Ground-Floor Retail
For Sale
$450,000
2235 E 6th St #106, Austin, TX 78702
The unit is part of a mixed-use development with residential and commercial components.
Property Size721 SF
Price / SF$624.13
Days on Market185
Property Features for 2235 E 6th St #106
General Information
Standard status
Active
Size
721 SF
Property subtype
Commercial
Site & Location
Neighborhood
Holly
Additional Details
Floor
Ground
Taxes and HOA fees
Annual Taxes
$8,539
Building Details
Building Size
721 SF
Year Built
2007
Buildings
1
Listing Agency:
DeVillar Properties
Listed By:
George DeVillar
(512) 639-0258
Source:
Devillarproperties
Added: Apr 23
Changed: Oct 23
Last Checked: Oct 23 at 5:46PM
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 DeVillar Properties
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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 retail condominium is located within a development that combines residential and commercial uses. The property was built in 2007.
The unit is at 2235 E 6th St #106 in Austin, Texas.
The unit is at 2235 E 6th St #106 in Austin, Texas.
Key Highlights
- Ground‑floor retail condominium unit
- Located in a development with residential and commercial uses
- 2235 E 6th St #106, Austin, TX 78702
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,696
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,920
$253.9K
Cap Rate 7%
$181,371
$181.4K
Cap Rate 9%
$141,067
$141.1K
Market Conditions
NOI Build-Up for 721 SF
Gross rent
$18.8K $26.04/SF
− Vacancy
−$638 −$0.89/SF
EGI
$18.1K $25.15/SF
− OpEx
−$5.4K −$7.55/SF
NOI
$12.7K $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%
$253,920
Cap Rate 7%
$181,371
Cap Rate 9%
$141,067
Alternative Uses
Best Use
Retail
$181.4K
$158.7K – $211.6K
NOI $12,696 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$282.5K
$247.2K – $329.6K
NOI $19,778 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,292
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Shops & Services 36%
Dining 9%
Hotels & Casinos 4%
H-E-B
Groceries
58,141 visits/mo
0.4 miles
7-Eleven
Shops & Services
11,647 visits/mo
0.2 miles
P. Terry's Burger Stand
Dining
8,314 visits/mo
0.2 miles
AutoZone
Shops & Services
7,413 visits/mo
0.4 miles
Valero Energy
Shops & Services
5,981 visits/mo
0.2 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
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Market
Vacancy Rate% for Retail in Austin, TX
Frequently Asked Questions
What type of property is this?
Retail space - The unit is part of a mixed-use development with residential and commercial components.
Where is this retail space located?
The property is located at 2235 E 6th St #106 Austin, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Ground‑floor retail condominium unit; Located in a development with residential and commercial uses; 2235 E 6th St #106, Austin, TX 78702
