2401 S I-35 Frontage Rd, Austin, TX
12,313 SF building on 1.39 acres with I-35 frontage.
- Added:
- Dec 26, 2024
- Days on Market:
- 536
- Last Refresh:
- May 20 at 8:50 pm
Property Features for 2401 S I-35 Frontage Rd
General Information
- Standard status
- Active
- Size
- 12,313 SF
- Lot size
- 1.39 Acres
- Property subtype
- OFFICE
Listing agent Zach Roesinger License #733765 (512) 949-1418
Listing office RESOLUT RE - Austin (512) 949-1418
Listing date Dec 26, 2024
Source Moodyscre
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HighLights
- Downtown views and location overlooking downtown.
- Large 12,313 square foot building on 1.39 acres.
- 52 surface level parking spots.
- I35 feeder road frontage with signage options.
- Renovated in 2020‑2022 by Dick Clark architects.
- Suitable for creative office, automotive retail, or EV showroom/sales center.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $441.8k | $35.88 |
| − Vacancy | −$107.4k | −$8.72 |
| EGI | $334.4k | $27.16 |
| − OpEx | −$83.6k | −$6.79 |
| NOI | $250.8k | $20.37 |
Alternative Uses
Current Use by Public Records
Map
- City
- Austin
- County
- Hays
- State
- Texas
- Longitude
- -97.7474
- Latitude
- 30.2228