Freestanding Commercial
For Sale
$750,000
10817 Old San Antonio Rd, Austin, TX 78748
Freestanding building zoned LR-CO with on-site parking and frontage access along Old San Antonio Rd.
Property Size1,809 SF
Lot Size0.80 Acres
Price / SF$414.59
Days on Market122
Property Features for 10817 Old San Antonio Rd
General Information
Standard status
Active
Size
1,809 SF
Class
C
Lot size
0.80 Acres
Property subtype
Office - General Office
Zoning
LR-CO
Site & Location
Neighborhood
Slaughter Creek
Building Details
Building Size
1,809 SF
Year Built
1960
Units
1
Listing Agency:
Sayers Real Estate Advisors
Listed By:
Markham Sayers
(512) 297-7655
Source:
Commercialcafe
Added: Jun 25
Changed: Oct 21
Last Checked: Oct 23 at 3:43AM
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 Sayers Real Estate Advisors
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Investment Insights
Based on property information with market context.
Freestanding commercial building on approximately 0.80 acres featuring approximately 1,809 SF of improvements. The property is positioned for strong visibility and convenient access along Old San Antonio Rd, with ample on-site parking. Zoned LR-CO, the space is described as suitable for a variety of office, educational, medical, or neighborhood commercial uses, with owner occupancy possible.
The site is located in South Austin near IH-35 and Southpark Meadows, and it is directly across from Akins High School. WalkScore and transit details provided indicate the area is car-dependent, with limited walkability and somewhat limited transit.
The site is located in South Austin near IH-35 and Southpark Meadows, and it is directly across from Akins High School. WalkScore and transit details provided indicate the area is car-dependent, with limited walkability and somewhat limited transit.
Key Highlights
- Freestanding commercial building on 0.80 acres in South Austin
- 1,809 SF of improvements
- Zoned LR‑CO for office, educational, medical, or neighborhood commercial uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,097
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,940
$621.9K
Cap Rate 7%
$444,243
$444.2K
Cap Rate 9%
$345,522
$345.5K
Market Conditions
NOI Build-Up for 1,809 SF
Gross rent
$54.3K $30.00/SF
− Vacancy
−$12.8K −$7.08/SF
EGI
$41.5K $22.92/SF
− OpEx
−$10.4K −$5.73/SF
NOI
$31.1K $17.19/SF
Area
ZIP 78748
Vacancy
23.60%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$621,940
Cap Rate 7%
$444,243
Cap Rate 9%
$345,522
Alternative Uses
Best Use
Office B
$444.2K
$388.7K – $518.3K
NOI $31,097 @ 7.0% cap · market cap 4.15%
Second Best
Healthcare Medical
$418.7K
$366.3K – $488.4K
NOI $29,306 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$631.2K
$552.3K – $736.4K
NOI $44,182 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 78748, TX
55,226
Population
25,694
Households
2.1
Avg Household Size
35
Median Age
56%
College-Educated
95%
High-School Grad
14.1 sq mi
ZIP Area
3,917
Density / Sq Mi
$107,652
Median Household Income
$59,611
Median Earnings
$1,711
Median Rent
$434,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office building - Freestanding building zoned LR-CO with on-site parking and frontage access along Old San Antonio Rd.
Where is this office building located?
The property is located at 10817 Old San Antonio Rd Austin, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Freestanding commercial building on 0.80 acres in South Austin; 1,809 SF of improvements; Zoned LR‑CO for office, educational, medical, or neighborhood commercial uses
