Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    4807 Spicewood Springs Rd Austin, TX 78759

    • Office Properties & Spaces
    • 20,005 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stillhouse Canyon / Business Center
    • pain management conditions & treatments / Pain Control Clinic
    • College Choice Austin / College
    • make it so / Website Designer / Graphic Designer
    • Elizabeth Brenner, Attorney at Law / Family Law Attorney / Estate Planning Attorney

    Property Details for 4807 Spicewood Springs Rd

    Year built
    1985
    Lot size
    1.00 lot acres
    Property size
    20,005 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional Austin office property, located at 4807 Spicewood Springs Rd, offers a unique opportunity for businesses seeking flexible and modern workspace. The building, a two-story Class B structure built in 1985 and extensively renovated in 2018, boasts a total of 20,005 square feet across three suites. Individual suites range from a minimum of 524 square feet to a maximum contiguous space of 4,495 square feet, providing ample options for businesses of various sizes. Currently, 5,631 square feet is available for lease. The property sits on one acre of land in the desirable Travis County area, zip code 78759, offering convenient access to Austin's vibrant business community. The building features a 9-foot ceiling height and includes elevators for easy access to both floors. This traditional office space is ideal for companies seeking a well-maintained, updated facility with a variety of lease options. The location provides excellent visibility and accessibility, making it an attractive option for businesses looking to establish or expand their presence in Austin, Texas. Contact us today to learn more about leasing opportunities within this versatile and conveniently located office building.

    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
    -97.7638
    Latitude
    30.3765

    Comparable in this City

    • Value Estimation by Request
      48,270 SF

      8501 Mo Pac Expy

      Office Properties & Spaces • 48,270 SF
      8501 Mo Pac Expy, Austin, TX 78759
      View Details
    • Value Estimation
      $325,000
      7,568 SF

      4601 Spicewood Spgs Rd, Unit 3

      CONDOMINIUM OFFICES • 7,568 SF
      4601 Spicewood Spgs Rd, Austin, TX 78759-8598
      View Details
    • Value Estimation
      $405,000
      7,144 SF

      4100 Duval Rd Ste 3-100

      CONDOMINIUM OFFICES • 7,144 SF
      4100 Duval Rd Ste 3-100, Austin, TX 78759-4275
      View Details
    • Value Estimation
      $465,000
      8,293 SF

      11410 Jollyville Rd, Unit 3

      CONDOMINIUM OFFICES • 8,293 SF
      11410 Jollyville Rd, Austin, TX 78759-4097
      View Details
    • Value Estimation by Request
      103,309 SF

      8650 Spicewood Springs Rd

      Neighborhood centers • 103,309 SF
      8650 Spicewood Springs Rd, Austin, TX 78759
      View Details
    • Value Estimation
      $280,000
      808 SF

      11673 Jollyville Rd, Unit B-106

      CONDOMINIUM OFFICES • 808 SF
      11673 Jollyville Rd, Austin, TX 78759-4200
      View Details

    Similar Nearby for Sale

    • $295,000
      800 SF

      Austin Office Condo - Jollyville Rd

      800 sq ft Office Condo, prime location.
      9090 Jollyville Rd, Austin, TX 78759
      View Details
    • Contact for pricing
      1,384 SF

      Austin Office Space: Lease or Buy

      1,384 SF Office Suite in Prime Austin Location
      4600 Spicewood Springs Rd, Austin, TX 78759
      View Details
    • Contact for pricing
      4,889 SF

      Austin Medical Office Condo

      Spacious medical office, ideal location, for sale/lease.
      3807 Spicewood Springs Rd, Austin, TX 78759
      View Details
    • Contact for pricing
      1,384 SF

      Austin Office Space - Suite 101

      1,384 SF Office, Prime Austin Location
      4600 Spicewood Springs Rd, Austin, TX 78759
      View Details
    • $1,750,000
      2,490 SF

      Austin Office Building: Prime Location

      2,490 SF Medical/Office Building, $1.75M
      13066 Research Blvd, Austin, TX 78759
      View Details
    • $385,000
      724 SF

      Austin Office Suite - Prime Location

      724 sq ft office suite, ideal NW Hills location. Ample parking.
      4600 Spicewood Springs Rd, Suite 104, Austin, TX 78759
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,384 SF

      Austin Office Space for Lease/Sale

      Prime Austin office space, 1,000-1,384 SF, available now.
      4600 Spicewood Springs Rd, Austin, TX 78759
      View Details
    • $21 SF/Yr
      48,270 SF

      Reunion Park Office Suites in Austin

      Austin Office Space: Multiple Suites Available
      8501 Mo Pac Expy, Austin, TX 78759
      View Details
    • Contact for pricing
      57,106 SF

      Austin Executive Office Space

      Prestigious Austin office, flexible suites.
      10901 Stonelake Blvd, Austin, TX 78759
      View Details
    • $17 SF/Yr
      71,603 SF

      Austin Executive Office Suites

      Northwest Austin Office Space Available
      12710 Research Blvd, Austin, TX 78759
      View Details
    • $33 SF/Yr
      196,378 SF

      Austin Executive Office Space

      Class A Office, 29,302 SF Available
      10801 Mo Pac Expy, Austin, TX 78759
      View Details
    • $29 SF/Yr
      1,313 SF

      Austin Office Space: 723 SF Available

      Furnished Austin office sublease, free parking.
      8500 Mo Pac Expy, Austin, TX 78759
      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.
    4807 Spicewood Springs Rd
    Austin, TX 78759
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.