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
    Back to Search
    Property profile & analytics

    2301 Webberville Road Austin, TX

    • Bars
    • 0.47 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3792229
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 2301 Webberville Road

    Lot size
    0.47 lot acres
    Property type
    Bars
    Property subtype
    Pubs

    Description

    This exceptional 0.47-acre mixed-use property in Austin, Texas, presents a unique development opportunity. Located at 2301 Webberville Rd, in the heart of the rapidly growing Webberville Entertainment District, this site boasts a walkability score of 93, providing convenient access to East 6th, 7th, 11th, and 5th Streets. The property comprises three lots (2301 Webberville, 2301 Coronado, and 2303 Coronado) and is zoned CS-CO-MU-NP, allowing for flexible development options including hotel, retail, office, multifamily, or a combination thereof. Its prime hard corner location, alleyway access, and the upcoming expansion of Webberville Road to include bike lanes enhance its long-term appeal and accessibility. Preliminary architectural plans for a mixed-use vertical development have been explored, along with a test fit for office, hotel, and retail space. Recent Austin regulatory changes, such as the elimination of parking requirements for commercial uses and updated zoning compatibility standards, significantly increase development potential, enabling a 2:1 FAR without limitations from neighboring residential properties. With a potential buildable area of 44,000 square feet, this is the last raw land lot in the Webberville Entertainment District, situated just 1.5 miles from downtown Austin. This site represents a premier investment for developers seeking to capitalize on one of Austin's most dynamic submarkets. A due diligence package is available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.715781178874
    Latitude
    30.262286012309

    Comparable in this City

    • $1,200,000

      Austin Prime Location Opportunity

      Prime location near downtown Austin with endless possibilities.
      2510 E 7Th St, Austin, TX 78702
      View Details
    • $5,100,000
      13,183 SF

      East Austin Retail Building For Sale

      13,183 SF retail building in the heart of East Austin.
      702 Shady Ln, Austin, TX 78702
      View Details
    • $1,100,000
      947 SF

      Austin Mixed-Use Commercial Space

      Prime Austin location, 947 sq ft, $1.1M
      1212 Chicon St, Austin, TX 78702
      View Details
    • $2,350,000
      4,989 SF

      East Austin Mixed-Use Building

      Mixed-use property with retail and residential components in East Austin.
      2601 E 7Th St, Austin, TX 78702
      View Details
    • $1,850,000

      Unique East Austin Compound

      Sculptural design in Austin's Holly neighborhood with guest suite.
      2201 Garden St, Austin, TX 78702
      View Details
    • $1,100,000
      947 SF

      Mixed-Use Condominium Retail Space

      Retail space in mixed-use development on Chicon Street, Austin.
      1212 Chicon St, Austin, TX 78702
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Austin Prime Location Opportunity

      Prime location near downtown Austin with endless possibilities.
      2510 E 7Th St, Austin, TX 78702
      View Details
    • $5,100,000
      13,183 SF

      East Austin Retail Building For Sale

      13,183 SF retail building in the heart of East Austin.
      702 Shady Ln, Austin, TX 78702
      View Details
    • $1,100,000
      947 SF

      Austin Mixed-Use Commercial Space

      Prime Austin location, 947 sq ft, $1.1M
      1212 Chicon St, Austin, TX 78702
      View Details
    • $2,350,000
      4,989 SF

      East Austin Mixed-Use Building

      Mixed-use property with retail and residential components in East Austin.
      2601 E 7Th St, Austin, TX 78702
      View Details
    • $1,850,000

      Unique East Austin Compound

      Sculptural design in Austin's Holly neighborhood with guest suite.
      2201 Garden St, Austin, TX 78702
      View Details
    • $1,100,000
      947 SF

      Mixed-Use Condominium Retail Space

      Retail space in mixed-use development on Chicon Street, Austin.
      1212 Chicon St, Austin, TX 78702
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,779 SF

      Austin Retail Space - Trailhead East

      Prime East Austin Retail/Restaurant Opportunity
      5100 Bolm Rd, Austin, TX 78702
      View Details
    • Contact for pricing
      2,199 SF

      Retail Space Near Hike Trail

      Retail space under construction with hike trail access.
      31 Navasota St, Austin, TX 78702
      View Details
    • Contact for pricing
      2,683 SF

      Restaurant with Drive-Thru Infrastructure

      Free-standing restaurant with drive-thru on a corner site.
      6419 Airport Blvd, Austin, TX 78702
      View Details
    • Contact for pricing
      48,000 SF

      East Austin Executive Office Space

      Modern, sustainable office suites in vibrant East Austin.
      2422 7Th St, Austin, TX 78702
      View Details
    • Contact for pricing
      2,052 SF

      East Austin Retail Space Available

      Ground-level retail space in East Austin mixed-use development.
      1501 E 6Th St, Austin, TX 78702
      View Details
    • Contact for pricing
      2,160 SF

      Austin Airport Blvd Flex Space

      Versatile Austin warehouse/flex space available.
      830 Airport Blvd, Austin, TX 78702
      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.
    2301 Webberville Road
    Austin, TX
    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.