing Family Dollar in Austin. This property is NN leased with four 5-year renewal options remaining. 10% increase with each renewal option period. Cap rate at asking price is 5.37%.

Price History for 4701 E Martin Luther King Jr Blvd #a

Date MLS # Details Price
9180876 - Commercial Sale New (0 days total) $1,499,000

Property Details for 4701 E Martin Luther King Jr Blvd #a

Location
Size and Restrictions
  • Acres: 1.53
  • $/Acre: $22
  • Land Area: 1.53 - Square Footage
  • FEMA 100 Yr Floodplain: No
Improvements
  • Property Subtype: Commercial Sale - Retail Bldg-Other See Remarks
  • Current Bldg Use: Retail
  • # Buildings: 1
  • Building Area: Tax Record
  • Parking: Common
Utilities
  • Water: City
  • Separate Meter: Yes
  • Utilities: Electricity on Property
  • Sewer: City at Street
  • Owner Pays: Septic Maintenance, Water, Parking

Interior Features for 4701 E Martin Luther King Jr Blvd #a

Heating and Cooling
  • Heating: Central Heat
  • Air Conditioning: Central Air
Interior Features
  • Disability: No

Building Information for 4701 E Martin Luther King Jr Blvd #a

Building Information
  • Year Built: 2005 - Owner
  • Condition: As-Is
  • # of Stories: 1
  • Construction: Metal Siding
  • Foundation: Slab
  • Roof: Membrane
Garage and Parking
  • Parking: Common

Financials for 4701 E Martin Luther King Jr Blvd #a

Financial Information
  • $/Square Foot: $163
  • $/Acre: $22
  • Documents Available: Aerial Photos, Leases, Profit & Loss Statement, Survey
  • Lease Type: Net Net Lease (NN)
  • Net Rentable Area: $9,180 - Tax Record
  • Occupancy Rate: 100
Property Taxes
  • Estimated Taxes: $18,668
  • Tax Rate: 2.23% - 2016
  • Tax ID: 02132211020000

Properties for Sale Similar to 4701 E Martin Luther King Jr Blvd #a, Austin, TX View On Map

Property Listed by: All City Real Estate

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 21st, 2017 at 5:25am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.