Corner Office
For Sale
$299,000
660 S Bagdad Rd #140, Leander, TX 78641
The suite includes four private offices, a reception area, a kitchenette, and an ADA-compliant restroom.
Property Size850 SF
Price / SF$351.76
Days on Market95
Property Features for 660 S Bagdad Rd #140
General Information
Standard status
Active
Size
850 SF
Property subtype
Commercial
Additional Details
Condition
Move-in Ready
Property Use
Office
Taxes and HOA fees
Annual Taxes
$7,052
Building Details
Building Size
850 SF
Year Built
2020
Buildings
1
Tenancy
Multi
Listing Agency:
Funk Group
(512) 705-9722
Listed By:
Wade Funk · License #0641929
Source:
Devillarproperties
Added: Jul 28
Changed: Oct 29
Last Checked: Oct 29 at 6:23PM
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 Funk Group
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Investment Insights
Based on property information with market context.
This 850-square-foot office condominium was built in 2020 and is configured with four offices, including one larger room that can serve as a conference room. The layout also includes a reception area, kitchenette, and ADA restroom.
The corner unit is located at 660 S Bagdad Rd in Leander, Texas. Other occupants in the property include insurance, accounting, nutrition, therapy, and home care businesses.
The corner unit is located at 660 S Bagdad Rd in Leander, Texas. Other occupants in the property include insurance, accounting, nutrition, therapy, and home care businesses.
Key Highlights
- 850‑square‑foot office condominium
- Four offices, including one larger room suitable for conference use
- Reception area, kitchenette, and ADA restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,269
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,380
$405.4K
Cap Rate 7%
$289,557
$289.6K
Cap Rate 9%
$225,211
$225.2K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$35.7K $42.00/SF
− Vacancy
−$8.7K −$10.21/SF
EGI
$27.0K $31.79/SF
− OpEx
−$6.8K −$7.95/SF
NOI
$20.3K $23.85/SF
Area
Williamson County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,380
Cap Rate 7%
$289,557
Cap Rate 9%
$225,211
Alternative Uses
Best Use
Office B
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.3K
$310.9K – $414.5K
NOI $24,872 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 78641, TX
83,426
Population
33,118
Households
2.5
Avg Household Size
36
Median Age
51%
College-Educated
95%
High-School Grad
124.4 sq mi
ZIP Area
671
Density / Sq Mi
$131,421
Median Household Income
$61,185
Median Earnings
$1,873
Median Rent
$453,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes four private offices, a reception area, a kitchenette, and an ADA-compliant restroom.
Where is this office unit located?
The property is located at 660 S Bagdad Rd #140 Leander, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 850‑square‑foot office condominium; Four offices, including one larger room suitable for conference use; Reception area, kitchenette, and ADA restroom
