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

    6600 Manor Rd Austin, TX 78723

    • Office buildings
    • 23,916 SF
    • 0.89 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3434225
    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

    • Bium / Laboratory
    • Easybee Learning Tools / E-Commerce Service

    Property Details for 6600 Manor Rd

    Year built
    1983
    Construction
    CONCRETE
    Lot size
    0.89 lot acres
    Property size
    23,916 SF
    Property type
    Office buildings
    APN
    221250937
    APU
    221250937

    Description

    This exceptional Austin, Texas investment opportunity encompasses a 23,916 square foot, two-story office building situated on a prominent 2.08-acre corner lot at 6600 Manor Road. The property, built in 1983, features a vacant, multi-tenant executive office space with ample parking (2.13 spaces per 1,000 sq ft). The building boasts multi-phase power and extra water input, along with a unique converted church dwelling on the second floor and a refrigerated warehouse. The zoning allows for flexible use (LR-NP, NO-CO-NP, SF-2-NP). This offering also includes three additional parcels of unimproved land on Lakeside Drive, totaling approximately 0.583 acres, zoned LO-CO and SF-2, which can be sold separately. The main building sits on 0.89 acres at the highly visible intersection of Manor Road and Springdale Road. An additional 5,247 square foot shell building is located at 6618 Manor Road, providing further development potential. The property benefits from convenient access to shopping, medical facilities, and thriving nearby developments like Mueller and the planned Colony Park community. This unique portfolio presents a compelling opportunity for owner-users or developers seeking a prime location in East Austin. The property is offered as a Net NNN lease.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $765,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $553,000
      Market price range: $553k - $2.92M

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.6691
    Latitude
    30.3094
    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
    $24,094
    $1,166,160
    $71,855
    $1,238,015
    -
    $1,166,160
    $71,855
    $1,238,015

    Comparable in this City

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    • Value Estimation by Request
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    • Value Estimation
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      11,250 SF

      3016 51st St

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    Similar Nearby for Sale

    • Contact for pricing
      13,538 SF

      Office Building in Mueller Area

      Office building with development potential near East Austin amenities.
      3601 Manor Rd, Austin, TX 78723
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    • Contact for pricing
      23,916 SF

      Austin Office Building - 1.39 Acres

      Prime East Austin office building, development potential.
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      23,916 SF office building on 1.39 AC corner lot.
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    • $1,100,000
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      Austin Executive Office Building

      Prime Austin location, 1,451 SF office.
      1302 51St St, Austin, TX 78723
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    • Contact for pricing
      2,260 SF

      Mueller Town Center Commercial Space

      Ground-floor commercial space with premier visibility in Mueller Town Center.
      1808 Simond Ave, Austin, TX 78723
      View Details
    • Contact for pricing
      5,000 SF

      Austin Executive Office Space

      Mueller District Retail/Office Opportunity
      3900 Berkman Dr, Austin, TX 78723
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      37,511 SF

      New Mueller Business District Office

      New office space in Mueller Business District with modern amenities.
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      Austin Hwy 290 Office Space

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      Renovated Austin Office Space Available

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      Austin Executive Office Suites

      Prime Austin Office Space: 3 Suites Available
      3900 Berkman Dr, Austin, TX 78723
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    • $36 SF/Yr
      17,134 SF

      Office Space Available For Rent

      Office space available for rent in Austin, TX.
      4700 Mueller Blvd, Austin, TX 78723
      View Details
    • $14 SF/Yr
      100,111 SF

      Office, Flex, Warehouse Space Available

      Office, office/warehouse, and flex space with highway access.
      6448 Us Hwy, Austin, TX 78723
      View Details
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    6600 Manor Rd
    Austin, TX 78723
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    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
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