Second-Floor Office
For Sale
$1,100,000
8500 Shoal Creek Blvd Unit 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$278.76
Days on Market191
Property Features for 8500 Shoal Creek Blvd Unit 200
General Information
Standard status
Active
Size
3,946 SF
Property subtype
Commercial
Site & Location
Neighborhood
North Shoal Creek
Highway Access
Yes
Public Transit
Yes
Additional Details
Floor
2
Office Units
1
Building Details
Year Built
1972
Listing Agency:
JNJ REAL ESTATE INVESTMENT LLC
Listed By:
Jenny Wang (512) 592-0280
(512) 592-0280
Source:
Seeaustinareahouses
Added: Apr 26
Changed: Nov 1
Last Checked: Nov 1 at 5:54AM
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 JNJ REAL ESTATE INVESTMENT LLC
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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
Estimated NOI and Cap Rate
NOI / Yr
$80,383
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,607,660
$1.6M
Cap Rate 7%
$1,148,329
$1.1M
Cap Rate 9%
$893,144
$893.1K
Market Conditions
NOI Build-Up for 3,946 SF
Gross rent
$141.6K $35.88/SF
− Vacancy
−$34.4K −$8.72/SF
EGI
$107.2K $27.16/SF
− OpEx
−$26.8K −$6.79/SF
NOI
$80.4K $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%
$1,607,660
Cap Rate 7%
$1,148,329
Cap Rate 9%
$893,144
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,383 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,241 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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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
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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 unit - Professional office suite with a functional layout and access to Highway 183, MoPac, and Loop 360.
Where is this office unit located?
The property is located at 8500 Shoal Creek Blvd Unit 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
