Second-Floor Office
For Sale
$1,100,000
200-8500 Shoal Creek Boulevard, Austin, TX 78757
Professional suite suited to medical and other office-based practices in an established business setting.
Property Size3,901 SF
Price / SF$281.98
Days on Market71
Property Features for 200-8500 Shoal Creek Boulevard
General Information
Standard status
Active
Size
3,901 SF
Additional Details
Floor
2
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$20,068
Listing Agency:
JNJ REAL ESTATE INVESTMENT LLC
Listed By:
Jenny Wang
(512) 592-0280
Source:
Exprealty
Added: Jul 29
Changed: Sep 9
Last Checked: Oct 5 at 7:38PM
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 JNJ REAL ESTATE INVESTMENT LLC
Investment Insights
Based on property information with market context.
This 3,901 SF office condominium occupies the second floor of an established office development. The suite provides a functional professional-office layout that can accommodate medical, legal, accounting, counseling, insurance, technology, and other office users. The property is positioned within a mature professional business environment and includes ample parking.
Access to Highway 183, MoPac, and Loop 360 supports connectivity throughout North Central Austin. The condominium is located at 200-8500 Shoal Creek Boulevard in Austin, Texas, providing a defined office setting for an owner-user seeking a dedicated professional workspace.
Access to Highway 183, MoPac, and Loop 360 supports connectivity throughout North Central Austin. The condominium is located at 200-8500 Shoal Creek Boulevard in Austin, Texas, providing a defined office setting for an owner-user seeking a dedicated professional workspace.
Key Highlights
- 3,901 SF professional office condominium
- Second‑floor suite within an established office development
- Functional layout for medical, legal, accounting, counseling, insurance, and technology users
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,467
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,589,340
$1.6M
Cap Rate 7%
$1,135,243
$1.1M
Cap Rate 9%
$882,967
$883.0K
Market Conditions
NOI Build-Up for 3,901 SF
Gross rent
$140.0K $35.88/SF
− Vacancy
−$34.0K −$8.72/SF
EGI
$106.0K $27.16/SF
− OpEx
−$26.5K −$6.79/SF
NOI
$79.5K $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%
$1,589,340
Cap Rate 7%
$1,135,243
Cap Rate 9%
$882,967
Alternative Uses
Best Use
Office B
$1.14M
$993.3K – $1.32M
NOI $79,467 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,007 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
7,717
Businesses Nearby
Explore this area
Business Placement
Demographics for 78757, TX
23,847
Population
11,930
Households
2
Avg Household Size
37
Median Age
68%
College-Educated
97%
High-School Grad
5.0 sq mi
ZIP Area
4,769
Density / Sq Mi
$104,946
Median Household Income
$65,886
Median Earnings
$1,661
Median Rent
$629,500
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional suite suited to medical and other office-based practices in an established business setting.
Where is this office units located?
The property is located at 200-8500 Shoal Creek Boulevard Austin, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,901 SF professional office condominium; Second‑floor suite within an established office development; Functional layout for medical, legal, accounting, counseling, insurance, and technology users
