Mueller Town Center Commercial
For Sale
Contact for pricing
1808 Aldrich St, Austin, TX
Ground-floor commercial space with premier visibility in Mueller Town Center.
Property Size2,260 SF
Lot Size1.83 Acres
Price / SF$681.42
Days on Market580
Property Features for 1808 Aldrich St
General Information
Standard status
Active
Size
2,260 SF
Lot size
1.83 Acres
Property subtype
OFFICE
Listing Agency:
Sayers Real Estate Advisors
(512) 472-6100
Listed By:
Jake Malone · License #728554
(512) 897-3075
Source:
Moodyscre
Added: Mar 21, 2025
Changed: Oct 3
Last Checked: Oct 20 at 10:32PM
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 Sayers Real Estate Advisors
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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 ground-floor commercial space is situated in the heart of the Mueller Town Center. The property offers premier visibility on Aldrich Street and includes designated garage parking. The location provides convenient walking distance to over 15 restaurants, as well as the Mueller Farmers Market held on Sundays. The property has a size of 2260 square feet and has potential for SBA financing.
Key Highlights
- Premier visibility on Aldrich St
- Ground‑floor commercial space in the heart of the Mueller Town Center
- Walking distance to over 15 restaurants, as well as the Mueller Farmers Market on Sundays
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,038
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,760
$920.8K
Cap Rate 7%
$657,686
$657.7K
Cap Rate 9%
$511,533
$511.5K
Market Conditions
NOI Build-Up for 2,260 SF
Gross rent
$81.1K $35.88/SF
− Vacancy
−$19.7K −$8.72/SF
EGI
$61.4K $27.16/SF
− OpEx
−$15.3K −$6.79/SF
NOI
$46.0K $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%
$920,760
Cap Rate 7%
$657,686
Cap Rate 9%
$511,533
Alternative Uses
Best Use
Office B
$657.7K
$575.5K – $767.3K
NOI $46,038 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$885.6K
$774.9K – $1.03M
NOI $61,993 @ 7.0% cap · market cap 4.03%
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
959
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office unit - Ground-floor commercial space with premier visibility in Mueller Town Center.
Where is this office unit located?
The property is located at 1808 Aldrich St Austin, TX.
What is the asking price?
The asking price for this property is $1,540,000.
What are key features of this property?
This property features: Premier visibility on Aldrich St; Ground‑floor commercial space in the heart of the Mueller Town Center; Walking distance to over 15 restaurants, as well as the Mueller Farmers Market on Sundays
