Office Condo with Natural
For Sale
Contact for pricing
2851 Joe Dimaggio Blvd, Round Rock, TX 78665
Professional office condominium with parking and access to multiple highways.
Property Size2,500 SF
Price / SF$340
Days on Market438
Property Features for 2851 Joe Dimaggio Blvd
General Information
Standard status
Active
Size
2,500 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
Natural light
Listing Agency:
Brinegar Properties Commercial Brokerage
(512) 940-0188
Listed By:
Brentley Brinegar · License #589701
(512) 975-2243
Source:
Moodyscre
Added: Aug 14, 2025
Changed: Oct 9
Last Checked: Oct 23 at 7:38AM
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 Brinegar Properties Commercial Brokerage
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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 professional office condominium offers 2,500 square feet of workspace with natural light and ample parking. The property is located at 2851 Joe Dimaggio Blvd in Round Rock, with connections to Hwy 79, Hwy 620, IH-35, SH-45, and SH-130.
The office configuration suits users seeking a dedicated commercial setting with convenient roadway access and on-site parking.
The office configuration suits users seeking a dedicated commercial setting with convenient roadway access and on-site parking.
Key Highlights
- 2,500 square feet of professional office space
- Office condominium format
- Natural light throughout the workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,769
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,380
$795.4K
Cap Rate 7%
$568,129
$568.1K
Cap Rate 9%
$441,878
$441.9K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$75.0K $30.00/SF
− Vacancy
−$22.0K −$8.79/SF
EGI
$53.0K $21.21/SF
− OpEx
−$13.3K −$5.30/SF
NOI
$39.8K $15.91/SF
Area
Round Rock, TX
Vacancy
29.30%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$795,380
Cap Rate 7%
$568,129
Cap Rate 9%
$441,878
Alternative Uses
Best Use
Office B
$568.1K
$497.1K – $662.8K
NOI $39,769 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$792.0K
$693.0K – $924.0K
NOI $55,440 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 78665, TX
61,577
Population
24,678
Households
2.5
Avg Household Size
35
Median Age
52%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
2,555
Density / Sq Mi
$117,240
Median Household Income
$58,138
Median Earnings
$1,945
Median Rent
$438,700
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 Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Professional office condominium with parking and access to multiple highways.
Where is this office unit located?
The property is located at 2851 Joe Dimaggio Blvd Round Rock, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,500 square feet of professional office space; Office condominium format; Natural light throughout the workspace
