Office Suite with Coworking
For Sale
Contact for pricing
10815 Ranch Rd 2222, Austin, TX 78730
Flexible office layout includes a receptionist area, private offices, conference rooms, and an open coworking space.
Property Size6,877 SF
Price / SF$465.32
Days on Market754
Property Features for 10815 Ranch Rd 2222
General Information
Standard status
Active
Size
6,877 SF
Property subtype
OFFICE
Listing Agency:
CSA Realty Group
(512) 453-6566
Listed By:
Chris Gerlach · License #TX-641285
(512) 447-2222
Source:
Moodyscre
Added: Aug 26, 2024
Changed: Sep 6
Last Checked: Sep 16 at 8:13PM
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 CSA Realty Group
Investment Insights
Based on property information with market context.
This office suite offers approximately 6,877 SF of usable space with a flexible floor plan designed for both private and collaborative work. The layout includes a receptionist area, up to 15 private rooms, one small conference room and one large conference room, plus an open coworking area.
The property is located at 10815 Ranch Rd 2222 in Austin, TX 78730. Space can be leased starting at approximately 2,000 SF, or the entire office can be rented to accommodate a larger tenancy.
The configuration supports a mix of meeting-based and team work needs, with dedicated private rooms alongside shared open coworking space.
The property is located at 10815 Ranch Rd 2222 in Austin, TX 78730. Space can be leased starting at approximately 2,000 SF, or the entire office can be rented to accommodate a larger tenancy.
The configuration supports a mix of meeting-based and team work needs, with dedicated private rooms alongside shared open coworking space.
Key Highlights
- Total usable office space: 6,877 SF
- Lease options from approximately 2,000 SF, or the entire office can be rented
- Floor plan includes a reception area, up to 15 private rooms, and an open coworking area
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
$140,090
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
4.38%
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%
$2,801,800
$2.8M
Cap Rate 7%
$2,001,286
$2.0M
Cap Rate 9%
$1,556,556
$1.6M
Market Conditions
NOI Build-Up for 6,877 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
$246.7K $35.88/SF
− Vacancy
−$60.0K −$8.72/SF
EGI
$186.8K $27.16/SF
− OpEx
−$46.7K −$6.79/SF
NOI
$140.1K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /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%
$2,801,800
Cap Rate 7%
$2,001,286
Cap Rate 9%
$1,556,556
Alternative Uses
Best Use
Office B
$2.00M
$1.75M – $2.33M
NOI $140,090 @ 7.0% cap · market cap 4.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,641 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
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Business Placement
Demographics for 78730, TX
9,403
Population
4,480
Households
2.1
Avg Household Size
40
Median Age
73%
College-Educated
99%
High-School Grad
15.1 sq mi
ZIP Area
623
Density / Sq Mi
$146,450
Median Household Income
$78,194
Median Earnings
$1,734
Median Rent
$1,019,100
Median Home Value
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Market
Vacancy Rate% for Office in Austin, TX
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Frequently Asked Questions
What type of property is this?
Office units - Flexible office layout includes a receptionist area, private offices, conference rooms, and an open coworking space.
Where is this office units located?
The property is located at 10815 Ranch Rd 2222 Austin, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Total usable office space: 6,877 SF; Lease options from approximately 2,000 SF, or the entire office can be rented; Floor plan includes a reception area, up to 15 private rooms, and an open coworking area
