Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9821 N Interstate Hwy 35 Austin, TX

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    36,000 SF retail and warehouse space on Interstate Highway.

    Type:RETAIL
    Property size:
    36,000 SF
    Lot size:
    3.54 Acres
    Added:
    Nov 6, 2025
    Days on Market:
    146
    Last Refresh:
    Mar 29 at 8:43 pm

    Property Features for 9821 N Interstate Hwy 35

    General Information

    Standard status
    Active
    Size
    36,000 SF
    Lot size
    3.54 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Avery Meiteen

    Listing agent Avery Meiteen License #TX 551211

    Listing office Asterra Properties

    Listing date Nov 6, 2025

    Source Moodyscre

    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

    Overview

    Freestanding Retail Building with Warehouse

    This 36,000 square foot freestanding building features both retail and warehouse space. Approximately 21,000 square feet is dedicated to retail showrooms with 12-foot drop ceilings. The remaining 15,000 square feet comprises warehouse space with 18-foot ceilings, roll-up doors, two dock-high doors, and full HVAC. The property is located on the east side of North Interstate Highway 35, approximately 1,950 feet north of East Runberg Lane, and is outside of the flood plain. The highest and best use of the property is for an owner-user, tenant, or commercial development.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Jon Nuckels Tile — E Rundberg Ln, Austin, TX 78753
    • Uncle Gus Handyman Services of Austin — 1001 Collinwood W Dr Suite 212, Austin, TX 78753

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.7474
    Latitude
    30.2228

    Nearby Similar for Sale

    • $465,000
      1,870 SF

      Austin Duplex with Development Potential

      Duplex in Austin with development potential and seller financing.
      8507 Georgian Drive, Austin, TX 78753
      View Details
    • $380,000

      Land For Sale, Austin, TX

      Land available for sale in Austin, Texas.
      5606 1/2 Joe Sayers Avenue lot: 17, Austin, TX 78756
      View Details
    • $1,839,000
      5,034 SF

      South Austin Medical/Office Investment

      Fully leased medical/office building in South Austin with high visibility.
      9811 Austin Tx 78744 BLDG 1, Austin, TX 78744
      View Details
    • $5,750,000
      10,986 SF

      North Austin Retail Investment Opportunity

      Fully occupied retail building with strong income in prime location.
      9710 N Lamar Blvd, Austin, TX, 78753-4112
      View Details
    • $3,950,000
      14,085 SF

      Modern Retail Buildings on RR 620

      Two renovated retail buildings totaling 14,085 SF on 1.292 acres.
      9900 Ranch Rd 620, Austin, TX 78726
      View Details
    • $475,000
      962 SF

      Adaptable South Congress Commercial Space

      High-visibility live/work space ideal for retail or creative office.
      4361 Congress Ave., Austin, TX 78745
      View Details
    • $849,000

      Bouldin Creek Live/Work Storefront

      Live/work storefront in vibrant Bouldin Creek neighborhood.
      2209 S 1st St 107, Austin, TX 78704
      View Details
    • $960,000

      NNN Investment Opportunity in Austin

      Fully leased single-tenant commercial asset in North Austin.
      4603 Commercial Park Dr, Austin, TX 78724
      View Details
    • $183,000
      400 SF

      Income-Producing Commercial Condo Opportunity

      Commercial condo in West Austin, ideal for scaling a business.
      4229 N FM 620 RD 307, Austin, TX 78732
      View Details
    • $2,400,000

      Freestanding Auto Parts Retail Space

      Single tenant retail space in a high-traffic Austin location.
      3110 S Lamar Blvd, Austin, TX 78704
      View Details
    • $3,200,000
      6,877 SF

      Northwest Austin Office Condo

      Versatile office condo in a high-growth Austin submarket.
      10815 Ranch Road 2222, Austin, TX 78730
      View Details
    • $2,250,000

      Commercial Property Near Highway 290

      Unique commercial property suitable for various business ventures.
      13231 Rooster Springs RD, Austin, TX 78737
      View Details

    FAQs

    What type of property is this?
    Showroom - 36,000 SF retail and warehouse space on Interstate Highway.
    Where is this showroom located?
    The property is located at 9821 N Interstate Hwy 35 Austin, TX.
    What are key features of this property?
    This property features: 36,000 SF Freestanding Retail Building; **21,000 SF of Retail Showrooms with 12’ Drop Ceiling**; **15,000 SF Warehouse with 18’ Ceiling, Roll‑Up Doors, 2 Dock Highs, and Fully HVAC**
    (512) 231-2020
    We can help!
    Listing Contact
    Avery Meiteen
    Real Estate License ID: TX 551211
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!