Corner Office
For Sale
$310,000
660 S Bagdad Rd #140, Leander, TX 78641
Four offices, reception area, kitchenette, and ADA restroom support small-business operations.
Property Size850 SF
Price / SF$364.71
Days on Market8
Property Features for 660 S Bagdad Rd #140
General Information
Standard status
Active
Size
850 SF
Property subtype
Commercial
Additional Details
Office Units
1
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 #641929
Source:
Buttross
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 4 at 7:01AM
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
Investment Insights
Based on property information with market context.
This 850-square-foot office condo is a corner unit completed in 2020 and presented in move-in-ready condition. The interior includes four private offices, with one larger room that can serve as a conference room, along with a reception area, kitchenette, and ADA restroom.
The configuration provides a practical setting for a small office operation, combining individual work areas with shared administrative and meeting space. Its office-focused layout and recently built improvements offer a straightforward alternative for an owner-user seeking a dedicated commercial workspace.
The configuration provides a practical setting for a small office operation, combining individual work areas with shared administrative and meeting space. Its office-focused layout and recently built improvements offer a straightforward alternative for an owner-user seeking a dedicated commercial workspace.
Key Highlights
- 850 square feet of office space
- Corner office condo completed in 2020
- Four offices, including one larger room suitable for conferences
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 | $35.7k | $42.00 |
| − Vacancy | −$8.7k | −$10.21 |
| EGI | $27.0k | $31.79 |
| − OpEx | −$6.8k | −$7.95 |
| NOI | $20.3k | $23.85 |
850 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 6.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.3K
$310.9K – $414.5K
NOI $24,872 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Four offices, reception area, kitchenette, and ADA restroom support small-business operations.
Where is this office units 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 $310,000.
What are key features of this property?
This property features: 850 square feet of office space; Corner office condo completed in 2020; Four offices, including one larger room suitable for conferences
