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Private Second-Floor Office Unit
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141 Tahitian Drive #C, Bastrop, TX 78602

A private workspace within a sizable multi-tenant office building serves businesses seeking a dedicated office setting.

Property Size13,650 SF
Price / SF$0.07
Days on Market68

Property Features for 141 Tahitian Drive #C

General Information

Standard status Active
Size 13,650 SF
Property subtype MixedUse

Additional Details

Floor 2
Property Use Office

Building Details

Year Built 1978
Tenancy Multi
Listing Agency: Keller Williams Realty
Listed By: Kevin White · License #0483240
Source: Hoydenhomes
Added: Aug 24 Changed: Oct 28 Last Checked: Oct 28 at 2:45PM

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 Keller Williams Realty

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Investment Insights

Based on property information with market context.

This private office occupies the second floor of a multi-tenant building with 13,650 square feet of property size. The building dates to 1978, and the offering is identified as an office unit.

Located in Tahitian Village, the property is minutes from Downtown Bastrop, Texas.

Key Highlights

  • Private office unit on the second floor
  • Part of a 13,650‑square‑foot multi‑tenant building
  • Located in Tahitian Village, minutes from Downtown Bastrop

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$325,491
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,509,820 $6.5M
Cap Rate 7%
$4,649,871 $4.6M
Cap Rate 9%
$3,616,567 $3.6M
Market Conditions
NOI Build-Up for 13,650 SF
Gross rent
$573.3K $42.00/SF
− Vacancy
−$139.3K −$10.21/SF
EGI
$434.0K $31.79/SF
− OpEx
−$108.5K −$7.95/SF
NOI
$325.5K $23.85/SF
Area
Bastrop County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,509,820
Cap Rate 7%
$4,649,871
Cap Rate 9%
$3,616,567

Alternative Uses

Best Use
Office B
$4.65M
$4.07M – $5.42M (±1% cap)
NOI $325,491 @ 7.0% cap · market cap 36,165.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.35M
$4.68M – $6.24M (±1% cap)
NOI $374,428 @ 7.0% cap · market cap 41,603.11%
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

Office Units

Suggested Use

Top Pick Dental Office Hair Salon Pharmacy Law Firm Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby

Demographics for 78602, TX

33,759
Population
13,485
Households
2.5
Avg Household Size
40
Median Age
27%
College-Educated
87%
High-School Grad
195.3 sq mi
ZIP Area
173
Density / Sq Mi
$86,976
Median Household Income
$41,644
Median Earnings
$1,331
Median Rent
$310,300
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 South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A private workspace within a sizable multi-tenant office building serves businesses seeking a dedicated office setting.
Where is this office unit located?
The property is located at 141 Tahitian Drive #C Bastrop, TX.
What are key features of this property?
This property features: Private office unit on the second floor; Part of a 13,650‑square‑foot multi‑tenant building; Located in Tahitian Village, minutes from Downtown Bastrop
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