Professional Office
For Sale
$875,000
821 Grand Avenue PKWY #301, Pflugerville, TX 78660
A ground-level office suite includes several work areas and a private restroom.
Property Size2,278 SF
Price / SF$384.11
Days on Market8
Property Features for 821 Grand Avenue PKWY #301
General Information
Standard status
Active
Size
2,278 SF
Property subtype
Commercial
Building Details
Year Built
2006
Construction
brick
Tenancy
Multi
Listing Agency:
Watters International Realty
(512) 646-0038
Listed By:
Longhorn Realty
(512) 289-2121
Source:
Longhornrealty
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 12 at 7:37PM
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 Watters International Realty
Investment Insights
Based on property information with market context.
This office condominium is located in Parkway Professional Condominiums in Pflugerville. Its interior has several work areas, a private restroom, carpeted floors, and large windows that bring natural light into the suite. Central heating and air conditioning serve the space, which is connected to public utilities.
The brick professional complex offers surface parking and ground-level access. The property at 821 Grand Avenue Pkwy #301 was built in 2006.
The brick professional complex offers surface parking and ground-level access. The property at 821 Grand Avenue Pkwy #301 was built in 2006.
Key Highlights
- Multiple work areas and a private restroom
- Large windows, carpeted flooring, and central heating and air conditioning
- Ground‑level entry with surface parking at a brick professional complex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,320
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,086,400
$1.1M
Cap Rate 7%
$776,000
$776.0K
Cap Rate 9%
$603,556
$603.6K
Market Conditions
NOI Build-Up for 2,278 SF
Gross rent
$95.7K $42.00/SF
− Vacancy
−$23.2K −$10.21/SF
EGI
$72.4K $31.79/SF
− OpEx
−$18.1K −$7.95/SF
NOI
$54.3K $23.85/SF
Area
Travis County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,086,400
Cap Rate 7%
$776,000
Cap Rate 9%
$603,556
Alternative Uses
Best Use
Office B
$776.0K
$679.0K – $905.3K
NOI $54,320 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$952.3K
$833.2K – $1.11M
NOI $66,658 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 78660, TX
110,955
Population
44,399
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
44.6 sq mi
ZIP Area
2,488
Density / Sq Mi
$109,522
Median Household Income
$55,927
Median Earnings
$1,769
Median Rent
$369,300
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 South region
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Frequently Asked Questions
What type of property is this?
Office units - A ground-level office suite includes several work areas and a private restroom.
Where is this office units located?
The property is located at 821 Grand Avenue PKWY #301 Pflugerville, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Multiple work areas and a private restroom; Large windows, carpeted flooring, and central heating and air conditioning; Ground‑level entry with surface parking at a brick professional complex
