Office Unit For
8820 Business Park Dr Austin, TX 78759
8820 Business Park Dr, Austin, TX, 78759
Contact for pricing
For Sale
Contact for pricing
Office unit with 1,248 square feet of space.
Property Size1,248 SF
Price / SF$392.63
Days on Market128
Property Features for 8820 Business Park Dr
General Information
- Standard status
- Active
- Size
- 1,248 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing Agency
Commercial Market Exchange
Listed by
Jennifer Varelli, CCIM · License #TX 0605537
Source
Crexi
Added: Mar 12 Checked: Jul 15 at 11:08 pm
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Investment Insights
Based on property information with market context.
This commercial real estate offering features an office unit with 1,248 square feet of space. The property is located at 8820 Business Park Dr, Austin, TX 78759.
Key Highlights
- Office Space available
- 1,248 SqFt of space
- Built in 1982
Local 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 | $44.8k | $35.88 |
| − Vacancy | −$10.9k | −$8.72 |
| EGI | $33.9k | $27.16 |
| − OpEx | −$8.5k | −$6.79 |
| NOI | $25.4k | $20.37 |
1,248 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$363.2K
$317.8K – $423.7K
NOI $25,423 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$489.0K
$427.9K – $570.6K
NOI $34,233 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Soccer Shots San ...
Child Welfare Organization
Volt 31 Massage ...
Alternative Medicine Practice
Silvaco International
(Bike/Boat/Book/etc) Store
Lee Ann Penick ...
Financial Advisor
Korey Howell Photography ...
Photography Service
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FAQs
What type of property is this?
Office units - Office unit with 1,248 square feet of space.
Where is this office units located?
The property is located at 8820 Business Park Dr Austin, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Office Space available; 1,248 SqFt of space; Built in 1982
