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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Office buildings
5501 William Cannon Dr Austin, TX 78749-2034
Entity Owned
Free & Clear
Property ID
US82-2757291
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
10,686 SF
Lot
2.93 ac (127,457 SF)
APN
410340556
UPID
US82-2757291
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
BPI-Bauerle Partners, Inc. Construction Company
-
Carlson Brigance & Doering Inc Civil Engineer
-
Help Me James (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$948k
Blend (final)
Blend
$695k
Owner & transaction history
Arroyo Cap Vi-1 LLC
Arroyo Cap Vi-1 LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,125,000
Change: -4% · Conversion: Easy
RESTAURANT
$1,060,000
Change: -10% · Conversion: Moderate
RETAIL STORES
$1,030,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$695k
Range $626k – $765k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$65 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$70,645
Tax year 2022
Assessed value
$3,056,613
Assessed 2023
Previous assessed
$3,577,100
-14.6% YoY
Effective rate
2.31%
On assessed value
Assessed land
$370,961
Assessed improvement
$2,685,652
Land market value
$370,961
Improvement market value
$2,685,652
Total market value
$3,056,613
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
NONE
Stories
2
Total area
10,686 SF
Lot
2.93 ac (127,457 SF)
APN
410340556
UPID
US82-2757291
Jurisdiction
TRAVIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
2
Lot
2.93 ac
Current owner
From public records · entity-resolved
Arroyo Cap Vi-1 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5501 W WILLIAM CANNON DR, AUSTIN, TX 78749-2034
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2025
—
Arroyo Cap Vi-1 LLC
Starlight Homes Texas LLC
Special Warranty Deed
—
Apr 30, 2021
—
5501 William Cannon LP
—
Deed
related
$293,200 · Plainscapital Bank
Oct 23, 2017
—
5501 William Cannon L P
—
Deed
related
$1,272,500 · Plainscapital Bank
Jun 2, 2016
—
Carlson Brigance & Doering INC
—
Deed
related
$400,000 · North Star Bk/tx
May 26, 2015
—
5501 William Cannon LP
—
Trustees Deed
related
$450,000 · North Star Bk/tx
May 12, 2005
—
William Cannon 5501
56 William Cannon Mgmt Lc
Grant Deed
related
—
—
—
Carlson Brigance & Doering INC
—
Loan Modification
related
$250,000 · Northstar Bank Of Texas
—
—
Carlson Brigance & Doering INC
—
Loan Modification
related
$250,000 · North Star Bk/tx
—
—
5501 William Cannon LP
—
Deed Of Trust
related
$300,000 · Wells Fargo Bank
—
—
5501 William Cannon LP
—
Deed Of Trust
related
$300,000 · Wells Fargo Bank
—
—
Legend Oak B P Management Lc
—
Loan Modification
related
$300,000 · Wells Fargo Bank
—
—
5501 William Cannon LP
—
Deed Of Trust
related
$1,500,000 · Treaty Oak Bank
—
—
5501 William Cannon LP
—
Deed Of Trust
related
$300,000 · Wells Fargo Bank
—
—
5501 William Cannon LP
—
Deed Of Trust
related
$250,000 · Treaty Oak Bk
—
—
Carlson Brigance & Doering INC
—
Loan Modification
related
$400,000 · North Star Bk/tx
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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