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

    607 W 14th St Austin, TX 78701

    • Coworking space
    • 7,600 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-7917557
    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

    • Newberry Law, PLLC / Divorce Lawyer / Family Law Attorney
    • Emisstar / Corporate Office

    Property Details for 607 W 14th St

    Year built
    2025
    Property size
    7,600 SF
    Property type
    Coworking space

    Description

    This brand-new, three-story office building at 607 W 14th St in Austin, TX, offers 7,600 square feet of prime commercial space, opening in 2025. The building features a total of three suites, with two currently available for lease. Flexible floor plans allow for spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 5,225 square feet, catering to a variety of business needs. The building's LO zoning ensures versatility in its potential uses. Currently, 5,225 square feet of vacant space is immediately available. Located in the heart of downtown Austin, this property boasts an exceptional location, providing easy access to key city landmarks. Its proximity to the Texas State Capitol and the Travis County Courthouse offers unparalleled convenience and visibility. The building's modern design and flexible layouts make it an ideal choice for businesses seeking a prestigious and functional workspace in a thriving urban environment. The address is 607 W 14th St, Austin, TX 78701. This is a fantastic opportunity to secure a prominent presence in one of Austin's most desirable business districts. Contact us today to learn more about leasing options and to schedule a viewing.

    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
    -97.7462183
    Latitude
    30.2774983

    Comparable in this City

    • Contact for pricing
      5,225 SF

      Downtown Austin Office Space For Lease

      Premium Austin location, flexible layouts, new construction.
      607 W 14th St, Austin, TX 78701
      View Details
    • $21 SF/Yr
      78,704 SF

      Austin Office Space: 111 Congress Ave

      Prestigious Austin office space, flexible layouts.
      111 Congress Ave, Austin, TX 78701
      View Details
    • $46 SF/Yr
      112,792 SF

      Downtown Austin Office Space

      Prestigious Austin Office Suites Available
      501 Congress Ave, Austin, TX 78701
      View Details
    • $75 SF/Yr
      151,294 SF

      Austin CBD Office Space for Lease

      Prime Austin location, flexible suites available.
      1122 Colorado St, Austin, TX 78701
      View Details
    • $32 SF/Yr
      289,000 SF

      Downtown Austin Office Space

      Class A Office, 29 Suites Available
      400 15Th St, Austin, TX 78701
      View Details
    • Contact for pricing
      4,034 SF

      Downtown Austin Retail/Creative Office Space

      Retail/creative office space in the heart of downtown Austin.
      309 E 3Rd St, Austin, TX 78701
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,622 SF

      Office Building Near Downtown Austin

      Two-story office building with potential for two separate suites.
      1010 Rio Grande St, Austin, TX 78701
      View Details
    • Contact for pricing
      52,102 SF

      Office Building Near Medical Center

      Office building near future medical center and Waterloo Park.
      708 E 12Th St, Austin, TX 78701
      View Details
    • Contact for pricing
      26,313 SF

      Historic Building on Congress Avenue

      26,313 SF historic building on Congress, suitable for owner/investor.
      712 Congress Ave, Austin, TX 78701
      View Details
    • $3,634,800
      3,728 SF

      Downtown Austin Office Building

      Office building with redevelopment potential in downtown Austin.
      506 W 15Th St, Austin, TX 78701
      View Details
    • Contact for pricing
      2,039 SF

      Mixed-Use Property Near Downtown Austin

      Mixed-use property with live/work opportunity, close to downtown.
      1607 E 7Th St, Austin, TX 78701
      View Details
    • Contact for pricing
      11,050 SF

      Downtown Austin Office Condo Space

      11,050 SF office condo in Austin's CBD.
      1700 Rio Grande St, Austin, TX 78701
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,225 SF

      Downtown Austin Office Space For Lease

      Premium Austin location, flexible layouts, new construction.
      607 W 14th St, Austin, TX 78701
      View Details
    • $21 SF/Yr
      78,704 SF

      Austin Office Space: 111 Congress Ave

      Prestigious Austin office space, flexible layouts.
      111 Congress Ave, Austin, TX 78701
      View Details
    • $46 SF/Yr
      112,792 SF

      Downtown Austin Office Space

      Prestigious Austin Office Suites Available
      501 Congress Ave, Austin, TX 78701
      View Details
    • $75 SF/Yr
      151,294 SF

      Austin CBD Office Space for Lease

      Prime Austin location, flexible suites available.
      1122 Colorado St, Austin, TX 78701
      View Details
    • $32 SF/Yr
      289,000 SF

      Downtown Austin Office Space

      Class A Office, 29 Suites Available
      400 15Th St, Austin, TX 78701
      View Details
    • Contact for pricing
      4,034 SF

      Downtown Austin Retail/Creative Office Space

      Retail/creative office space in the heart of downtown Austin.
      309 E 3Rd St, Austin, TX 78701
      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.
    607 W 14th St
    Austin, TX 78701
    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.