Office Unit with Courtyard
For Sale
$265,000
13276 RESEARCH Blvd 205, Austin, TX 78750
A three-room plan provides separate areas for office work, meetings, or creative use.
Property Size560 SF
Days on Market9
Property Features for 13276 RESEARCH Blvd 205
General Information
Standard status
Active
Size
560 SF
Property subtype
Commercial
Additional Details
Public Transit
Yes
Building Details
Building Size
560 SF
Year Built
1984
Listed By:
David Randazzo
(512) 636-4260
Source:
Elliman
Added: Sep 29
Last Checked: Oct 5 at 6:56PM
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 David Randazzo
Investment Insights
Based on property information with market context.
This office unit at 13276 Research Blvd, Suite 205, has three separate rooms and courtyard views. The layout can serve office work, client meetings, or creative activities, with natural light noted throughout. The building dates to 1984.
The unit is part of the Plaza Cortez office complex on the Research Boulevard corridor in Austin. Its walk score is 49 (Car-Dependent), bike score is 44 (Somewhat Bikeable), and transit score is 27 (Some Transit).
The unit is part of the Plaza Cortez office complex on the Research Boulevard corridor in Austin. Its walk score is 49 (Car-Dependent), bike score is 44 (Somewhat Bikeable), and transit score is 27 (Some Transit).
Key Highlights
- Three separate rooms in the office unit
- Courtyard views and natural light
- Located in Plaza Cortez on the Research Boulevard corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,408
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,160
$228.2K
Cap Rate 7%
$162,971
$163.0K
Cap Rate 9%
$126,756
$126.8K
Market Conditions
NOI Build-Up for 560 SF
Gross rent
$20.1K $35.88/SF
− Vacancy
−$4.9K −$8.72/SF
EGI
$15.2K $27.16/SF
− OpEx
−$3.8K −$6.79/SF
NOI
$11.4K $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%
$228,160
Cap Rate 7%
$162,971
Cap Rate 9%
$126,756
Alternative Uses
Best Use
Office B
$163.0K
$142.6K – $190.1K
NOI $11,408 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$219.4K
$192.0K – $256.0K
NOI $15,361 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,298
Businesses Nearby
Explore this area
Business Placement
Demographics for 78750, TX
28,348
Population
12,186
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
96%
High-School Grad
11.8 sq mi
ZIP Area
2,402
Density / Sq Mi
$123,722
Median Household Income
$62,096
Median Earnings
$1,743
Median Rent
$552,800
Median Home Value
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 units - A three-room plan provides separate areas for office work, meetings, or creative use.
Where is this office units located?
The property is located at 13276 RESEARCH Blvd 205 Austin, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Three separate rooms in the office unit; Courtyard views and natural light; Located in Plaza Cortez on the Research Boulevard corridor
