South Austin Office
For Sale
$1,100,000
3225 W Slaughter Ln, Austin, TX 78748
For sale office property totaling 2,510 sq. ft. at 3225 West Slaughter Lane.
Property Size3,038 SF
Price / SF$362.08
Days on Market57
Property Features for 3225 W Slaughter Ln
General Information
Standard status
Active
Size
3,038 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$22,773
Building Details
Building Size
3,038 SF
Year Built
1978
Buildings
2
Listing Agency:
Keller Williams Realty
(512) 448-4111
Listed By:
Lalo Herrera · License #0539301
Source:
Buttross
Added: Jun 29
Changed: Aug 24
Last Checked: Aug 23 at 7:37PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This offering presents a for-sale office property totaling 2,510 sq. ft. at 3225 West Slaughter Lane in Austin, Texas.
The property is listed with multiple commercial property classifications, including office buildings and office spaces, along with healthcare and retail space categories.
Offered as an investment or owner-user opportunity, the asset is positioned as an office in the South Austin area per the provided remarks.
The property is listed with multiple commercial property classifications, including office buildings and office spaces, along with healthcare and retail space categories.
Offered as an investment or owner-user opportunity, the asset is positioned as an office in the South Austin area per the provided remarks.
Key Highlights
- Office property for sale at 3225 West Slaughter Lane
- Total building size: 2,510 sq. ft.
- Year built: 1978
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,699
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,133,980
$1.1M
Cap Rate 7%
$809,986
$810.0K
Cap Rate 9%
$629,989
$630.0K
Market Conditions
NOI Build-Up for 3,038 SF
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.
Gross rent
$83.8K $27.60/SF
− Vacancy
−$2.9K −$0.94/SF
EGI
$81.0K $26.66/SF
− OpEx
−$24.3K −$8.00/SF
NOI
$56.7K $18.66/SF
Area
ZIP 78748
Vacancy
3.40%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,133,980
Cap Rate 7%
$809,986
Cap Rate 9%
$629,989
Alternative Uses
Best Use
Retail
$810.0K
$708.7K – $945.0K
NOI $56,699 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$362.3K
$317.0K – $422.7K
NOI $25,362 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$1.06M
$927.5K – $1.24M
NOI $74,199 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 22%
Groceries 20%
Apparel 8%
Randalls
Groceries
32,152 visits/mo
0.3 miles
Whataburger
Dining
22,836 visits/mo
0.2 miles
Starbucks
Dining
15,876 visits/mo
0.2 miles
Bush's Chicken
Dining
15,741 visits/mo
0.4 miles
SONIC Drive In
Dining
14,441 visits/mo
0.4 miles
Demographics for 78748, TX
55,226
Population
25,694
Households
2.1
Avg Household Size
35
Median Age
56%
College-Educated
95%
High-School Grad
14.1 sq mi
ZIP Area
3,917
Density / Sq Mi
$107,652
Median Household Income
$59,611
Median Earnings
$1,711
Median Rent
$434,100
Median Home Value
Market
Vacancy Rate% for Retail in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - For sale office property totaling 2,510 sq. ft. at 3225 West Slaughter Lane.
Where is this senior housing / retirement home located?
The property is located at 3225 W Slaughter Ln Austin, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Office property for sale at 3225 West Slaughter Lane; Total building size: 2,510 sq. ft.; Year built: 1978
