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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2601 Braker Ln Austin, TX 78758-4452

    • Grocery and convenience stores
    • 2,964 SF
    • 1.21 lot acres
    OFF-MARKET
    Value Estimations
    $555,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-1671501
    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

    • Hondu Mexi Foods / Honduran Restaurant
    • Sunoco Gas Station / Gas Station
    • Tacos el pariente #2 / Mexican Restaurant
    • La Caprichoza / Mexican Restaurant
    • Yucatán Tacos & More / Mexican Restaurant / Taco Restaurant

    Property Details for 2601 Braker Ln

    Year built
    1997
    Construction
    STEEL FRAME
    Lot size
    1.21 lot acres
    Property size
    2,964 SF
    Property type
    Grocery and convenience stores
    APN
    252080705
    APU
    252080705

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $506,000
      Market price range: $292k - $506k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $425,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7197
    Latitude
    30.3902
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $48,583
    $4,483,665
    $126,335
    $4,610,000
    -
    $4,483,665
    $126,335
    $4,610,000

    Comparable in this City

    • Value Estimation by Request
      2,800 SF

      8237 Research Blvd

      CONVENIENCE STORE • 2,800 SF
      8237 Research Blvd, Austin, TX 78758-8430
      View Details
    • Value Estimation by Request
      2,000 SF

      812 Thurmond St

      CONVENIENCE STORE • 2,000 SF
      812 Thurmond St, Austin, TX 78758-7918
      View Details
    • Value Estimation
      $2,440,000
      70,339 SF

      11920 Domain Dr

      GROCERY, SUPERMARKET • 70,339 SF
      11920 Domain Dr, Austin, TX 78758-3403
      View Details
    • Value Estimation
      $535,000
      3,002 SF

      9200 Burnet Rd

      CONVENIENCE STORE • 3,002 SF
      9200 Burnet Rd, Austin, TX 78758-5206
      View Details
    • Value Estimation by Request
      4,092 SF

      11800 Metric Blvd

      CONVENIENCE STORE • 4,092 SF
      11800 Metric Blvd, Austin, TX 78758-3147
      View Details
    • Value Estimation by Request
      4,607 SF

      1316 Braker Ln

      CONVENIENCE STORE • 4,607 SF
      1316 Braker Ln, Austin, TX 78758-3803
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,494 SF

      Retail Property on US 183

      Retail space with easy access to major highways.
      8538 Research Blvd, Austin, TX 78758
      View Details
    • $13,300,000

      Retail Property For Sale

      Retail property available for purchase in Austin, Texas.
      3310 W Braker Ln, Austin, TX 78758
      View Details
    • Contact for pricing
      0.51 Acres

      Prime Austin Retail Opportunity

      High-traffic Austin retail space for sale.
      8538 Research Blvd, Austin, TX 78758
      View Details
    • $1,055,000
      1,018 SF

      Freestanding Taco Shack in Northlake

      Absolute net lease Taco Shack with rental increase.
      12439 Metric Blvd, Austin, TX 78758
      View Details
    • Contact for pricing

      Development Opportunity in Austin, TX

      Prime infill development opportunity with approved site development permit.
      7308 Loop, Austin, TX 78758
      View Details
    • $655,600

      Spacious Duplex with Private Backyard

      Townhouse-style duplex with garage, centrally located near amenities.
      10608 Plains Trl, Austin, TX 78758
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,100 SF

      Fenced Lot with Office Space

      Retail space with frontage on Kramer Ln in Austin, TX.
      907 Kramer Ln, Austin, TX 78758
      View Details
    • Contact for pricing
      1,636 SF

      Austin Retail Space Available

      Retail space available for lease in Austin, Texas.
      9070 Research Blvd, Austin, TX 78758
      View Details
    • Contact for pricing
      7,214 SF

      Five-Story Office Building with Retail

      Office building with ground-level retail near The Domain.
      11801 Domain Dr, Austin, TX 78758
      View Details
    • Contact for pricing
      9,850 SF

      Retail Space Near Austin FC

      Freestanding retail building near Austin FC Stadium and Kramer Station.
      2420 W Braker Ln, Austin, TX 78758
      View Details
    • $16 SF/Yr
      2,000 SF

      Retail Space with High Visibility

      Retail space with great visibility and accessibility in Austin, TX.
      13717 Burnet Rd, Austin, TX 78758
      View Details
    • $17 SF/Yr
      17,726 SF

      Retail Space Near Research Boulevard

      Neighborhood retail space with high foot traffic and public transit.
      9027 Northgate Blvd, Austin, TX 78758
      View Details

    Property Visit Statistics

    • Visits by month
      18.7k
    • Visitors by month
      14.0k
    • Avg Time on site
      17 min
    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.
    2601 Braker Ln
    Austin, TX 78758-4452
    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.