Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9104 Farm to Market Road 812 Austin, TX 78719

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $600,000

    0.50-acre property ideal for mixed-use development in Austin, Texas.

    Type:V-COM
    Lot size:
    0.50 Acres
    Added:
    Feb 1, 2024
    Days on Market:
    798
    Last Refresh:
    Apr 3 at 4:57 am

    Property Features for 9104 Farm to Market Road 812

    General Information

    Standard status
    Active
    Lot size
    0.50 Acres
    Property subtype
    V-COM

    Building Details

    Year Built
    1960

    We can help!

    Listing Contact
    Jeffrey Slanker
    Jeffrey Slanker

    Listing agent Jeffrey Slanker License #617990

    Listing office Keller Williams Realty | Austin | 512.963.3926

    Listing date Feb 1, 2024

    Source Realnex

    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 Keller Williams Realty | Austin | 512.963.3926

    Overview

    Austin Mixed-Use Development Opportunity

    Located at 9104 FM 812 in Austin, Texas, this 0.50-acre property is suitable for mixed-use development. The parcel is positioned in a high-growth area, offering potential for diverse commercial ventures. Its location and space make it suitable for projects seeking to establish themselves in a dynamic area of Austin.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.6725
    Latitude
    30.1003

    Nearby Similar for Sale

    • $465,000
      1,870 SF

      Austin Duplex with Development Potential

      Duplex in Austin with development potential and seller financing.
      8507 Georgian Drive, Austin, TX 78753
      View Details
    • $650,000

      Unrestricted Land Near New Development

      Five-acre unrestricted property suitable for commercial or residential projects.
      9604 Thaxton Road, Austin, TX 78747
      View Details
    • $380,000

      Land For Sale, Austin, TX

      Land available for sale in Austin, Texas.
      5606 1/2 Joe Sayers Avenue lot: 17, Austin, TX 78756
      View Details
    • $495,000
      39,204 SF

      East Austin Land Parcel Opportunity

      Rare 0.90-acre vacant parcel in a dynamic East Austin corridor.
      2907 E Martin Luther King Jr Blvd # Austin TX 78702, Austin, TX 78702
      View Details
    • $2,950,000

      Unrestricted Land Near Austin Hotspots

      Unrestricted land near ABIA, downtown Austin, and Tesla Gigafactory.
      6981 McKinney Falls PKWY, Austin, TX 78744
      View Details
    • $550,000

      Land in Texas Hill Country

      6-acre land offers privacy, beauty, and convenience.
      13921 Nutty Brown Road lot: 74, Austin, TX 78737
      View Details
    • $399,999

      Two Lots in Gated Community

      Two vacant lots in Austin's McCormick Mountain gated community.
      15512 Mccormick Vista Drive, Austin, TX 78734
      View Details
    • $425,000

      Austin Land in St. Johns

      Prime lot in St. Johns neighborhood, ideal for development.
      7109 Bennett Avenue lot: 12, Austin, TX 78752
      View Details
    • $280,000

      Lake Travis View Home Lot

      Over half acre lot with Lake Travis views.
      5001 Weletka Drive, Austin, TX 78734
      View Details
    • $2,339,172
      311,889 SF

      Austin Commercial Land For Sale

      Prime property in Texas Opportunity Zone with access to key landmarks.
      8229 Us Highway 183 S Austin TX 78747, Austin, TX 78747
      View Details
    • $395,000

      Residential Land in Austin, TX

      Corner lot near downtown Austin, ideal for building a home.
      506 Clover, Austin, TX 78745
      View Details
    • $1,839,000
      5,034 SF

      South Austin Medical/Office Investment

      Fully leased medical/office building in South Austin with high visibility.
      9811 Austin Tx 78744 BLDG 1, Austin, TX 78744
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.50-acre property ideal for mixed-use development in Austin, Texas.
    Where is this commercial land located?
    The property is located at 9104 Farm to Market Road 812 Austin, TX.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Prime location in a high‑growth area of Austin, Texas.; .50‑acre property suitable for mixed‑use development.; Unparalleled potential for diverse commercial ventures.
    (512) 800-4886
    We can help!
    Listing Contact
    Jeffrey Slanker
    Jeffrey Slanker
    Real Estate License ID: 617990
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!