1700 Royston Ln, Round Rock, TX
Office flex space in Round Rock, well below market price.
- Added:
- Aug 19, 2024
- Days on Market:
- 661
- Last Refresh:
- May 19 at 8:41 pm
Property Features for 1700 Royston Ln
General Information
- Standard status
- Active
- Size
- 37,784 SF
- Lot size
- 3.19 Acres
- Property subtype
- OFFICE
Listing agent Justin Williams License #764786
Listing office Trinity Real Estate Investment Services - Corporate (817) 304-8916
Listing date Aug 19, 2024
Source Moodyscre
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 Trinity Real Estate Investment Services - Corporate
HighLights
- Office/Flex space available well below market price at $18/SF.
- Located in the Greater Austin MSA, just 16 miles north of the State Capital.
- Dense demographics: 119,352 residents in a 3‑mile radius and 262,320 in a 5‑mile radius.
- Affluent community: Average household income of $89,538 (1‑mile) & $98,807 (3‑mile).
- Round Rock is one of the fastest‑growing cities in America with 131,255 residents.
- Dual entry points and ample parking.
Overview
Local 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 | $1.13M | $30.00 |
| − Vacancy | −$332.1k | −$8.79 |
| EGI | $801.4k | $21.21 |
| − OpEx | −$200.3k | −$5.30 |
| NOI | $601.0k | $15.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Round Rock
- County
- Williamson
- State
- Texas
- Longitude
- -97.6569
- Latitude
- 30.4616
