Mixed-Use
For Sale
Contact for pricing
1200 Interstate 35, Round Rock, TX 78681
Existing commercial property at an Interstate 35 address in Round Rock, Texas.
Property Size8,065 SF
Price / SF$247.99
Days on Market8
Property Features for 1200 Interstate 35
General Information
Standard status
Active
Size
8,065 SF
Total Parking Spaces
16
Property subtype
Retail, Mixed Use, Self Storage
Lease Type
Absolute NNN
Building Details
Year Built
1978
Buildings
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Austin
(512) 338-7800
Listed By:
Coleman Solomon · License #742798
Source:
Crexi
Added: Jul 29
Changed: Aug 5
Last Checked: Aug 5 at 2:11AM
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 Marcus & Millichap - Austin
Investment Insights
Based on property information with market context.
This mixed-use property contains 8,065 square feet and was constructed in 1978. The asset is located at 1200 Interstate 35 in Round Rock, Texas, within the Austin MSA. Its established building footprint provides a defined commercial base for evaluating the property in the context of the surrounding metropolitan market.
Key Highlights
- 8,065‑square‑foot mixed‑use property
- Constructed in 1978
- 1200 Interstate 35 address in Round Rock, TX 78681
Financial Insights For Specialty 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 | $242.0k | $30.00 |
| − Vacancy | −$7.3k | −$0.90 |
| EGI | $234.7k | $29.10 |
| − OpEx | −$58.7k | −$7.27 |
| NOI | $176.0k | $21.83 |
8,065 SF · lease $30.00/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.51M
$2.20M – $2.93M
NOI $176,019 @ 7.0% cap · market cap 8.80%
Second Best
Retail
$2.15M
$1.88M – $2.51M
NOI $150,518 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$2.55M
$2.24M – $2.98M
NOI $178,849 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,567
Businesses Nearby
Explore this area
Business Placement
Demographics for 78681, TX
57,503
Population
20,817
Households
2.8
Avg Household Size
38
Median Age
56%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
2,479
Density / Sq Mi
$136,215
Median Household Income
$62,739
Median Earnings
$1,848
Median Rent
$460,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing commercial property at an Interstate 35 address in Round Rock, Texas.
Where is this mixed-use property located?
The property is located at 1200 Interstate 35 Round Rock, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 8,065‑square‑foot mixed‑use property; Constructed in 1978; 1200 Interstate 35 address in Round Rock, TX 78681
