Zoned C-1 Office/Retail
For Sale
Contact for pricing
2900 Jazz St, Round Rock, TX 78664
For-sale office building on 1.285 acres with C-1 zoning and SH-45 tollway frontage.
Property Size11,000 SF
Lot Size1.29 Acres
Price / SF$329
Days on Market1093
Property Features for 2900 Jazz St
General Information
Standard status
Active
Size
11,000 SF
Lot size
1.29 Acres
Property subtype
OFFICE
Zoning
C-1
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Brinegar Properties Commercial Brokerage
(512) 940-0188
Listed By:
Brentley Brinegar · License #589701
(512) 975-2243
Source:
Moodyscre
Added: Nov 6, 2023
Changed: Oct 25
Last Checked: Nov 1 at 2:51AM
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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Investment Insights
Based on property information with market context.
This for-sale office building totals 11,000 square feet on 1.285 acres and is zoned C-1. The zoning designation allows a broad mix of uses including office, retail, childcare, microbrewery, and indoor entertainment, among others. Parking is supported by a 1:166 SF parking ratio.
The property has frontage along SH-45 Tollway, providing convenient visibility and access for commercial activity. The address is 2900 Jazz St, Round Rock, TX 78664.
The property has frontage along SH-45 Tollway, providing convenient visibility and access for commercial activity. The address is 2900 Jazz St, Round Rock, TX 78664.
Key Highlights
- Zoned C‑1, allowing office, retail, childcare, microbrewery, and indoor entertainment uses
- SH‑45 Tollway frontage for high‑visibility access
- 11,000 SF building on 1.285 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$174,983
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,499,660
$3.5M
Cap Rate 7%
$2,499,757
$2.5M
Cap Rate 9%
$1,944,256
$1.9M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$330.0K $30.00/SF
− Vacancy
−$96.7K −$8.79/SF
EGI
$233.3K $21.21/SF
− OpEx
−$58.3K −$5.30/SF
NOI
$175.0K $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%
$3,499,660
Cap Rate 7%
$2,499,757
Cap Rate 9%
$1,944,256
Alternative Uses
Best Use
Office B
$2.50M
$2.19M – $2.92M
NOI $174,983 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.48M
$3.05M – $4.07M
NOI $243,936 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Explore this area
Business Placement
Demographics for 78664, TX
60,287
Population
24,259
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
90%
High-School Grad
16.6 sq mi
ZIP Area
3,632
Density / Sq Mi
$85,919
Median Household Income
$45,700
Median Earnings
$1,645
Median Rent
$317,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - For-sale office building on 1.285 acres with C-1 zoning and SH-45 tollway frontage.
Where is this office building located?
The property is located at 2900 Jazz St Round Rock, TX.
What is the asking price?
The asking price for this property is $3,619,000.
What are key features of this property?
This property features: Zoned C‑1, allowing office, retail, childcare, microbrewery, and indoor entertainment uses; SH‑45 Tollway frontage for high‑visibility access; 11,000 SF building on 1.285 acres
