Austin Retail Redevelopment
1804 Briarcliff Blvd, Austin, TX
For Sale
Contact for pricing
Renovated retail building on a large lot near Mueller District.
Property Size9,150 SF
Lot Size1.13 Acres
Price / SF$311.48
Days on Market475
Property Features for 1804 Briarcliff Blvd
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Listing Agency:
Secure Net Lease - Dallas
(214) 522-7200
Listed By:
Sam House · License #TX 696383
(214) 227-9869
Source:
Moodyscre
Added: Jul 21, 2025
Changed: Aug 8
Last Checked: Aug 8 at 5:17AM
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 Secure Net Lease - Dallas
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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 property features a 9,150 square foot building, constructed in 1960 and renovated in 2024, situated on a 1.12 acre site. It is located just north of The Mueller District, offering proximity to downtown Austin and the University of Texas campus. The property is positioned for potential vertical redevelopment. It benefits from its location in a high-spending submarket, with average household incomes of $107,031 within a 1-mile radius and $139,119 within a 5-mile radius. The property is located adjacent to Windsor Commons, a new Class-A mixed-use multi-family and retail development. The average base rental rate is $18.95 per square foot, while other tenants in the center are paying a base rate of $30.60 per square foot.
Key Highlights
- Potential redevelopment opportunity for aggressive vertical redevelopment.
- Below market rents with an average base rental rate of $18.95 PSF.
- High‑spending submarket with strong average household incomes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$161,115
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,222,300
$3.2M
Cap Rate 7%
$2,301,643
$2.3M
Cap Rate 9%
$1,790,167
$1.8M
Market Conditions
NOI Build-Up for 9,150 SF
Gross rent
$238.3K $26.04/SF
− Vacancy
−$8.1K −$0.89/SF
EGI
$230.2K $25.15/SF
− OpEx
−$69.0K −$7.55/SF
NOI
$161.1K $17.61/SF
Area
Austin, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,222,300
Cap Rate 7%
$2,301,643
Cap Rate 9%
$1,790,167
Alternative Uses
Best Use
Retail
$2.30M
$2.01M – $2.69M
NOI $161,115 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.59M
$3.14M – $4.18M
NOI $250,991 @ 7.0% cap · market cap 8.81%
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
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 33%
Apparel 8%
Electronics 2%
Jack in the Box
Dining
11,237 visits/mo
0.4 miles
Shell
Shops & Services
10,471 visits/mo
0.4 miles
Shell
Shops & Services
5,916 visits/mo
0.3 miles
Food Mart
Shops & Services
4,842 visits/mo
0.3 miles
Windsor
Apparel
1,886 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Austin, TX
Similar Off Market Nearby
- Windsor Village — 5811 Berkman Dr, Austin, TX 78723
- Coinstar Kiosk | Bitcoin ATM — El Rancho Supermarket, 6800 Berkman Dr, Austin, TX 78723
- Coinstar Kiosk | Bitcoin ATM — 6800 Berkman Dr, Austin, TX 78723, United States
Frequently Asked Questions
What type of property is this?
Shopping center - Renovated retail building on a large lot near Mueller District.
Where is this shopping center located?
The property is located at 1804 Briarcliff Blvd Austin, TX.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Potential redevelopment opportunity for aggressive vertical redevelopment.; Below market rents with an average base rental rate of $18.95 PSF.; High‑spending submarket with strong average household incomes.
