Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7130 Chimney Cor Austin, TX 78731
    Back to Search
    Property profile & analytics

    7130 Chimney Cor Austin, TX 78731

    View on Map
    • Retail properties & Spaces
    • 8,197 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 7130 Chimney Cor

    Property size
    8,197 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Land

    Description

    This exceptional Austin retail property, located at 7130 Chimney Corners, presents a unique investment opportunity. The single-tenant building boasts a generous 8,197 square feet of space, currently vacant and ready for immediate occupancy. Situated on a sizable 0.97-acre lot (42,314 square feet), this property offers ample room for expansion, outdoor displays, or additional development. The property's zoning designation is GR - Community Commercial, allowing for a wide range of retail uses. Its convenient location in Austin, Travis County, Texas, 78731, ensures high visibility and accessibility for customers. The property is ideal for a variety of businesses seeking a prominent presence in a thriving Austin neighborhood. The large lot size provides significant flexibility for future development or expansion plans. This is a rare opportunity to acquire a substantial retail space in a prime Austin location. The property is available for lease and offers a blank canvas for a discerning tenant to create a successful retail venture. The address is easily accessible and benefits from strong local traffic patterns. This property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.761
    Latitude
    30.3582

    Comparable in this City

    • Value Estimation by Request
      0.97 Acres

      7130 Chimney Cor

      Land • 8,197 SF
      7130 Chimney Cor, Austin, TX 78731
      View Details
    • Value Estimation by Request
      16,479 SF

      8310 Capital Of Texas Hwy

      Office properties & Spaces • 16,479 SF
      8310 Capital Of Texas Hwy, Austin, TX 78731
      View Details
    • Value Estimation by Request
      16,986 SF

      3700 Jefferson St

      SHOPPING CENTER, STRIP CENTER • 16,986 SF
      3700 Jefferson St, Austin, TX 78731-6206
      View Details
    • Value Estimation by Request
      3,402 SF

      3578 Far W Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,402 SF
      3578 Far W Blvd, Austin, TX 78731
      View Details
    • Value Estimation
      $1,400,000
      1,772 SF

      3447 Northland Dr

      RETAIL STORES (PERSONAL SERVICES) • 1,772 SF
      3447 Northland Dr, Austin, TX 78731-4926
      View Details
    • Value Estimation by Request
      2,400 SF

      3324 Northland Dr

      CONVENIENCE STORE • 2,400 SF
      3324 Northland Dr, Austin, TX 78731-4934
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Central Austin Mixed-Use Asset

      Mixed-use retail and office asset in the heart of Austin.
      3500 Jefferson St, Austin, TX 78731
      View Details
    • $16,000,000

      Mount Bonnell Road Land Opportunity

      Land available on Mount Bonnell Road in Austin, Texas.
      3412 Mount Bonnell Rd, Austin, TX 78731
      View Details
    • $7,900,000

      Approved Office Development Site

      10.112-acre site approved for 110,000 sq ft office space.
      6601 N Capital Of Texas Hwy, Austin, TX 78731
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,466 SF

      Retail Space Available For Lease

      Retail space available for lease in Austin, Texas.
      3500 Jefferson St, Austin, TX 78731
      View Details
    • Contact for pricing
      10,048 SF

      Mixed-Use Development with Office, Retail

      75-acre development featuring office, retail, residential, and green space.
      4301 Bull Creek Rd, Austin, TX 78731
      View Details
    • Contact for pricing
      7,429 SF

      Retail Space Near High-Volume Anchor

      Retail space anchored by H-E-B with excellent access.
      7028 Wood Hollow Dr, Austin, TX 78731
      View Details
    • $16 SF/Yr
      5,566 SF

      Mopac Expy Office Sublease Opportunity

      Austin Office Space: Flexible Sublease
      7320 N Mopac Expy, Austin, TX 78731
      View Details
    • Contact for pricing
      4,255 SF

      Renovated Office Space with Fitness Center

      Office space with renovated common areas and new fitness center.
      3701 Executive Center Dr, Austin, TX 78731
      View Details
    • $19 SF/Yr

      Spacious Office with Natural Light

      Entire second floor office space with abundant natural light.
      5912 Balcones Dr, Austin, TX 78731
      View Details
    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.
    7130 Chimney Cor
    Austin, TX 78731
    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

    Thank You for Inquiry
    7130 Chimney Cor, Austin, TX, 78731
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!