Professional Office Condo
8500 Shoal Creek Blvd Unit Bldg 4 S Austin, TX 78757
8500 Shoal Creek Blvd Unit Bldg 4 S, Austin, TX, 78757
$1,275,000
For Sale
$1,275,000
Well-maintained office condo features full-length glass and a lobby with conference and multiple private offices.
Property Size3,946 SF
Price / SF$323.11
Days on Market489
Property Features for 8500 Shoal Creek Blvd Unit Bldg 4 S
General Information
- Standard status
- Active
- Size
- 3,946 SF
- Property subtype
- Office
Building Details
- Year Built
- 1972
Listing agency
Realty
(512) 743-2963
Listed by
Ivan Lim
(512) 743-2963
Source
Xome
Added: Mar 20, 2025 Updated: Jul 20 at 5:45PM Checked: Jul 21 at 3:10AM
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 Realty
Investment Insights
Based on property information with market context.
This well-maintained professional office condo offers full-length glass designed to provide abundant natural light. The current interior setup includes a lobby, an oversized conference room, one open work space, seven offices of various sizes, a break room, a technology closet, and a storage closet.
The property is conveniently located near two major highways: MoPac and Hwy 183. It is approximately 3 miles from Arboretum, 4 miles from Domain, and 8 miles from Downtown.
For tenants or buyers seeking a turnkey office layout with both collaborative and private work areas, the existing configuration supports a range of day-to-day office functions.
The property is conveniently located near two major highways: MoPac and Hwy 183. It is approximately 3 miles from Arboretum, 4 miles from Domain, and 8 miles from Downtown.
For tenants or buyers seeking a turnkey office layout with both collaborative and private work areas, the existing configuration supports a range of day-to-day office functions.
Key Highlights
- Well‑maintained professional office condo with central air and central heating (heating: 3).
- Full‑length glass provides abundant natural light throughout the office space.
- Layout includes lobby, oversized conference room, one open work space, and 7 private offices.
Local Financial Insights For Office B
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 | $141.6k | $35.88 |
| − Vacancy | −$34.4k | −$8.72 |
| EGI | $107.2k | $27.16 |
| − OpEx | −$26.8k | −$6.79 |
| NOI | $80.4k | $20.37 |
3,946 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,383 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,241 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Well-maintained office condo features full-length glass and a lobby with conference and multiple private offices.
Where is this office units located?
The property is located at 8500 Shoal Creek Blvd Unit Bldg 4 S Austin, TX.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Well‑maintained professional office condo with central air and central heating (heating: 3).; Full‑length glass provides abundant natural light throughout the office space.; Layout includes lobby, oversized conference room, one open work space, and 7 private offices.
