Coworking Space with Private
For Sale
$898,000
204 S Austin Street, Seguin, TX 78155
Flexible coworking environment with dedicated desks, conference space, soundproof pods, and shared refreshment amenities.
Property Size4,954 SF
Price / SF$181.27
Days on Market42
Property Features for 204 S Austin Street
General Information
Standard status
Active
Size
4,954 SF
Property subtype
CommercialSale
Additional Details
Patio
Yes
Amenities
conference room
private desk spaces
balcony
refreshment center
soundproof pods
WiFi
TVs
printing facilities
Building Details
Buildings
1
Listing Agency:
Collab-RT Realty, LLC
(830) 481-2233
Listed By:
Ryan Parker · License #9011168
(830) 481-2233
Source:
Cornerstone-properties
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 29 at 6:37PM
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 Collab-RT Realty, LLC
Investment Insights
Based on property information with market context.
This coworking property at 204 S Austin Street includes an open-concept interior with exposed brick, high ceilings, and large windows. The layout incorporates private dedicated desk areas, a conference room accommodating up to 20 people, soundproof pods, and a shared refreshment center. Existing technology infrastructure includes WiFi, TVs, and printing facilities.
An upper-level desk area overlooks Austin Street and connects to a private balcony. The property is positioned in downtown Seguin, with the address listed as 204 S Austin Street, Seguin, TX 78155. Its combination of open workspace, enclosed meeting capacity, private work areas, and outdoor space supports a range of coworking configurations.
An upper-level desk area overlooks Austin Street and connects to a private balcony. The property is positioned in downtown Seguin, with the address listed as 204 S Austin Street, Seguin, TX 78155. Its combination of open workspace, enclosed meeting capacity, private work areas, and outdoor space supports a range of coworking configurations.
Key Highlights
- Open‑concept coworking layout with exposed brick, high ceilings, and large windows
- Conference room accommodates up to 20 people
- Upper‑level private desk area overlooks Austin Street
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,052
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,421,040
$1.4M
Cap Rate 7%
$1,015,029
$1.0M
Cap Rate 9%
$789,467
$789.5K
Market Conditions
NOI Build-Up for 4,954 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$98.7K $19.92/SF
− Vacancy
−$3.9K −$0.80/SF
EGI
$94.7K $19.12/SF
− OpEx
−$23.7K −$4.78/SF
NOI
$71.1K $14.34/SF
Area
Guadalupe County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,421,040
Cap Rate 7%
$1,015,029
Cap Rate 9%
$789,467
Alternative Uses
Best Use
Specialty Retail
$1.02M
$888.2K – $1.18M
NOI $71,052 @ 7.0% cap · market cap 7.91%
Second Best
Office B
$964.5K
$844.0K – $1.13M
NOI $67,517 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $90,955 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
Explore this area
Business Placement
Demographics for 78155, TX
51,772
Population
21,791
Households
2.4
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
355.5 sq mi
ZIP Area
146
Density / Sq Mi
$71,367
Median Household Income
$38,985
Median Earnings
$1,149
Median Rent
$246,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Coworking space - Flexible coworking environment with dedicated desks, conference space, soundproof pods, and shared refreshment amenities.
Where is this coworking space located?
The property is located at 204 S Austin Street Seguin, TX.
What is the asking price?
The asking price for this property is $898,000.
What are key features of this property?
This property features: Open‑concept coworking layout with exposed brick, high ceilings, and large windows; Conference room accommodates up to 20 people; Upper‑level private desk area overlooks Austin Street
