Freestanding Theater
For Sale
Contact for pricing
1805 E 7th Street, Austin, TX 78702
Renovated in 2022, the space combines open-truss ceilings with private breakout rooms and dedicated off-street parking.
Property Size3,472 SF
Price / SF$0.01
Days on Market32
Property Features for 1805 E 7th Street
General Information
Standard status
Active
Size
3,472 SF
Property subtype
Retail
Site & Location
Neighborhood
East Cesar Chavez
Additional Details
Condition
Turnkey
Property Use
Office
Amenities
high open-truss ceilings
polished multi-functional spaces
private breakout rooms
dedicated off-street parking
Building Details
Year Built
1952
Year Renovated
2022
Buildings
1
Building Size
3,472 SF
Construction
modern-industrial
Listing Agency:
Real Broker, LLC
(855) 450-0445
Listed By:
Jena Dubon
Source:
Hoydenhomes
Added: Sep 28
Changed: Oct 29
Last Checked: Oct 28 at 6:57AM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
At 1805 E 7th Street in Austin, this freestanding theater and event property was built in 1952 and renovated in 2022. The 3,472-square-foot building has high open-truss ceilings, flexible interior areas, private breakout rooms and dedicated off-street parking. Rozco’s Comedy Club previously operated at the property.
Key Highlights
- 3,472‑square‑foot freestanding theater and event property
- Renovated in 2022; originally built in 1952
- High open‑truss ceilings and flexible interior areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,890
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,317,800
$1.3M
Cap Rate 7%
$941,286
$941.3K
Cap Rate 9%
$732,111
$732.1K
Market Conditions
NOI Build-Up for 3,742 SF
Gross rent
$97.4K $26.04/SF
− Vacancy
−$3.3K −$0.89/SF
EGI
$94.1K $25.15/SF
− OpEx
−$28.2K −$7.55/SF
NOI
$65.9K $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%
$1,317,800
Cap Rate 7%
$941,286
Cap Rate 9%
$732,111
Alternative Uses
Best Use
Retail
$941.3K
$823.6K – $1.10M
NOI $65,890 @ 7.0% cap · market cap 173,394.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.28M – $1.71M
NOI $102,646 @ 7.0% cap · market cap 270,121.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,074
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 38%
Hotels & Casinos 8%
7-Eleven
Shops & Services
11,647 visits/mo
0.3 miles
Snooze
Dining
7,293 visits/mo
0.4 miles
Speedy Stop
Shops & Services
6,035 visits/mo
0.4 miles
Hopdoddy Burger Bar
Dining
5,276 visits/mo
0.5 miles
Chase Bank
Shops & Services
4,993 visits/mo
0.3 miles
Demographics for 78702, TX
25,910
Population
14,573
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
5,182
Density / Sq Mi
$101,304
Median Household Income
$65,876
Median Earnings
$1,966
Median Rent
$644,200
Median Home Value
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
Frequently Asked Questions
What type of property is this?
Theater & concert hall - Renovated in 2022, the space combines open-truss ceilings with private breakout rooms and dedicated off-street parking.
Where is this theater & concert hall located?
The property is located at 1805 E 7th Street Austin, TX.
What are key features of this property?
This property features: 3,472‑square‑foot freestanding theater and event property; Renovated in 2022; originally built in 1952; High open‑truss ceilings and flexible interior areas
