Move-In Ready Corner Office
New
For Sale
$310,000
660 S Bagdad Rd 140, Leander, TX 78641
Corner office condo with four offices, reception area, kitchenette, and an ADA restroom for small office users.
Property Size850 SF
Days on Market7
Property Features for 660 S Bagdad Rd 140
General Information
Standard status
Active
Size
850 SF
Property subtype
Commercial
Building Details
Building Size
850 SF
Year Built
2020
Tenancy
Multi
Listing Agency:
Funk Group
(512) 705-9722
Listed By:
Wade Funk · License #641929
(512) 705-9722
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Aug 3 at 12:22PM
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 Funk Group
Investment Insights
Based on property information with market context.
This move-in ready corner office condo is suited for a small office user or business. The interior layout includes four offices, one larger space that could function as a conference room, plus a reception area, kitchenette, and an ADA restroom.
Located at 660 S Bagdad Rd 140 in Leander, TX 78641. The property is walkable and bikeable to a limited extent, with a BikeScore of 33 and a WalkScore of 31, indicating a car-dependent area.
Built in 2020, the space is designed to support a professional office workflow with dedicated rooms for meetings and client-facing reception, along with in-suite convenience provided by the kitchenette.
Located at 660 S Bagdad Rd 140 in Leander, TX 78641. The property is walkable and bikeable to a limited extent, with a BikeScore of 33 and a WalkScore of 31, indicating a car-dependent area.
Built in 2020, the space is designed to support a professional office workflow with dedicated rooms for meetings and client-facing reception, along with in-suite convenience provided by the kitchenette.
Key Highlights
- Corner office condo layout with four offices
- One larger office could serve as a conference room
- Reception area plus kitchenette
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 | $35.7k | $42.00 |
| − Vacancy | −$8.7k | −$10.21 |
| EGI | $27.0k | $31.79 |
| − OpEx | −$6.8k | −$7.95 |
| NOI | $20.3k | $23.85 |
850 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 6.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.3K
$310.9K – $414.5K
NOI $24,872 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 78641, TX
83,426
Population
33,118
Households
2.5
Avg Household Size
36
Median Age
51%
College-Educated
95%
High-School Grad
124.4 sq mi
ZIP Area
671
Density / Sq Mi
$131,421
Median Household Income
$61,185
Median Earnings
$1,873
Median Rent
$453,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Corner office condo with four offices, reception area, kitchenette, and an ADA restroom for small office users.
Where is this office units located?
The property is located at 660 S Bagdad Rd 140 Leander, TX.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Corner office condo layout with four offices; One larger office could serve as a conference room; Reception area plus kitchenette
