Five-Office Professional
For Sale
Contact for pricing
13740 N Research Boulevard #8, Austin, TX 78750
Reception, a kitchen area, and dedicated storage support day-to-day office operations.
Property Size1,056 SF
Price / SF$1.89
Days on Market29
Property Features for 13740 N Research Boulevard #8
General Information
Standard status
Active
Size
1,056 SF
Property subtype
Office
Site & Location
Neighborhood
Barrington Oaks
Highway Access
Yes
Additional Details
Condition
Move-in Ready
Property Use
Office
Amenities
reception area
kitchen area
storage room
Building Details
Year Built
1985
Listing Agency:
All City Real Estate Ltd. Co
(866) 277-6005
Listed By:
Yannette Homsy Dominguez
(954) 398-0928
Source:
Hoydenhomes
Added: Oct 1
Changed: Oct 28
Last Checked: Oct 28 at 9:46AM
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 All City Real Estate Ltd. Co
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,056-square-foot office suite, built in 1985, is arranged with a reception area, five private offices/cubicles, a restroom, a kitchen area, and a storage room.
The suite is at the rear of Lake Creek Parkway Condos. From the intersection of Hwy 183 and Lake Creek Pkwy, access is via the southbound frontage road and a right turn into the complex.
The suite is at the rear of Lake Creek Parkway Condos. From the intersection of Hwy 183 and Lake Creek Pkwy, access is via the southbound frontage road and a right turn into the complex.
Key Highlights
- 1,056‑square‑foot office suite
- Five private offices/cubicles
- Reception area, restroom, kitchen area, and storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,512
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,240
$430.2K
Cap Rate 7%
$307,314
$307.3K
Cap Rate 9%
$239,022
$239.0K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$37.9K $35.88/SF
− Vacancy
−$9.2K −$8.72/SF
EGI
$28.7K $27.16/SF
− OpEx
−$7.2K −$6.79/SF
NOI
$21.5K $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%
$430,240
Cap Rate 7%
$307,314
Cap Rate 9%
$239,022
Alternative Uses
Best Use
Office B
$307.3K
$268.9K – $358.5K
NOI $21,512 @ 7.0% cap · market cap 1,078.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$413.8K
$362.1K – $482.8K
NOI $28,967 @ 7.0% cap · market cap 1,451.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
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
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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 unit - Reception, a kitchen area, and dedicated storage support day-to-day office operations.
Where is this office unit located?
The property is located at 13740 N Research Boulevard #8 Austin, TX.
What are key features of this property?
This property features: 1,056‑square‑foot office suite; Five private offices/cubicles; Reception area, restroom, kitchen area, and storage room
