Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    6601 Mnr Rd Austin, TX 78723-3806
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6601 Mnr Rd Austin, TX 78723-3806

    View on Map
    • Office buildings
    • 8,172 SF
    • 3.32 lot acres
    Off-Market
    Property ID
    US82-3712487
    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.
    Value Estimations
    $695,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Greater Love Baptist Church / Church
    • Greater Love Baptist church - Food Distribution Center / Food Bank / Charitable Organization

    Property Details for 6601 Mnr Rd

    Year built
    1980
    Lot size
    3.32 lot acres
    Property size
    8,172 SF
    Property type
    Office buildings
    APN
    221250406
    APU
    221250406

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $595,000
      Current use
      COMMERCIAL (GENERAL)
      $860,000
      Change: +45% Conversion: Easy
      RESTAURANT
      $810,000
      Change: +36% Conversion: Moderate
      RETAIL STORES
      $645,000
      Change: +9% Conversion: Moderate
      MEDICAL BUILDING
      $575,000
      Change: -3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.6685
    Latitude
    30.3086
    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
    $0.00
    $4,338,570
    $1,043,305
    $5,381,875
    -
    $4,338,570
    $1,043,305
    $5,381,875

    Comparable in this City

    • Value Estimation
      $1,265,000
      62,110 SF

      3100 Rogge Ln

      OFFICE BUILDING • 62,110 SF
      3100 Rogge Ln, Austin, TX 78723-4831
      View Details
    • Value Estimation
      $1,220,000
      37,000 SF

      6014 Cameron Rd

      OFFICE BUILDING • 37,000 SF
      6014 Cameron Rd, Austin, TX 78723-1845
      View Details
    • Value Estimation
      $2,300,000
      49,084 SF

      4700 Mueller Blvd

      OFFICE BUILDING • 49,084 SF
      4700 Mueller Blvd, Austin, TX 78723-3081
      View Details
    • Value Estimation by Request
      6,100 SF

      2215 M Franklin Ave

      OFFICE BUILDING • 6,100 SF
      2215 M Franklin Ave, Austin, TX 78723-5834
      View Details
    • Value Estimation by Request
      3,148 SF

      4605 Mnr Rd

      OFFICE BUILDING • 3,148 SF
      4605 Mnr Rd, Austin, TX 78723
      View Details
    • Value Estimation
      $1,070,000
      34,375 SF

      1830 Simond Ave

      OFFICE BUILDING • 34,375 SF
      1830 Simond Ave, Austin, TX 78723-4603
      View Details

    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
      View Details
    • Contact for pricing
      23,916 SF

      Austin Office Building - 1.39 Acres

      Prime East Austin office building, development potential.
      6600 Manor Rd, Austin, TX 78723
      View Details
    • Contact for pricing
      23,916 SF

      Office Building on Corner Lot

      23,916 SF office building on 1.39 AC corner lot.
      6600 Manor Rd, Austin, TX 78723
      View Details
    • Contact for pricing
      5,000 SF

      Commercial Space in Mueller

      Commercial space for sale or lease in Mueller neighborhood.
      3900 Berkman Dr, Austin, TX 78723
      View Details
    • $800,000

      Commercial Corner Lot in Austin

      Corner lot with redevelopment potential in Windsor Park area.
      5812 Manor Rd, Austin, TX 78723
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
      8,527 SF

      Austin Hwy 290 Office Space

      8,527 SF Office Suite - Lease Now
      6400 E Hwy 290, Building 3, Austin, TX 78723
      View Details
    • Contact for pricing
      465 SF

      Renovated Austin Office Space Available

      Multi-tenant office complex with versatile spaces and recent upgrades.
      1106 Clayton Ln, Austin, TX 78723
      View Details
    • Contact for pricing
      37,404 SF

      New Mueller Business District Office

      New office space in Mueller Business District with modern amenities.
      4901 Mueller Blvd, Austin, TX 78723
      View Details
    • $38 SF/Yr
      27,210 SF

      LEED Gold Certified Office Space

      Modern office space with parking garage and energy-efficient features.
      1401 Philomena St, Austin, TX 78723
      View Details
    • Contact for pricing

      Versatile Flex Space Available

      Office and warehouse flex space suitable for creative or manufacturing.
      2011 Anchor Ln, Austin, TX 78723
      View Details
    • Contact for pricing
      28,845 SF

      Office Space in Mueller Development

      Office space for rent in vibrant Mueller Development, Austin, TX.
      1901 East 51St St, Austin, TX 78723
      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.
    6601 Mnr Rd
    Austin, TX 78723-3806
    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.
    Sign Up Successful!
    You now have access to more from Realmo!