Four-Office
For Sale
Contact for pricing
15901 Central Commerce Drive #401, Pflugerville, TX 78660
ADA-compliant corner suite with a reception area, breakroom, and private bathroom.
Property Size836 SF
Price / SF$2.33
Days on Market56
Property Features for 15901 Central Commerce Drive #401
General Information
Standard status
Active
Size
836 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Condition
Newly Renovated
Property Use
Office
Amenities
reception area
breakroom
private bathroom
Building Details
Year Built
2002
Listing Agency:
Austin Castles Realty
(512) 990-3141
Listed By:
Steve Nastri · License #0203658
Source:
Hoydenhomes
Added: Sep 4
Changed: Oct 29
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 Austin Castles Realty
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Investment Insights
Based on property information with market context.
This 836-square-foot office condominium has four private offices, each with a window, plus a reception area, breakroom, and private bathroom. The ADA-compliant corner suite features 10-foot ceilings and finishes that include wood-plank tile, carpet, and wood baseboards. A 16 SEER HVAC system was installed in 2019; the building dates to 2002.
The property is less than 1 mile from IH35.
The property is less than 1 mile from IH35.
Key Highlights
- 836‑square‑foot office condominium with four private offices
- Corner suite with windows in all four offices
- ADA compliant with 10‑foot ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,935
Suggested Prices Based on Cap Rates
Cap Rate 5%
$398,700
$398.7K
Cap Rate 7%
$284,786
$284.8K
Cap Rate 9%
$221,500
$221.5K
Market Conditions
NOI Build-Up for 836 SF
Gross rent
$35.1K $42.00/SF
− Vacancy
−$8.5K −$10.21/SF
EGI
$26.6K $31.79/SF
− OpEx
−$6.6K −$7.95/SF
NOI
$19.9K $23.85/SF
Area
Travis 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%
$398,700
Cap Rate 7%
$284,786
Cap Rate 9%
$221,500
Alternative Uses
Best Use
Office B
$284.8K
$249.2K – $332.3K
NOI $19,935 @ 7.0% cap · market cap 1,022.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$349.5K
$305.8K – $407.7K
NOI $24,463 @ 7.0% cap · market cap 1,254.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,096
Businesses Nearby
Explore this area
Business Placement
Demographics for 78660, TX
110,955
Population
44,399
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
44.6 sq mi
ZIP Area
2,488
Density / Sq Mi
$109,522
Median Household Income
$55,927
Median Earnings
$1,769
Median Rent
$369,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - ADA-compliant corner suite with a reception area, breakroom, and private bathroom.
Where is this office unit located?
The property is located at 15901 Central Commerce Drive #401 Pflugerville, TX.
What are key features of this property?
This property features: 836‑square‑foot office condominium with four private offices; Corner suite with windows in all four offices; ADA compliant with 10‑foot ceilings
