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27979483
27979484

2303 W Parmer Ln, Austin, TX 78727

SL
TX 711766
DLX Realty, LLC
Listed by DLX Realty, LLC
$999,000
212 days on market
Updated 4 days ago

Parmer LN

Details
APN 1196468
Property Type Retail
Sub Type Storefront
Square Footage 1,684
Net Rentable (SqFt) 1,684
Cap Rate 5.82%
NOI $58,092
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Expiration 03/31/2027
Remaining Term 1
Broker Co-Op Yes
Class C
Year Built 1973
Buildings 1
Acreage 0.310
Parking Spaces 10 spaces
Parking Per SqFt 5.94
Investment Type Net Lease
Tenant Credit Credit Rated

Unbeatable Visibility on Parmer Lane! High-Exposure Commercial Site – 2303 W Parmer Ln

Marketing description

2303 W Parmer Ln, Austin, TX 78727
Retail / Investment Opportunity

Excellent opportunity to own or lease a Class C commercial retail property located along highly visible W Parmer Lane in North Austin. This property offers prime street frontage and strong daily traffic, ideal for a variety of retail, service, or small office users.

Property Highlights:

  • Building Size: ±1,684 SF

  • Property Type: Commercial – Retail / Neighborhood Center

  • Building Class: Class C

  • Zoning: (General Commercial / Mixed Use).

  • Accessibility: High-traffic corridor with convenient access to Mopac, IH-35, and major North Austin employers

  • Visibility: Excellent signage opportunities on Parmer Ln

  • Parking: Ample surface parking for tenants and customers

  • Ideal Uses: Restaurant, salon, boutique, small office, or service business

Located in a strong retail corridor surrounded by established neighborhoods and businesses, 2303 W Parmer Ln offers an outstanding investment or owner-user opportunity in one of Austin’s most stable and in-demand commercial areas.

Investment highlights

Investment Highlights

  • Property Type: Commercial – Retail / Neighborhood Center

  • Building Class: Class C

  • Building Size: ±1,684 SF

  • Zoning: (General Commercial / Mixed Use).

  • High Visibility: Excellent frontage on W Parmer Lane with strong daily traffic counts

  • Location: North Austin retail corridor with convenient access to Mopac, IH‑35, and nearby residential neighborhoods

  • Parking: Ample surface parking for tenants and customers

  • Tenant Flexibility: Ideal for retail, service, or small office users

  • Stable Investment: Positioned in a mature, established commercial area

  • Signage Opportunity: Prominent signage potential on Parmer Lane

Listing Contacts

SL
TX 711766
DLX Realty, LLC
Listed by DLX Realty, LLC

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$58,092.00
$4,841.00/mo

Valuation Metrics

0
DSCR
5.82%
Cap Rate
5.82%
ROI

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Additional Information

Name
Sam Lee
License
711766
Brokerage
DLX Realty
Brokerage Phone
512 309 5145
Title
Broker of Record
Brokerage Address
11205 Long Summer DR
Name
Sam Lee
License
711766
Brokerage
DLX Realty, LLC
Brokerage Phone
512 309 5145
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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