Retail and Office
For Sale
Contact for pricing
6114 South 1st Street, Austin, TX 78745
For sale mixed office and retail space in Austin, offering flexibility for a range of commercial users.
Property Size7,418 SF
Price / SF$419.99
Days on Market52
Property Features for 6114 South 1st Street
General Information
Standard status
Active
Size
7,418 SF
Property subtype
Retail, Office
Building Details
Year Built
1987
Listing Agency:
ParaSell Inc
Listed By:
Scott Reid · License #9009637
Source:
Crexi
Added: Jun 15
Changed: Jul 10
Last Checked: Jul 24 at 5:52PM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This for-sale property is configured as a mixed commercial asset, with office units/spaces combined with retail space. The total property size is 7,418 square feet, providing a straightforward footprint for tenants, owner-operators, or buyers looking for an adaptable commercial layout under one ownership.
The property is located at 6114 South 1st Street in Austin, Texas 78745. It is presented as part of a full offering package, with the transaction offered for sale at a listed price of $3,115,500, per the available information.
From a tenant and buyer standpoint, the blended office and retail mix can support a variety of operating models, such as service-driven office users alongside customer-facing retail operations. For an owner-occupant, the configuration may allow consolidation of business functions where part of the space can be used for office work while other areas are suited for retail-style presentation. As always, prospective occupants and buyers should review the offering materials for unit-level details, current configuration, and any additional terms that may affect use.
The property is located at 6114 South 1st Street in Austin, Texas 78745. It is presented as part of a full offering package, with the transaction offered for sale at a listed price of $3,115,500, per the available information.
From a tenant and buyer standpoint, the blended office and retail mix can support a variety of operating models, such as service-driven office users alongside customer-facing retail operations. For an owner-occupant, the configuration may allow consolidation of business functions where part of the space can be used for office work while other areas are suited for retail-style presentation. As always, prospective occupants and buyers should review the offering materials for unit-level details, current configuration, and any additional terms that may affect use.
Key Highlights
- Mixed office and retail space for sale in Austin
- Built in 1987
- Designed to offer flexibility for a range of commercial users
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 | $193.2k | $26.04 |
| − Vacancy | −$6.6k | −$0.89 |
| EGI | $186.6k | $25.15 |
| − OpEx | −$56.0k | −$7.55 |
| NOI | $130.6k | $17.61 |
7,418 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.87M
$1.63M – $2.18M
NOI $130,618 @ 7.0% cap · market cap 4.19%
Second Best
Office B
$1.76M
$1.54M – $2.06M
NOI $123,510 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$3.10M
$2.71M – $3.62M
NOI $217,064 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
Demographics for 78745, TX
59,843
Population
31,246
Households
1.9
Avg Household Size
36
Median Age
54%
College-Educated
93%
High-School Grad
13.7 sq mi
ZIP Area
4,368
Density / Sq Mi
$84,529
Median Household Income
$56,551
Median Earnings
$1,655
Median Rent
$459,100
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - For sale mixed office and retail space in Austin, offering flexibility for a range of commercial users.
Where is this office units located?
The property is located at 6114 South 1st Street Austin, TX.
What is the asking price?
The asking price for this property is $3,115,500.
What are key features of this property?
This property features: Mixed office and retail space for sale in Austin; Built in 1987; Designed to offer flexibility for a range of commercial users
