Office Building with Flexible
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For Sale
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10601 Pecan Park Blvd, Austin, TX 78750
Adaptable commercial building suited to office, medical, or retail-oriented occupancy.
Property Size8,780 SF
Price / SF$196.05
Days on Market7
Property Features for 10601 Pecan Park Blvd
General Information
Standard status
Active
Size
8,780 SF
Property subtype
OFFICE
Listing Agency:
Foresite Commercial Real Estate
(210) 816-2734
Listed By:
Alexandria Tatem · License #766038
Source:
Moodyscre
Added: Aug 17
Changed: Aug 20
Last Checked: Aug 23 at 4:20AM
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 Foresite Commercial Real Estate
Investment Insights
Based on property information with market context.
This 8780-square-foot office building offers a flexible configuration that can remain intact or be divided into 3 separate units. The layout supports a range of commercial occupancy plans, including office, medical office, and retail-focused uses.
Located at 10601 Pecan Park Blvd in Austin, Texas, the property provides an adaptable setting for an owner-user or other commercial occupant seeking configurable space.
Located at 10601 Pecan Park Blvd in Austin, Texas, the property provides an adaptable setting for an owner-user or other commercial occupant seeking configurable space.
Key Highlights
- 8780 square feet of office building space
- Layout can remain intact or be separated into 3 units
- Supports office, medical office, and retail‑focused uses
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
$115,685
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
6.72%
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%
$2,313,700
$2.3M
Cap Rate 7%
$1,652,643
$1.7M
Cap Rate 9%
$1,285,389
$1.3M
Market Conditions
NOI Build-Up for 8,780 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
$210.7K $24.00/SF
− Vacancy
−$17.9K −$2.04/SF
EGI
$192.8K $21.96/SF
− OpEx
−$77.1K −$8.78/SF
NOI
$115.7K $13.18/SF
Area
Austin, TX
Vacancy
8.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
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%
$2,313,700
Cap Rate 7%
$1,652,643
Cap Rate 9%
$1,285,389
Alternative Uses
Best Use
Office B
$2.56M
$2.24M – $2.98M
NOI $178,856 @ 7.0% cap · market cap 10.39%
Second Best
Healthcare Medical
$1.65M
$1.45M – $1.93M
NOI $115,685 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$3.44M
$3.01M – $4.01M
NOI $240,841 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,034
Businesses Nearby
Explore this area
Business Placement
Demographics for 78750, TX
28,348
Population
12,186
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
96%
High-School Grad
11.8 sq mi
ZIP Area
2,402
Density / Sq Mi
$123,722
Median Household Income
$62,096
Median Earnings
$1,743
Median Rent
$552,800
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Adaptable commercial building suited to office, medical, or retail-oriented occupancy.
Where is this office building located?
The property is located at 10601 Pecan Park Blvd Austin, TX.
What is the asking price?
The asking price for this property is $1,721,352.
What are key features of this property?
This property features: 8780 square feet of office building space; Layout can remain intact or be separated into 3 units; Supports office, medical office, and retail‑focused uses
