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Creative Office Building with Two Lobbies
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800 Brazos St, Austin, TX 78701

Renovated 2023 office suites with creative finishes, 24/7 HVAC, and on-site restaurant, showers, and bike storage.

Property Size1,390 SF
Price / SF$250
Days on Market113

Property Features for 800 Brazos St

General Information

Standard status Active
Size 1,390 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 a Shuffleboard Table
24/7 HVAC Service
High-end Creative Finishes
Flexible Floor Plans
Spec Suites Available
Exposed Ceiling Deck and HVAC Duct-work

Building Details

Year Built 1949
Year Renovated 2023
Listing Agency: Equitable Commercial Realty (ECR)
Listed By: Sean Couey · License #744757
Source: Moodyscre
Added: Jul 15 Changed: Oct 25 Last Checked: Nov 3 at 6:28AM

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 creative office building offers two high-quality lobbies and flexible floor plans, including spec suites. The space includes high-end creative finishes with exposed ceiling deck and HVAC duct-work, plus an on-site restaurant, break room facility, and break-out areas featuring a shuffleboard table. Tenants also benefit from on-site showers and lockers, bike storage, and 24/7 HVAC service.

Located downtown Austin at 800 Brazos St, the building is approximately three blocks from the State of Texas Capitol Building and within walking distance to dozens of restaurants and attractions. Parking rights are available in the Capitol Tower Garage, located about a half block away, with easy access to major thoroughfares.

Key Highlights

  • Office building built in 1949 and renovated in 2023
  • 24/7 HVAC service
  • Two high‑quality lobbies

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,316
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,320 $566.3K
Cap Rate 7%
$404,514 $404.5K
Cap Rate 9%
$314,622 $314.6K
Market Conditions
NOI Build-Up for 1,390 SF
Gross rent
$49.9K $35.88/SF
− Vacancy
−$12.1K −$8.72/SF
EGI
$37.8K $27.16/SF
− OpEx
−$9.4K −$6.79/SF
NOI
$28.3K $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%
$566,320
Cap Rate 7%
$404,514
Cap Rate 9%
$314,622

Alternative Uses

Best Use
Office B
$404.5K
$354.0K – $471.9K (±1% cap)
NOI $28,316 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$544.7K
$476.6K – $635.5K (±1% cap)
NOI $38,129 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Com Netix Restaurant Dr. Robert Mccarver Dental Office Austin Luxury Tours Limousine Service Fletcher Law Office, ... Law Firm Araceli Flores Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Buffet Adult Day Care Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12,087
Businesses Nearby

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
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

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Renovated 2023 office suites with creative finishes, 24/7 HVAC, and on-site restaurant, showers, and bike storage.
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 $347,500.
What are key features of this property?
This property features: Office building built in 1949 and renovated in 2023; 24/7 HVAC service; Two high‑quality lobbies
(512) 557-4754 Call to check price and availability
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