Office
For Sale
Contact for pricing
7701 San Felipe, Austin, TX 78729
Available office space within a commercial property in Austin.
Property Size12,324 SF
Price / SF$283
Days on Market53
Property Features for 7701 San Felipe
General Information
Standard status
Active
Size
12,324 SF
Property subtype
Office
Site & Location
Neighborhood
Pond Springs
Listing Agency:
Austin Office Space
Listed By:
Chad Jewell · License #503052
(512) 633-7703
Source:
Crexi
Added: Sep 11
Changed: Oct 25
Last Checked: Nov 1 at 3:32AM
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 Austin Office Space
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering provides 12,324 SF of office space at 7701 San Felipe. The property is located in Austin, TX 78729, providing a defined office asset for consideration in the local commercial market.
Key Highlights
- 12,324 SF of available office space
- Located at 7701 San Felipe in Austin, TX 78729
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$251,051
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,021,020
$5.0M
Cap Rate 7%
$3,586,443
$3.6M
Cap Rate 9%
$2,789,456
$2.8M
Market Conditions
NOI Build-Up for 12,324 SF
Gross rent
$442.2K $35.88/SF
− Vacancy
−$107.5K −$8.72/SF
EGI
$334.7K $27.16/SF
− OpEx
−$83.7K −$6.79/SF
NOI
$251.1K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,021,020
Cap Rate 7%
$3,586,443
Cap Rate 9%
$2,789,456
Alternative Uses
Best Use
Office B
$3.59M
$3.14M – $4.18M
NOI $251,051 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.83M
$4.23M – $5.63M
NOI $338,055 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,360
Businesses Nearby
Explore this area
Business Placement
Demographics for 78729, TX
31,829
Population
15,717
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
3,248
Density / Sq Mi
$81,589
Median Household Income
$54,271
Median Earnings
$1,613
Median Rent
$434,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office building - Available office space within a commercial property in Austin.
Where is this office building located?
The property is located at 7701 San Felipe Austin, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 12,324 SF of available office space; Located at 7701 San Felipe in Austin, TX 78729
