For Sale
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5025 Mueller Blvd, Austin, TX 78723
Retail space
Property Size4,645 SF
Price / SF$490.58
Days on Market967
Property Features for 5025 Mueller Blvd
General Information
Standard status
Active
Size
4,645 SF
Property subtype
Retail
Zoning
MR-1
Lease Type
NNN
Investment Type
Owner/User
Building Details
Year Built
2026
Buildings
2
Units
2
Listing Agency:
Sayers Real Estate Advisors Inc
Listed By:
Jake Malone · License #TX 728554
(512) 897-3075
Source:
Crexi
Added: Jan 17, 2024
Changed: Sep 8
Last Checked: Sep 10 at 8:02AM
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 Sayers Real Estate Advisors Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Highly visible location at the signalized intersection of 51st St and Mueller Blvd, a main entrance to the neighborhood.
- Two separate commercial spaces available: 2,170 and 2,475 square feet, offering flexibility.
- Suitable for various uses: restaurant, retailer, or owner/user.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$81,790
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,635,800
$1.6M
Cap Rate 7%
$1,168,429
$1.2M
Cap Rate 9%
$908,778
$908.8K
Market Conditions
NOI Build-Up for 4,645 SF
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.
Gross rent
$121.0K $26.04/SF
− Vacancy
−$4.1K −$0.89/SF
EGI
$116.8K $25.15/SF
− OpEx
−$35.1K −$7.55/SF
NOI
$81.8K $17.61/SF
Area
Austin, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,635,800
Cap Rate 7%
$1,168,429
Cap Rate 9%
$908,778
Alternative Uses
Best Use
Retail
$1.17M
$1.02M – $1.36M
NOI $81,790 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,415 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,735
Businesses Nearby
363k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 41%
Shops & Services 31%
Dining 27%
Hotels & Casinos 1%
H-E-B
Groceries
107,811 visits/mo
0.4 miles
PetSmart
Shops & Services
24,163 visits/mo
0.5 miles
H-E-B Fuel
Shops & Services
22,576 visits/mo
0.3 miles
Exxon
Shops & Services
21,371 visits/mo
0.2 miles
Total Wine & More
Groceries
17,642 visits/mo
0.5 miles
Demographics for 78723, TX
34,522
Population
17,065
Households
2
Avg Household Size
35
Median Age
56%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,862
Density / Sq Mi
$87,978
Median Household Income
$54,769
Median Earnings
$1,478
Median Rent
$513,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
Where is this retail space located?
The property is located at 5025 Mueller Blvd Austin, TX.
What is the asking price?
The asking price for this property is $2,278,750.
What are key features of this property?
This property features: Highly visible location at the signalized intersection of 51st St and Mueller Blvd, a main entrance to the neighborhood.; Two separate commercial spaces available: **2,170 and 2,475 square feet, offering flexibility.**; Suitable for various uses: restaurant, retailer, or owner/user.
