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Freestanding Office/Retail Building IH-35 Frontage

4507 North Interstate Highway 35 Austin, TX 78722

4507 North Interstate Highway 35, Austin, TX, 78722
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4,753 SF building with IH-35 frontage in North-Central Austin.

Property Size4,753 SF
Price / SF$694.30
AddedMay 21
Days on Market56
Last RefreshJul 13 at 3:31 am

Property Features for 4507 North Interstate Highway 35

General Information

Standard status
Active
Size
4,753 SF
Property subtype
Retail, Office, Special Purpose

Listing office Don Quick & Associates Inc

Listing date May 21, 2026

Source Crexi

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 Don Quick & Associates Inc


Investment Insights

Based on property information with market context.

This freestanding 4,753 SF office/retail building is located in North-Central Austin and features IH-35 frontage. The single-story floor plan includes a reception area, four large open work areas, two private offices, a large conference room, a fully-equipped breakroom, and two restrooms, one of which has a shower. A rear deck with a storage shed is also included. The interior has been recently renovated with new LVP flooring, fresh paint, and updated kitchen finishes. On-site surface parking is available. Lighted pylon signage provides two-way IH-35 visibility. The property offers direct access to Airport Boulevard and is located minutes from Downtown Austin, the Mueller redevelopment, and UT. Situated on the east side of the highway in the North-Central submarket, this property is suited for professional services, medical or dental conversion, creative office, or retail showroom users needing a visible address with parking and direct interstate exposure. The location is highly visible near the Mueller Development on the east side of IH-35 at 35 and Airport.

Key Highlights

  • High visibility IH‑35 frontage with lighted pylon signage.
  • Recently renovated interior with new LVP flooring and updated kitchen.
  • 4,753 SF freestanding building suitable for office, retail, medical, or showroom use.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $170.5k $35.88
− Vacancy −$41.4k −$8.72
EGI $129.1k $27.16
− OpEx −$32.3k −$6.79
NOI $96.8k $20.37
4,753 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,823 @ 7.0% cap · market cap 2.93%
Second Best
Retail
$1.20M
$1.05M – $1.39M (±1% cap)
NOI $83,692 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,378 @ 7.0% cap · market cap 3.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

HVAC Service Electrical Service Law Firm Real Estate Agency Accounting Firm (Bike/Boat/Book/etc) Store Spa & Massage Center Computer & Electronic Repair Storage Facility Home Appliance Store

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

FAQs

What type of property is this?
Office building - 4,753 SF building with IH-35 frontage in North-Central Austin.
Where is this office building located?
The property is located at 4507 North Interstate Highway 35 Austin, TX.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: High visibility IH‑35 frontage with lighted pylon signage.; Recently renovated interior with new LVP flooring and updated kitchen.; **4,753 SF freestanding building suitable for office, retail, medical, or showroom use.**
Contact an agent
(512) 814-1825 Call to check price and availability
More about this property
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