Freestanding Corner Office
For Sale
$795,000
101 N Anthony ST, Hutto, TX 78634
OT-4T zoning and access from two streets support a range of commercial business formats.
Property Size1,964 SF
Days on Market436
Property Features for 101 N Anthony ST
General Information
Standard status
Active
Size
1,964 SF
Total Parking Spaces
17
Property subtype
Office
Zoning
OT-4T
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$9,018
Building Details
Building Size
1,964 SF
Year Built
1990
Listing Agency:
Christies Intl Real Estate Lone Star
Listed By:
Kelli McLaughlin · License #0658823
(512) 695-6588
Source:
Zellteam
Added: Jul 10, 2025
Changed: Sep 10
Last Checked: Sep 15 at 11:31AM
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 Christies Intl Real Estate Lone Star
Investment Insights
Based on property information with market context.
This freestanding office building occupies a corner parcel at 101 N Anthony St in Hutto, with frontage along Highway 79 and access from two streets. Constructed in 1990, the property includes 17 dedicated on-site parking spaces and is designated OT-4T, Hutto’s Old Town Transition District. The zoning supports a range of commercial business types, including office, retail, professional services, studio, and boutique concepts.
The property is positioned near Hutto’s Historic Downtown District, the Hutto Co-Op Mixed-Use Redevelopment, City Hall, and local eateries. Foundation repair estimates are available upon request.
The property is positioned near Hutto’s Historic Downtown District, the Hutto Co-Op Mixed-Use Redevelopment, City Hall, and local eateries. Foundation repair estimates are available upon request.
Key Highlights
- Freestanding office building on a corner parcel
- Highway 79 frontage with access from two streets
- 17 dedicated on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,833
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$936,660
$936.7K
Cap Rate 7%
$669,043
$669.0K
Cap Rate 9%
$520,367
$520.4K
Market Conditions
NOI Build-Up for 1,964 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$82.5K $42.00/SF
− Vacancy
−$20.0K −$10.21/SF
EGI
$62.4K $31.79/SF
− OpEx
−$15.6K −$7.95/SF
NOI
$46.8K $23.85/SF
Area
Williamson 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$936,660
Cap Rate 7%
$669,043
Cap Rate 9%
$520,367
Alternative Uses
Best Use
Office B
$669.0K
$585.4K – $780.6K
NOI $46,833 @ 7.0% cap · market cap 5.89%
Second Best
Retail
$494.0K
$432.3K – $576.4K
NOI $34,583 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$821.0K
$718.4K – $957.8K
NOI $57,470 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 78634, TX
37,951
Population
15,322
Households
2.5
Avg Household Size
33
Median Age
35%
College-Educated
93%
High-School Grad
56.4 sq mi
ZIP Area
673
Density / Sq Mi
$111,227
Median Household Income
$52,649
Median Earnings
$2,024
Median Rent
$334,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - OT-4T zoning and access from two streets support a range of commercial business formats.
Where is this office building located?
The property is located at 101 N Anthony ST Hutto, TX.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Freestanding office building on a corner parcel; Highway 79 frontage with access from two streets; 17 dedicated on‑site parking spaces
