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

    900 Old Koenig Ln Ste, Unit 132 Austin, TX 78756-1515

    • Warehouses
    • 15,876 SF
    • 1.65 lot acres
    OFF-MARKET
    Last Sale
    Aug 03, 2020
    Value Estimations
    $1,560,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-2940075
    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

    • Warehouses

    Property Details for 900 Old Koenig Ln Ste

    Year built
    1971
    Construction
    CONCRETE
    Lot size
    1.65 lot acres
    Property size
    15,876 SF
    Property type
    Warehouses
    APN
    229080113
    APU
    229080113

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,624,000
      Market price range: $865k - $1.62M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,215,000
      Current use
      AUTO REPAIR, GARAGE
      $2,275,000
      Change: +87% Conversion: Easy
      RETAIL STORES
      $1,840,000
      Change: +52% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,675,000
      Change: +38% Conversion: Difficult
      RESTAURANT
      $1,575,000
      Change: +30% Conversion: Difficult
      MEDICAL BUILDING
      $1,120,000
      Change: -8% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7259
    Latitude
    30.3286
    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
    $111,823
    $6,117,960
    $1,074,301
    $7,192,261
    -
    $6,117,960
    $1,074,301
    $7,192,261

    Comparable in this City

    • Value Estimation by Request
      1,800 SF

      4705 Burnet Rd

      WAREHOUSE, STORAGE • 1,800 SF
      4705 Burnet Rd, Austin, TX 78756-2826
      View Details
    • Value Estimation
      $7,950,000
      107,249 SF

      5715 Burnet Rd

      MINI-WAREHOUSE, STORAGE • 107,249 SF
      5715 Burnet Rd, Austin, TX 78756-1112
      View Details
    • Value Estimation by Request
      3,480 SF

      5510 Burnet Rd

      WAREHOUSE, STORAGE • 3,480 SF
      5510 Burnet Rd, Austin, TX 78756-1604
      View Details
    • Value Estimation
      $3,505,000
      38,214 SF

      817 Wn Loop Blvd

      WAREHOUSE, STORAGE • 38,214 SF
      817 Wn Loop Blvd, Austin, TX 78756-2214
      View Details
    • Value Estimation by Request
      2,840 SF

      5440 Burnet Rd

      WAREHOUSE, STORAGE • 2,840 SF
      5440 Burnet Rd, Austin, TX 78756-1602
      View Details
    • Value Estimation by Request
      3,500 SF

      1509 Nn St

      WAREHOUSE, STORAGE • 3,500 SF
      1509 Nn St, Austin, TX 78756-2621
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,737 SF

      Versatile Austin Property For Sale

      6,000+ sqft Austin property ideal for office, storage, warehouse.
      5611 Adams Ave, Austin, TX 78756
      View Details
    • $1,595,000
      2,767 SF

      Sophisticated Austin Home with Pool

      Central Austin home with designer finishes, pool, and spa.
      5515 Jim Hogg Ave, Austin, TX 78756
      View Details
    • $775,000

      Office/Home in Brentwood, Austin

      Charming office or home in the Brentwood section of Austin.
      1509 W Koenig Ln, Austin, TX 78756
      View Details
    • Contact for pricing
      1,030 SF

      Central Austin Office Space

      Office space in central Austin with frontage on Burnet Rd.
      4524 Burnet Rd, Austin, TX 78756
      View Details
    • Contact for pricing
      7,769 SF

      Central Austin Office Building

      Prime Medical Office, 7,769 SF, 90% Occupancy
      4105 Medical Pkwy, Austin, TX 78756
      View Details
    • Contact for pricing
      2,706 SF

      Burnet Road Specialty Property

      Specialty property available for sale on Burnet Road.
      5003 Burnet Rd, Austin, TX 78756
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Central Austin Warehouse Space

      5,000 SF warehouse with roll-up door and parking.
      1509 North St, Austin, TX 78756
      View Details
    • $1,395 /Mo
      839 SF

      Condo for Lease Near Burnet

      Two-bedroom condo with stainless steel appliances and walkable location.
      2122 Hancock Dr, Austin, TX 78756
      View Details
    • $1,850 /Mo
      701 SF

      Charming One-Bedroom Condo for Rent

      First-floor condo with spacious layout and large closet.
      1509 W 39Th 1/2 St, Austin, TX 78756
      View Details
    • Contact for pricing
      1,996 SF

      Central Austin Retail Space Available

      Retail space in central Austin with patio.
      4630 Burnet Rd, Austin, TX 78756
      View Details
    • $11 SF/Yr
      1,080 SF

      Burnet Road Retail Space Available

      Retail space in Central Austin, ideal for office or service.
      4811 Burnet Rd, Austin, TX 78756
      View Details
    • Contact for pricing
      4,598 SF

      Austin Retail Space For Lease

      Retail space for lease in central Austin near IH-35.
      5407 North St North, Austin, TX 78756
      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.
    900 Old Koenig Ln Ste, Unit 132
    Austin, TX 78756-1515
    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.