Office Condo with Extra
For Sale
$299,999
2911 S A W Grimes Blvd #740 and 750, Pflugerville, TX 78660
Four offices, a reception area, and an ADA restroom provide a practical layout for general office use.
Property Size880 SF
Price / SF$340.91
Days on Market384
Property Features for 2911 S A W Grimes Blvd #740 and 750
General Information
Standard status
Active
Size
880 SF
Property subtype
Commercial
Additional Details
Tenant in Place
Yes
Property Use
Office
Building Details
Building Size
880 SF
Year Built
2018
Buildings
23
Construction
Masonry
Listing Agency:
DeVillar Properties
Listed By:
George DeVillar
(512) 639-0258
Source:
Devillarproperties
Added: Oct 7, 2025
Changed: Oct 23
Last Checked: Oct 23 at 5:51PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 880-SF office condo in the Tallgrass development includes four offices, a reception area, an ADA restroom, and a coffee area with a sink. As an end unit, it has additional windows; the building has masonry on all four sides. The property was built in 2018, and Unit 750 is tenant occupied.
Common parking is available. Retail use is prohibited by the property owners association, while the space is described for general office businesses.
Common parking is available. Retail use is prohibited by the property owners association, while the space is described for general office businesses.
Key Highlights
- 880 SF office condo built in 2018
- Four offices, reception area, ADA restroom, and coffee area with sink
- End‑unit position with extra windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,984
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,680
$419.7K
Cap Rate 7%
$299,771
$299.8K
Cap Rate 9%
$233,156
$233.2K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$37.0K $42.00/SF
− Vacancy
−$9.0K −$10.21/SF
EGI
$28.0K $31.79/SF
− OpEx
−$7.0K −$7.95/SF
NOI
$21.0K $23.85/SF
Area
Travis County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,680
Cap Rate 7%
$299,771
Cap Rate 9%
$233,156
Alternative Uses
Best Use
Office B
$299.8K
$262.3K – $349.7K
NOI $20,984 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$367.9K
$321.9K – $429.2K
NOI $25,750 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Explore this area
Business Placement
Demographics for 78660, TX
110,955
Population
44,399
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
44.6 sq mi
ZIP Area
2,488
Density / Sq Mi
$109,522
Median Household Income
$55,927
Median Earnings
$1,769
Median Rent
$369,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Four offices, a reception area, and an ADA restroom provide a practical layout for general office use.
Where is this office unit located?
The property is located at 2911 S A W Grimes Blvd #740 and 750 Pflugerville, TX.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: 880 SF office condo built in 2018; Four offices, reception area, ADA restroom, and coffee area with sink; End‑unit position with extra windows
