Office and Retail Space
For Sale
Contact for pricing
927 E 41st St, Austin, TX 78751
3,900 SF office and retail space for sale.
Property Size3,900 SF
Price / SF$511.54
Days on Market212
Property Features for 927 E 41st St
General Information
Standard status
Active
Size
3,900 SF
Class
B
Total Parking Spaces
10
Property subtype
Office
Zoning
GR
Lease Type
NNN
Building Details
Year Built
1980
Year Renovated
2023
Buildings
1
Stories
2
Units
5
Tenancy
Multi
Listing Agency:
Asterra Properties
Listed By:
Emmett Sweeney · License #824221
(512) 954-4497
Source:
Crexi
Added: Mar 17
Changed: Oct 13
Last Checked: Oct 12 at 7:48PM
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 Asterra Properties
Investment Insights
Based on property information with market context.
This property offers 3,900 square feet of space suitable for office and retail use. It is located in Austin, TX.
Key Highlights
- 3,900 SF of Office Space
- Built in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,446
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,588,920
$1.6M
Cap Rate 7%
$1,134,943
$1.1M
Cap Rate 9%
$882,733
$882.7K
Market Conditions
NOI Build-Up for 3,900 SF
Gross rent
$139.9K $35.88/SF
− Vacancy
−$34.0K −$8.72/SF
EGI
$105.9K $27.16/SF
− OpEx
−$26.5K −$6.79/SF
NOI
$79.4K $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%
$1,588,920
Cap Rate 7%
$1,134,943
Cap Rate 9%
$882,733
Alternative Uses
Best Use
Office B
$1.13M
$993.1K – $1.32M
NOI $79,446 @ 7.0% cap · market cap 3.98%
Second Best
Retail
$981.0K
$858.4K – $1.14M
NOI $68,672 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $106,980 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78751, TX
17,071
Population
9,966
Households
1.7
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
2.4 sq mi
ZIP Area
7,113
Density / Sq Mi
$81,657
Median Household Income
$53,330
Median Earnings
$1,627
Median Rent
$700,500
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- KeyMe Locksmiths — 2803 san jacinto blvd, austin, tx 78705
- DNSnetworks — 3300 N Interstate Hwy 35 #700, Austin, TX 78705
- Riverfront Technology Consulting — 3300 N Interstate Hwy 35 7th floor, Austin, TX 78751
Frequently Asked Questions
What type of property is this?
Office space - 3,900 SF office and retail space for sale.
Where is this office space located?
The property is located at 927 E 41st St Austin, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 3,900 SF of Office Space; Built in 1980
