North Austin Commercial
5528 N Lamar Blvd Austin, TX
For Sale
Contact for pricing
Versatile commercial property in North Austin with high visibility.
Property Size7,114 SF
Lot Size0.77 Acres
Price / SF$379.53
Days on Market557
Property Features for 5528 N Lamar Blvd
General Information
- Standard status
- Active
- Size
- 7,114 SF
- Lot size
- 0.77 Acres
- Property subtype
- RETAIL
Properties For Sale
at 5528 N Lamar Blvd Contact us
Listing Agency:
Kalil Commercial
(713) 829-0545
Listed By:
Steven Kalil, CCIM · License #568121
(713) 829-0545
Source:
Moodyscre
Added: Jan 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:08AM
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 Kalil Commercial
Investment Insights
Based on property information with market context.
Located in North Austin, this commercial property at 5528 N Lamar Blvd offers a 7,114-square-foot building on a 0.72-acre (31,319 square feet) site. Constructed in 1991, the property benefits from excellent visibility in a high-traffic area. The site has a history of automotive use and is currently partially occupied by Richard Lord's Boxing Gym. The property's adaptable design makes it suitable for a variety of creative uses, including retail, industrial, or office. The site boasts ample frontage on North Lamar, benefiting from high traffic counts and proximity to established neighborhoods, retail centers, and dining destinations.
Key Highlights
- Prime commercial property in the heart of North Austin.
- Excellent visibility in a high traffic area on N Lamar Blvd.
- Adaptable 7,114 sq ft building suitable for retail, industrial, or office use.
Financial Insights For Retail
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 | $185.2k | $26.04 |
| − Vacancy | −$6.3k | −$0.89 |
| EGI | $179.0k | $25.15 |
| − OpEx | −$53.7k | −$7.55 |
| NOI | $125.3k | $17.61 |
7,114 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.79M
$1.57M – $2.09M
NOI $125,265 @ 7.0% cap · market cap 4.64%
Second Best
Industrial
$909.3K
$795.6K – $1.06M
NOI $63,651 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$2.79M
$2.44M – $3.25M
NOI $195,142 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
austingarageandtransmission
Auto Repair Shop
Richard Lord's Boxing ...
Gym & Fitness Center
Coach Cosma | Boxing ...
Gym & Fitness Center
Angkor Tire & Auto
Auto Repair Shop
Max training
Gym & Fitness Center
Similar Off Market Nearby
- Dave's Ultimate Automotive — 4926 N Lamar Blvd, Austin, TX 78751
- C&D Dent Guys — 5324 airport blvd, austin, tx 78751
- Bosch Service — 807 capitol ct, austin, tx 78756
- Monkey Wrench Bicycles — guadalupe st, austin, tx 78751
- Alignments — austin, tx 78756
FAQs
What type of property is this?
Auto shop - Versatile commercial property in North Austin with high visibility.
Where is this auto shop located?
The property is located at 5528 N Lamar Blvd Austin, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Prime commercial property in the heart of North Austin.; Excellent visibility in a high traffic area on N Lamar Blvd.; Adaptable 7,114 sq ft building suitable for retail, industrial, or office use.
