West Lake Hills TX Commercial for Sale
- Type:
- Office
- Sq.Ft.:
- 8,191
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.47 Acres
- Year built:
- 1985
- Baths:
- MLS#:
- 5628753
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Courtesy: Colliers International
512-695-2314
ADDITIONAL INFORMATION
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.
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West Lake Hills Real Estate
The median home value in West Lake Hills, TX is $2,223,900. This is higher than the county median home value of $524,300. The national median home value is $338,100. The average price of homes sold in West Lake Hills, TX is $2,223,900. Approximately 85.29% of West Lake Hills homes are owned, compared to 11.49% rented, while 3.23% are vacant. West Lake Hills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a West Lake Hills real estate agent to arrange a tour today!
West Lake Hills, Texas has a population of 3,373. West Lake Hills is less family-centric than the surrounding county with 36.35% of the households containing married families with children. The county average for households married with children is 36.42%.
The median household income in West Lake Hills, Texas is $191,667. The median household income for the surrounding county is $85,043 compared to the national median of $69,021. The median age of people living in West Lake Hills is 49.4 years.
West Lake Hills Weather
The average high temperature in July is 95.2 degrees, with an average low temperature in January of 38.6 degrees. The average rainfall is approximately 35.1 inches per year, with 0.5 inches of snow per year.