Mixed-Use
For Sale
Contact for pricing
Pending
1200 Interstate 35, Round Rock, TX 78681
Existing commercial property at an Interstate 35 address in Round Rock, Texas.
Property Size8,065 SF
Days on Market99
Property Features for 1200 Interstate 35
General Information
Standard status
Pending
Size
8,065 SF
Total Parking Spaces
16
Property subtype
Retail, Mixed Use, Self Storage
Lease Type
Absolute Net
Site & Location
Neighborhood
Chisholm Valley
Building Details
Year Built
1978
Buildings
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Austin
Listed By:
Coleman Solomon · License #742798
(512) 338-7821
Source:
Crexi
Added: Jul 29
Changed: Oct 26
Last Checked: Nov 3 at 5:01AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$176,019
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,520,380
$3.5M
Cap Rate 7%
$2,514,557
$2.5M
Cap Rate 9%
$1,955,767
$2.0M
Market Conditions
NOI Build-Up for 8,065 SF
Gross rent
$242.0K $30.00/SF
− Vacancy
−$7.3K −$0.90/SF
EGI
$234.7K $29.10/SF
− OpEx
−$58.7K −$7.27/SF
NOI
$176.0K $21.83/SF
Area
Round Rock, TX
Vacancy
3.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,520,380
Cap Rate 7%
$2,514,557
Cap Rate 9%
$1,955,767
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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
