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2303 Parmer Ln 1,684 SF Retail Building Austin, TX 78727 $999,999 ($593.82/SF)



INVESTMENT HIGHLIGHTS
- Heavy traffic area. Up to 45,000 cars pass by this building every day!
- Commercial zoning
EXECUTIVE SUMMARY
Located in North Austin’s highly trafficked Parmer Lane corridor, 2303 W Parmer Ln offers excellent visibility and access, with close proximity to major tech campuses and arterial highways including MoPac and I-35. The property consists of a single-tenant commercial building totaling approximately 1,684 square feet on a 0.31-acre lot. Zoned GC (General Commercial), the site supports a wide range of uses and benefits from 16 surface parking spaces. Built in 1973, the structure presents a stable investment opportunity with a tenant in place under lease through 2028. The area surrounding the property continues to experience strong growth, fueled by increasing traffic counts and demand from nearby tech employers. This property is well-suited for investors seeking stable cash flow or for an end-user looking to secure a high-exposure retail or office location in a rapidly evolving area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,684 SF
Building Class
C
Year Built
1973
Price
$999,999
Price Per SF
$593.82
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.30 AC
Zoning
GC - Commercial & MU of Austin City
Parking
16 Spaces (9.5 Spaces per 1,000 SF Leased)
Frontage
73’ on Parmer Ln
AMENITIES
- Pylon Sign
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 266736 | Improvements Assessment | $173,285 |
| Land Assessment | $265,500 | Total Assessment | $438,785 |
PROPERTY TAXES
Parcel Number
266736
Land Assessment
$265,500
Improvements Assessment
$173,285
Total Assessment
$438,785
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2303 Parmer Ln
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