Building Details

Year Built 1970

Listing Agency: Metro 512 Realty Show Phone

Listed By: Michael Garcia

Source: Hoydenhomes

Added: Sep 3 Changed: Oct 28 Last Checked: Oct 28 at 6:57AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Metro 512 Realty

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Investment Insights

Based on property information with market context.

This office suite includes a reception area, one private office, a coffee station, a private restroom, and a dedicated storage closet. The arrangement brings visitor reception, workspace, and support functions together within a single suite.

The property is at 100 Blue Ridge Trail #4 in West Lake Hills, Texas, within ZIP code 78746. The building was constructed in 1970.

Key Highlights

• Reception area and private office
• Private restroom, coffee station, and dedicated storage closet
• Located in West Lake Hills, Texas, ZIP code 78746

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$428,456

Suggested Prices Based on Cap Rates

Cap Rate 5%

$8,569,120 $8.6M

Cap Rate 7%

$6,120,800 $6.1M

Cap Rate 9%

$4,760,622 $4.8M

What to ask about pricing

Market Conditions

NOI Build-Up for 17,968 SF

Gross rent

$754.7K $42.00/SF

− Vacancy

−$183.4K −$10.21/SF

EGI

$571.3K $31.79/SF

− OpEx

−$142.8K −$7.95/SF

NOI

$428.5K $23.85/SF

Area

Travis County, TX

Vacancy

24.30%

Lease Rate

$42.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$8,569,120

Cap Rate 7%

$6,120,800

Cap Rate 9%

$4,760,622

Alternative Uses

Best Use

Office B

$6.12M

$5.36M – $7.14M (±1% cap)

NOI $428,456 @ 7.0% cap · market cap 21,972.10%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$7.51M

$6.57M – $8.76M (±1% cap)

NOI $525,775 @ 7.0% cap · market cap 26,962.82%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Auto Parts Store Plumbing Service Storage Facility Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,947

Businesses Nearby

Explore this area Business Placement

Demographics for 78746, TX

29,106

Population

11,897

Households

2.4

Avg Household Size

41

Median Age

83%

College-Educated

99%

High-School Grad

22.9 sq mi

ZIP Area

1,271

Density / Sq Mi

$183,028

Median Household Income

$92,124

Median Earnings

$2,097

Median Rent

$1,352,500

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Frequently Asked Questions

What type of property is this?

Office unit - A reception area, private office, restroom, coffee station, and dedicated storage support a compact workplace layout.

Where is this office unit located?

The property is located at 100 Blue Ridge Trail #4 West Lake Hills, TX.

What are key features of this property?

This property features: Reception area and private office; Private restroom, coffee station, and dedicated storage closet; Located in West Lake Hills, Texas, ZIP code 78746