Renovated Downtown Office
For Sale
Contact for pricing
800 Brazos St, Austin, TX 78701
Renovated in 2023 with two lobbies, an on-site restaurant, and flexible office floor plans.
Property Size3,574 SF
Price / SF$300
Days on Market107
Property Features for 800 Brazos St
General Information
Standard status
Active
Size
3,574 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Downtown
Amenities
two high-quality lobbies
on-site restaurant
on-site showers & lockers
bike storage
break room facility
break-out areas with shuffleboard table
24/7 HVAC service
exposed ceiling deck and HVAC duct-work
Building Details
Year Built
1949
Year Renovated
2023
Listing Agency:
Equitable Commercial Realty (ECR)
(512) 505-0000
Listed By:
Sean Couey
(512) 557-4754
Source:
Moodyscre
Added: Jul 15
Changed: Oct 26
Last Checked: Oct 28 at 12:13PM
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 Equitable Commercial Realty (ECR)
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Investment Insights
Based on property information with market context.
Built in 1949 and renovated in 2023, this downtown office building offers two high-quality lobbies and flexible floor plan options, including spec suites. Interior features include exposed ceiling deck and HVAC duct-work, along with high-end creative finishes designed for modern office use.
The property includes an on-site restaurant, break room and break-out areas with a shuffleboard table, and on-site showers and lockers. Amenities also include bike storage and 24/7 HVAC service. Parking rights are provided in the Capitol Tower Garage, located about a half block away.
With convenient access to major thoroughfares and a walkable setting, the building is approximately three blocks from the State of Texas Capitol Building and within walking distance to numerous restaurants and attractions.
The property includes an on-site restaurant, break room and break-out areas with a shuffleboard table, and on-site showers and lockers. Amenities also include bike storage and 24/7 HVAC service. Parking rights are provided in the Capitol Tower Garage, located about a half block away.
With convenient access to major thoroughfares and a walkable setting, the building is approximately three blocks from the State of Texas Capitol Building and within walking distance to numerous restaurants and attractions.
Key Highlights
- Built in 1949 and renovated in 2023
- Two high‑quality lobbies
- On‑site restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,805
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,456,100
$1.5M
Cap Rate 7%
$1,040,071
$1.0M
Cap Rate 9%
$808,944
$808.9K
Market Conditions
NOI Build-Up for 3,574 SF
Gross rent
$128.2K $35.88/SF
− Vacancy
−$31.2K −$8.72/SF
EGI
$97.1K $27.16/SF
− OpEx
−$24.3K −$6.79/SF
NOI
$72.8K $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%
$1,456,100
Cap Rate 7%
$1,040,071
Cap Rate 9%
$808,944
Alternative Uses
Best Use
Office B
$1.04M
$910.1K – $1.21M
NOI $72,805 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,037 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
12,087
Businesses Nearby
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Business Placement
Demographics for 78701, TX
11,625
Population
8,021
Households
1.4
Avg Household Size
38
Median Age
81%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
7,750
Density / Sq Mi
$154,867
Median Household Income
$106,932
Median Earnings
$2,732
Median Rent
$653,600
Median Home Value
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Market
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office unit - Renovated in 2023 with two lobbies, an on-site restaurant, and flexible office floor plans.
Where is this office unit located?
The property is located at 800 Brazos St Austin, TX.
What is the asking price?
The asking price for this property is $1,072,200.
What are key features of this property?
This property features: Built in 1949 and renovated in 2023; Two high‑quality lobbies; On‑site restaurant
