Coworking
For Sale
Contact for pricing
3001-100c S Lamar Boulevard S #100-c, Austin, TX 78704
Serves freelancers, startups, creative entrepreneurs, and small businesses across a range of industries.
Property Size45,000 SF
Price / SF$0.06
Days on Market80
Property Features for 3001-100c S Lamar Boulevard S #100-c
General Information
Standard status
Active
Size
45,000 SF
Property subtype
Office
Site & Location
Neighborhood
South Lamar
Building Details
Year Built
1985
Listing Agency:
Newcastle Homes
(512) 454-4600
Listed By:
Dan Brickley
(512) 773-1115
Source:
Dukesresidential
Added: Aug 12
Changed: Oct 29
Last Checked: Oct 29 at 2:51PM
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 Newcastle Homes
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 45,000-square-foot coworking property at 3001-100c S Lamar Boulevard S #100-c in Austin was built in 1985. Its stated member base includes freelancers, startups, creative entrepreneurs, and small businesses working in fields such as architecture, business development, marketing, and web design.
Key Highlights
- 45,000‑square‑foot coworking property
- Built in 1985
- Located at 3001‑100c S Lamar Boulevard S #100‑c, Austin, TX 78704
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$709,762
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,195,240
$14.2M
Cap Rate 7%
$10,139,457
$10.1M
Cap Rate 9%
$7,886,244
$7.9M
Market Conditions
NOI Build-Up for 45,000 SF
Gross rent
$1.35M $30.00/SF
− Vacancy
−$403.7K −$8.97/SF
EGI
$946.4K $21.03/SF
− OpEx
−$236.6K −$5.26/SF
NOI
$709.8K $15.77/SF
Area
ZIP 78704
Vacancy
29.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,195,240
Cap Rate 7%
$10,139,457
Cap Rate 9%
$7,886,244
Alternative Uses
Best Use
Office B
$10.14M
$8.87M – $11.83M
NOI $709,762 @ 7.0% cap · market cap 25,348.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.76M
$16.42M – $21.89M
NOI $1,313,548 @ 7.0% cap · market cap 46,912.43%
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
1,264
Businesses Nearby
Explore this area
Business Placement
Demographics for 78704, TX
49,197
Population
29,959
Households
1.6
Avg Household Size
34
Median Age
70%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
5,591
Density / Sq Mi
$97,160
Median Household Income
$67,527
Median Earnings
$1,755
Median Rent
$862,000
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Coworking space - Serves freelancers, startups, creative entrepreneurs, and small businesses across a range of industries.
Where is this coworking space located?
The property is located at 3001-100c S Lamar Boulevard S #100-c Austin, TX.
What are key features of this property?
This property features: 45,000‑square‑foot coworking property; Built in 1985; Located at 3001‑100c S Lamar Boulevard S #100‑c, Austin, TX 78704
