Second-Floor Office
For Sale
$1,100,000
8500 Shoal Creek Blvd 200, Austin, TX 78757
Professional office suite with a functional layout and access to Highway 183, MoPac, and Loop 360.
Property Size3,946 SF
Price / SF$281.98
Days on Market8
Property Features for 8500 Shoal Creek Blvd 200
General Information
Standard status
Active
Size
3,946 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
2
Office Units
1
Building Details
Building Size
3,946 SF
Year Built
1972
Listing Agency:
(512) 592-0280
Listed By:
Jenny Wang
(512) 592-0280
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 5 at 12:04PM
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 Jenny Wang
Investment Insights
Based on property information with market context.
This 3,901 SF professional office condominium occupies the second floor of an established office development in North Central Austin. Built in 1972, the suite offers a functional office layout for professional users, including medical, legal, accounting, counseling, insurance, technology, and related office practices.
The property is located at 8500 Shoal Creek Blvd in Austin, with convenient access to Highway 183, MoPac, and Loop 360. The surrounding setting is described as a mature professional business environment. Walk Score is 83, Bike Score is 82, and Transit Score is 49.
The property is located at 8500 Shoal Creek Blvd in Austin, with convenient access to Highway 183, MoPac, and Loop 360. The surrounding setting is described as a mature professional business environment. Walk Score is 83, Bike Score is 82, and Transit Score is 49.
Key Highlights
- 3,901 SF professional office condominium
- Second‑floor suite in an established office development
- Functional layout for medical and other professional office users
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.0k | $35.88 |
| − Vacancy | −$34.0k | −$8.72 |
| EGI | $106.0k | $27.16 |
| − OpEx | −$26.5k | −$6.79 |
| NOI | $79.5k | $20.37 |
3,901 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.14M
$993.3K – $1.32M
NOI $79,467 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,007 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,945
Businesses Nearby
Explore this area
Business Placement
Demographics for 78757, TX
23,847
Population
11,930
Households
2
Avg Household Size
37
Median Age
68%
College-Educated
97%
High-School Grad
5.0 sq mi
ZIP Area
4,769
Density / Sq Mi
$104,946
Median Household Income
$65,886
Median Earnings
$1,661
Median Rent
$629,500
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Professional office suite with a functional layout and access to Highway 183, MoPac, and Loop 360.
Where is this office units located?
The property is located at 8500 Shoal Creek Blvd 200 Austin, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 3,901 SF professional office condominium; Second‑floor suite in an established office development; Functional layout for medical and other professional office users
