Office Building with Two
For Sale
Contact for pricing
800 Brazos St, Austin, TX 78701
Office building renovated in 2023 with flexible floor plans, spec suites, and two high-quality lobbies.
Property Size6,507 SF
Price / SF$500
Days on Market111
Property Features for 800 Brazos St
General Information
Standard status
Active
Size
6,507 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
Spec Suites Available
Exposed Ceiling Deck and HVAC Duct-work
High-end Creative Finishes
Flexible Floor Plans
Building Details
Year Built
1949
Year Renovated
2023
Listing Agency:
Equitable Commercial Realty (ECR)
(512) 505-0000
Listed By:
Sean Couey · License #744757
(512) 557-4754
Source:
Moodyscre
Added: Jul 15
Changed: Nov 1
Last Checked: Nov 1 at 8:28AM
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.
This office building was built in 1949 and renovated in 2023, offering flexible floor plans with spec suites available. The space includes two high-quality lobbies, high-end creative finishes, and exposed ceiling deck with HVAC duct-work, creating a distinctive interior environment.
On-site amenities include an on-site restaurant, break room facility, break-out areas with a shuffleboard table, and on-site showers and lockers. Additional features include bike storage and 24/7 HVAC service.
Parking rights are located in Capitol Tower Garage, about a half block away. The building is in downtown Austin and is approximately three blocks from the State of Texas Capitol Building, within walking distance to dozens of restaurants and attractions, with easy access to major thoroughfares.
On-site amenities include an on-site restaurant, break room facility, break-out areas with a shuffleboard table, and on-site showers and lockers. Additional features include bike storage and 24/7 HVAC service.
Parking rights are located in Capitol Tower Garage, about a half block away. The building is in downtown Austin and is approximately three blocks from the State of Texas Capitol Building, within walking distance to dozens of restaurants and attractions, with easy access to major thoroughfares.
Key Highlights
- Built in 1949, renovated in 2023
- Two high‑quality lobbies
- On‑site restaurant plus showers and lockers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,553
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,651,060
$2.7M
Cap Rate 7%
$1,893,614
$1.9M
Cap Rate 9%
$1,472,811
$1.5M
Market Conditions
NOI Build-Up for 6,507 SF
Gross rent
$233.5K $35.88/SF
− Vacancy
−$56.7K −$8.72/SF
EGI
$176.7K $27.16/SF
− OpEx
−$44.2K −$6.79/SF
NOI
$132.6K $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%
$2,651,060
Cap Rate 7%
$1,893,614
Cap Rate 9%
$1,472,811
Alternative Uses
Best Use
Office B
$1.89M
$1.66M – $2.21M
NOI $132,553 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M
NOI $178,491 @ 7.0% cap · market cap 5.49%
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office building - Office building renovated in 2023 with flexible floor plans, spec suites, and two high-quality lobbies.
Where is this office building located?
The property is located at 800 Brazos St Austin, TX.
What is the asking price?
The asking price for this property is $3,253,500.
What are key features of this property?
This property features: Built in 1949, renovated in 2023; Two high‑quality lobbies; On‑site restaurant plus showers and lockers
