Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ground Floor Retail Space Available Title is generated by Realmo AI

    3515 MANOR ROAD, Austin, TX 78723

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    2,000 SF retail space beneath upcoming multi-family development.

    Type:Commercial
    Property size:
    2,000 SF
    Added:
    Apr 8, 2026
    Days on Market:
    46
    Last Refresh:
    Apr 3 at 5:01 am

    Property Features for 3515 MANOR ROAD

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Chris Plumpe
    Chris Plumpe

    Listing agent Chris Plumpe License #TX#680404

    Listing office The Weitzman Group | Austin

    Listing date Apr 8, 2026

    Source Weitzmangroup

    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 The Weitzman Group | Austin

    HighLights

    • Located at the controlled intersection of Manor Road and Berkman/Franklin, a main access point to the Mueller Development.
    • 2,000 SF ground floor retail space.
    • Situated beneath a new 5‑story multi‑family development scheduled for delivery by end of 2025.
    • Access to the bustling 700‑acre Mueller Development with over 14,000 residents and 11,000 employees.
    • 2 Miles from I‑35 and UT Campus.
    • 3 Miles from downtown Austin.

    Overview

    This property offers 2,000 square feet of ground floor retail space. It is located beneath a new 5-story multi-family development scheduled for delivery by the end of 2025. The property is situated at the controlled intersection of Manor Road and Berkman/Franklin, a main access point to the 700-acre Mueller Development, which hosts over 14,000 residents and 11,000 employees. The location is 2 miles from I-35 and the University of Texas campus, and 3 miles from downtown Austin.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.6987159
    Latitude
    30.2886882

    Nearby Similar for Lease

    • $6,500/Mo

      East Austin Commercial Space Available

      Flexible commercial space with parking in vibrant East Austin.
      1901 E 12th ST, Austin, TX 78702
      View Details
    • $5,000/Mo

      Renovated Commercial Space with Yard

      Adaptable 2,342 SF commercial space with outdoor area in Austin.
      2008 E 12th ST, Austin, TX 78702
      View Details
    • $1,200/Mo
      301 SF

      Customizable Office Space with Amenities

      Private corner unit with water source, amenities, and lake views.
      4229 N FM 620 Rd 208, Austin, TX 78734
      View Details
    • $5,000/Mo
      3,200 SF

      Highway 290 Commercial Flex Space

      Versatile commercial space with excellent frontage and high traffic counts.
      9219 Highway 290 W, Austin, TX 78736
      View Details
    • $6,500/Mo
      3,200 SF

      Highway 290 Commercial Flex Space

      Versatile 3,200 SF space with high visibility and ample parking.
      9221 Highway 290 W, Austin, TX 78736
      View Details
    • $129-$5,536/Mo
      11-1,292 SF

      Arboretum Plaza

      9442 Plz 1, Unit 500, Austin, TX 78759
      View Details
    • Sponsored
      $129-$9,323/Mo
      11-1,292 SF

      TX, Austin- Westview

      316 12Th St, Unit 4TH, Austin, TX 78701
      View Details
    • $129-$7,442/Mo
      11-1,292 SF

      Spaces 111 Congress

      111 Congress Ave, Unit 500, Austin, TX 78701
      View Details
    • $129-$8,626/Mo
      11-1,292 SF

      Barton Springs

      901 Mo Pac Expy, Unit 1, Austin, TX 78746
      View Details
    • Sponsored
      $129-$6,706/Mo
      11-1,292 SF

      Aspen Lake One

      13785 Research Blvd, Unit 125, Austin, TX 78750
      View Details
    • $129-$6,042/Mo
      11-1,292 SF

      Lamar Central

      3800 Lamar Blvd, Unit 200, Austin, TX 78756
      View Details
    • $129-$5,906/Mo
      11-1,292 SF

      Dobie Center

      2021 Guadalupe St, Unit 260, Austin, TX 78705
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,000 SF retail space beneath upcoming multi-family development.
    Where is this retail space located?
    The property is located at 3515 MANOR ROAD Austin, TX.
    What are key features of this property?
    This property features: Located at the controlled intersection of Manor Road and Berkman/Franklin, a main access point to the Mueller Development.; 2,000 SF ground floor retail space.; Situated beneath a new 5‑story multi‑family development scheduled for delivery by end of 2025.
    (512) 482-6129
    We can help!
    Listing Contact
    Chris Plumpe
    Chris Plumpe
    Real Estate License ID: TX#680404
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3515 MANOR ROAD, Austin, TX 78723
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!