Retail/Office Building on Anderson
For Sale
Contact for pricing
1802 W Anderson Ln, Austin, TX 78759
Retail or office building with high visibility on Anderson Lane.
Property Size920 SF
Price / SF$652.17
Days on Market146
Property Features for 1802 W Anderson Ln
General Information
Standard status
Active
Size
920 SF
Property subtype
Retail, Office
Zoning
GR-CO-NP
Listing Agency:
The Kucera Companies
Listed By:
David Stojanik · License #TX
(512) 279-9234
Source:
Crexi
Added: May 25
Changed: Oct 11
Last Checked: Oct 16 at 9:39AM
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 The Kucera Companies
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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 920-square-foot property is situated on heavily traveled Anderson Lane, offering excellent visibility. The location benefits from pylon signage and convenient ingress/egress. The property is suitable for an owner-occupant seeking a small building in an area experiencing high growth. It can be used as retail space or office units.
Key Highlights
- Excellent visibility due to location on heavily traveled Anderson Lane.
- Pylon signage available.
- Suitable for owner‑occupant.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,741
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,820
$374.8K
Cap Rate 7%
$267,729
$267.7K
Cap Rate 9%
$208,233
$208.2K
Market Conditions
NOI Build-Up for 920 SF
Gross rent
$33.0K $35.88/SF
− Vacancy
−$8.0K −$8.72/SF
EGI
$25.0K $27.16/SF
− OpEx
−$6.2K −$6.79/SF
NOI
$18.7K $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%
$374,820
Cap Rate 7%
$267,729
Cap Rate 9%
$208,233
Alternative Uses
Best Use
Office B
$267.7K
$234.3K – $312.4K
NOI $18,741 @ 7.0% cap · market cap 3.12%
Second Best
Retail
$231.4K
$202.5K – $270.0K
NOI $16,200 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$360.5K
$315.5K – $420.6K
NOI $25,236 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,669
Businesses Nearby
Explore this area
Business Placement
Demographics for 78759, TX
42,333
Population
23,843
Households
1.8
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
14.3 sq mi
ZIP Area
2,960
Density / Sq Mi
$102,799
Median Household Income
$67,807
Median Earnings
$1,680
Median Rent
$634,400
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 Austin, TX
Frequently Asked Questions
What type of property is this?
Retail space - Retail or office building with high visibility on Anderson Lane.
Where is this retail space located?
The property is located at 1802 W Anderson Ln Austin, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Excellent visibility due to location on heavily traveled Anderson Lane.; Pylon signage available.; Suitable for owner‑occupant.
