Gated Office-Shop with
1120 E 52nd St Austin, TX 78723
1120 E 52nd St, Austin, TX, 78723
$1,195,000
For Sale
$1,195,000
Fully gated property with a 3,000 SF brick office and a 1,200 SF shop/warehouse with grade-level roll-up door.
Property Size4,200 SF
Price / SF$284.52
Days on Market64
Property Features for 1120 E 52nd St
General Information
- Standard status
- Active
- Size
- 4,200 SF
Listing Agency
(512) 844-4653
Listed by
Gayle Berkbigler, CCIM · License #451428
(512) 844-4653
Source
Expcommercial
Added: May 19 Updated: Jul 20 at 6:34 pm Checked: Jul 21 at 2:57 am
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 Gayle Berkbigler, CCIM
Investment Insights
Based on property information with market context.
This fully gated commercial office/shop property includes a 3,000 SF brick construction office building and an additional 1,200 SF shop/warehouse. The warehouse features a grade-level 12’ roll-up door, supporting storage and operational needs tied to equipment and inventory. The office interior has been recently improved with fresh paint, and the property has undergone extensive upgrades including repaired plumbing drain lines, new electrical conduit, roofing, and exterior metal skin work.
The buildings were constructed in 1970. The property is zoned GR-MU-NP and is located in Austin, two blocks from the Mueller Development.
The combined office and shop/warehouse configuration provides on-site administrative space alongside functional storage/workspace in a secured setting, suited to businesses that need both office presence and warehouse utility.
The buildings were constructed in 1970. The property is zoned GR-MU-NP and is located in Austin, two blocks from the Mueller Development.
The combined office and shop/warehouse configuration provides on-site administrative space alongside functional storage/workspace in a secured setting, suited to businesses that need both office presence and warehouse utility.
Key Highlights
- Fully gated commercial office/shop property with a 3,000 SF brick office building and a 1,200 SF shop/warehouse
- Shop/warehouse includes a grade‑level 12’ roll‑up door for loading and access
- Office interior has been recently improved and fully painted
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.7k | $35.88 |
| − Vacancy | −$36.6k | −$8.72 |
| EGI | $114.1k | $27.16 |
| − OpEx | −$28.5k | −$6.79 |
| NOI | $85.6k | $20.37 |
4,200 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.22M
$1.07M – $1.43M
NOI $85,558 @ 7.0% cap · market cap 7.16%
Second Best
Warehouse
$651.9K
$570.4K – $760.5K
NOI $45,631 @ 7.0% cap · market cap 3.82%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,209 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
CenTex Foundation Repair
Construction Company
Similar For Sale Nearby
Similar Off Market Nearby
- Magic Kitchen — 4606 Eilers Ave, Austin, TX 78751
- Chef Abby's Gourmet Kitchen — 5610 N Interstate 35 Frontage Rd, Austin, TX 78751
- ATX Jive Turkeys — 5610 N Interstate Hwy 35 #33, Austin, TX 78751
FAQs
What type of property is this?
Flex space - Fully gated property with a 3,000 SF brick office and a 1,200 SF shop/warehouse with grade-level roll-up door.
Where is this flex space located?
The property is located at 1120 E 52nd St Austin, TX.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Fully gated commercial office/shop property with a 3,000 SF brick office building and a 1,200 SF shop/warehouse; Shop/warehouse includes a grade‑level 12’ roll‑up door for loading and access; Office interior has been recently improved and fully painted
