$450.00 Per Sq Foot $19,787 est/mo Sourced by Back At You

3939 Bee Caves Rd B,West Lake Hills, TX 78746

West Lake Hills TX, 78746

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Description

We are pleased to offer individual buildings in Westlake Village for sale for the first time since their construction. There are three individual buildings for sale: Building A, Building B and Building C. Each building is approximately 8,300 square feet and offers a mix of vacant space for an owner occupant and leased space providing income for the building owner. Bee Cave Road and Westlake Drive is the Main and Main intersection of West Lake Hills. The households surrounding Westlake Village have some of the highest average incomes and net worth in the entire Austin metro area. The residential real estate prices are also some of the highest in the Austin area, commonly exceeding $1,000 per square foot. Stand alone buildings on Bee Cave Road are very rarely available for purchase. Most commercial properties are held for generations. Westlake Village is ideally suited for office or medical office owner/users that want to own their own building and see the potential for value appreciation in this location. A condominium regime will be created to manage the exterior common areas of the project (parking lot, signage, landscaping, etc.). Each individual building owner will have complete control over the interior improvements to their building and will have input on improvements to the exteriors of each building and common areas of the project. Buyers may elect to hire the same company managing the common areas to manage their building, collect rents and pay bills.

Details

MLS#5628753
Listing TypeFor Sale
StyleOffice Building
Building NameWestlake Village
Sub-TypeResale
StatusActive
Year1985
Days On Site49
Listing Provided ByColliers International | Douglass Rauls

Features

SQ Feet8,191
Story(s)2
Building(s)1
ZoningOffice/Medical office
Acreage2.47
Water FrontYes

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of May 20, 2024 at 1:32:54 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTX
CountyTravis
CityWest Lake Hills
Zip Code78746
Area8E
Community NameBarton Spgs Estates
Listing VS Median (in Barton Spgs Estates)
Price:
$3,685,950
low | high
Med:
$3,685,950
50% of Average
SqFt:
8,191
low | high
Med:
8,191
50% of Average
$ / SqFt:
$450
low | high
Med:
$450
50% of Average
On Site:
49
low | high
Med:
49.000000
100% of Average
Sourced by Back At You
Listing Updated: April 2, 2024 at 8:19:09 AM PDT