10700 Joseph Clayton Drive

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10700 Joseph Clayton Drive

Austin, TX 78753
Asking Price
$1.50M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office asset listed for $1,500,000 in North Austin
  • Spacious 3.18-acre site provides flexibility for multiple office uses
  • Property features a functional house structure and detached garage
  • Located within a growing commercial and residential submarket
  • Significant acreage offers potential for future site expansion

What's Special

Priced at $1,500,000, this traditional office asset sits on a 3.18-acre lot at 10700 Joseph Clayton Drive in Austin, Texas. The property features a house with an attached garage, offering a versatile site layout suitable for various professional uses. Its position within the North Austin corridor provides accessibility to the region's expanding business landscape and diverse economic hubs. Investors and business owners will find this acreage conducive to redevelopment, private office operations, or administrative headquarters looking for a suburban setting away from the dense central business district while remaining within the thriving Austin metro economy. The substantial land footprint allows for potential future expansion or operational flexibility in a market defined by ongoing growth and corporate relocation. This configuration supports businesses seeking a combination of office utility and significant outdoor space, ensuring long-term viability in a competitive real estate climate.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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