Updated Office Building with
For Sale
Contact for pricing
12466 Los Indios Trl, Austin, TX 78729
Office building offering recent updates, 24/7 access, ADA-compliant elevator service, and ample parking.
Property Size15,516 SF
Price / SF$224.93
Days on Market317
Property Features for 12466 Los Indios Trl
General Information
Standard status
Active
Size
15,516 SF
Property subtype
OFFICE
Amenities
24/7 Access
ADA Compliant Elevator
Ample Parking
Listing Agency:
Asterra Properties
(512) 231-2020
Listed By:
Tami Greenberg · License #551211
(512) 773-3705
Source:
Moodyscre
Added: Nov 6, 2025
Changed: Sep 2
Last Checked: Sep 19 at 11:53AM
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 Asterra Properties
Investment Insights
Based on property information with market context.
This office building presents an owner-user or investment opportunity with recent updates throughout. The property provides 24/7 access and an ADA-compliant elevator for building service. Ample parking is available for employees, tenants, and visitors.
The location is convenient to the Domain and the Arboretum, among other nearby destinations, offering practical access for day-to-day operations.
The building totals 15,516 square feet and is offered for sale.
The location is convenient to the Domain and the Arboretum, among other nearby destinations, offering practical access for day-to-day operations.
The building totals 15,516 square feet and is offered for sale.
Key Highlights
- Office building with recent updates
- ADA‑compliant elevator
- 24/7 access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$316,074
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,321,480
$6.3M
Cap Rate 7%
$4,515,343
$4.5M
Cap Rate 9%
$3,511,933
$3.5M
Market Conditions
NOI Build-Up for 15,516 SF
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.
Gross rent
$556.7K $35.88/SF
− Vacancy
−$135.3K −$8.72/SF
EGI
$421.4K $27.16/SF
− OpEx
−$105.4K −$6.79/SF
NOI
$316.1K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$6,321,480
Cap Rate 7%
$4,515,343
Cap Rate 9%
$3,511,933
Alternative Uses
Best Use
Office B
$4.52M
$3.95M – $5.27M
NOI $316,074 @ 7.0% cap · market cap 9.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.08M
$5.32M – $7.09M
NOI $425,614 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,063
Businesses Nearby
Explore this area
Business Placement
Demographics for 78729, TX
31,829
Population
15,717
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
3,248
Density / Sq Mi
$81,589
Median Household Income
$54,271
Median Earnings
$1,613
Median Rent
$434,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building offering recent updates, 24/7 access, ADA-compliant elevator service, and ample parking.
Where is this office building located?
The property is located at 12466 Los Indios Trl Austin, TX.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: Office building with recent updates; ADA‑compliant elevator; 24/7 access
