Office
For Sale
Contact for pricing
904 West Ave, Austin, TX 78701
Office unit with LO zoning at a West Ave address in Austin.
Property Size741 SF
Price / SF$506.07
Days on Market545
Property Features for 904 West Ave
General Information
Standard status
Active
Size
741 SF
Property subtype
OFFICE
Zoning
LO
Listing Agency:
Skout Real Estate
(512) 595-3588
Listed By:
Roland Galang · License #0505715
(512) 791-1584
Source:
Moodyscre
Added: Apr 18, 2025
Changed: Oct 9
Last Checked: Oct 12 at 9:59PM
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 Skout Real Estate
Investment Insights
Based on property information with market context.
This 741-square-foot office unit is located at 904 West Ave in Austin, Texas. The property carries LO zoning and is offered for sale, providing a defined office asset at a recognizable Austin address.
Key Highlights
- 741 square feet of office space
- LO zoning
- Located at 904 West Ave, Austin, TX 78701
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,095
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,900
$301.9K
Cap Rate 7%
$215,643
$215.6K
Cap Rate 9%
$167,722
$167.7K
Market Conditions
NOI Build-Up for 741 SF
Gross rent
$26.6K $35.88/SF
− Vacancy
−$6.5K −$8.72/SF
EGI
$20.1K $27.16/SF
− OpEx
−$5.0K −$6.79/SF
NOI
$15.1K $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%
$301,900
Cap Rate 7%
$215,643
Cap Rate 9%
$167,722
Alternative Uses
Best Use
Office B
$215.6K
$188.7K – $251.6K
NOI $15,095 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$290.4K
$254.1K – $338.8K
NOI $20,326 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
9,720
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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 - Office unit with LO zoning at a West Ave address in Austin.
Where is this office units located?
The property is located at 904 West Ave Austin, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 741 square feet of office space; LO zoning; Located at 904 West Ave, Austin, TX 78701
