Office
For Sale
Contact for pricing
12702 Sherbourne St, Austin, TX 78729
Office building available for sale.
Property Size5,150 SF
Price / SF$0.87
Days on Market245
Property Features for 12702 Sherbourne St
General Information
Standard status
Active
Size
5,150 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Pond Springs
Listing Agency:
Devora Realty
(512) 500-4248
Listed By:
Johnny Devora · License #607532
(512) 961-9084
Source:
Moodyscre
Added: Mar 5
Changed: Oct 26
Last Checked: Nov 3 at 8:20AM
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 Devora Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building presents a straightforward opportunity for an office-focused use, offering 5,150 square feet of space.
The property is located at 12702 Sherbourne St in Austin, Texas 78729. The site is identified by this Austin address, supporting access for tenant and visitor wayfinding.
With the available information limited to size and address, prospective buyers should review the building’s interior layout and condition during their due diligence to confirm fit for their specific office needs.
The property is located at 12702 Sherbourne St in Austin, Texas 78729. The site is identified by this Austin address, supporting access for tenant and visitor wayfinding.
With the available information limited to size and address, prospective buyers should review the building’s interior layout and condition during their due diligence to confirm fit for their specific office needs.
Key Highlights
- 5,150 SF office building
- Located at 12702 Sherbourne St, Austin, TX 78729
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,910
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,098,200
$2.1M
Cap Rate 7%
$1,498,714
$1.5M
Cap Rate 9%
$1,165,667
$1.2M
Market Conditions
NOI Build-Up for 5,150 SF
Gross rent
$184.8K $35.88/SF
− Vacancy
−$44.9K −$8.72/SF
EGI
$139.9K $27.16/SF
− OpEx
−$35.0K −$6.79/SF
NOI
$104.9K $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 Rate 5%
$2,098,200
Cap Rate 7%
$1,498,714
Cap Rate 9%
$1,165,667
Alternative Uses
Best Use
Office B
$1.50M
$1.31M – $1.75M
NOI $104,910 @ 7.0% cap · market cap 2,331.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.02M
$1.77M – $2.35M
NOI $141,268 @ 7.0% cap · market cap 3,139.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,099
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
View Realmo Analytics
Market
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office building - Office building available for sale.
Where is this office building located?
The property is located at 12702 Sherbourne St Austin, TX.
What are key features of this property?
This property features: 5,150 SF office building; Located at 12702 Sherbourne St, Austin, TX 78729
