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    Corner Retail Units in New Building Title is generated by Realmo AI

    610 Brashear Lane, Cedar Park, TX 78613

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    Three retail units with strong access and corner visibility in a new mixed-use development.

    Type:Retail, Office
    Property size:
    3,294 SF
    Price / SF:
    $330/SF
    Added:
    May 28, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 6 at 2:29 am

    Property Features for 610 Brashear Lane

    General Information

    Standard status
    Active
    Size
    3,294 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    2025

    We can help!

    Listing Contact
    C. Kyle Bryant
    C. Kyle Bryant

    Listing agent C. Kyle Bryant License #797018

    Listing office Fullcircle Real Estate

    Listing date May 28, 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 Fullcircle Real Estate

    HighLights

    • Year built 2025: new retail space within a mixed‑use development in Cedar Park
    • Corner location at Bagdad Road and Brashear Lane with strong ingress and egress for customers
    • Units 101‑103 available for lease, suited for single tenancy or combining for a larger footprint
    • Retail units offered in a brand‑new building with space ready for custom build‑out

    Overview

    This offering includes retail units 101 through 103 in a brand-new building within Hallmark Office Park. The space is presented as flexible for tenants, with the ability to operate as a single tenancy or combine units for a larger footprint. As described, the units are ready for custom build-out, giving new operators the opportunity to shape the interior for their specific retail concept.

    The property sits on a highly visible corner at the intersection of Bagdad Road and Brashear Lane. The layout is positioned for convenient customer access, with strong ingress and egress intended to support straightforward arrival and departure.

    For buyers and retailers looking for adaptable storefront space, units 101–103 can work for a range of small- to mid-size concepts, including those that may need adjacent space for broader merchandising or service requirements. Its corner location within a mixed-use development is designed to capture customer traffic from surrounding residential areas and nearby commercial activity referenced in the remarks, including major new developments such as the Nebraska Furniture Mart and Bell District. For more information or to schedule a private tour, contact the listing agent.

    Local Financial Insights For Retail

    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 $85.8k $26.04
    − Vacancy −$2.9k −$0.89
    EGI $82.9k $25.15
    − OpEx −$24.9k −$7.55
    NOI $58.0k $17.61
    3,294 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $828.6K
    $725.0K – $966.7K (±1% cap)
    NOI $58,002 @ 7.0% cap · market cap 5.34%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.38M
    $1.20M – $1.61M (±1% cap)
    NOI $96,388 @ 7.0% cap · market cap 8.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    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.

    Similar Places Nearby

    • Palmi's Flowers shop — 1109 Brinkley Dr, Cedar Park, TX 78613

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Park
    County
    Williamson
    State
    Texas
    Longitude
    -97.8410404
    Latitude
    30.5241267

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    FAQs

    What type of property is this?
    Storefront property - Three retail units with strong access and corner visibility in a new mixed-use development.
    Where is this storefront property located?
    The property is located at 610 Brashear Lane Cedar Park, TX.
    What is the asking price?
    The asking price for this property is $1,087,020.
    What are key features of this property?
    This property features: Year built 2025: new retail space within a mixed‑use development in Cedar Park; Corner location at Bagdad Road and Brashear Lane with strong ingress and egress for customers; Units 101‑103 available for lease, suited for single tenancy or combining for a larger footprint
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing C. Kyle Bryant
    C. Kyle Bryant
    Real Estate License ID: 797018
    Learn More
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    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.

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