Add Listing
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

    901 E 6Th St Austin, TX 78702

    • Office buildings
    • 139,188 SF
    • 0.71 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-4372439
    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

    • Sysco | LABS / Corporate Office
    • Tecovas HQ / Corporate Office
    • Realtor.com Austin Tech Center / Advertising Agency / Marketing & Advertising
    • Self Financial, Inc. / (Bike/Boat/Book/etc) Store / Corporate Office
    • 901 E 6th Street - Garage / Parking Lot & Garage

    Property Details for 901 E 6Th St

    Year built
    2019
    Construction
    CONCRETE
    Lot size
    0.71 lot acres
    Property size
    139,188 SF
    Property type
    Office buildings
    APN
    204051001
    APU
    204051001

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $20,160,000
      Market price range: $7.38M - $38.6M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $25,335,000
      Current use
      RETAIL STORES
      $24,685,000
      Change: -3% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $22,720,000
      Change: -10% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7332
    Latitude
    30.265
    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
    $1,865,830
    $5,436,723
    $68,766,582
    $74,203,305
    -
    $5,436,723
    $68,766,582
    $74,203,305

    Comparable in this City

    • Value Estimation by Request

      5,193 SF East Austin Office Condos for Sale

      5,193 SF Office Condo Units For Sale in Austin, TX 78702
      2002-E-7th, Austin, TX 78702
      View Details
    • Value Estimation
      $23,545,000
      147,270 SF

      1801 6th St

      OFFICE BUILDING • 147,270 SF
      1801 6th St, Austin, TX 78702-2759
      View Details
    • Value Estimation by Request
      2,868 SF

      1214 7th St

      OFFICE BUILDING • 2,868 SF
      1214 7th St, Austin, TX 78702-3223
      View Details
    • Value Estimation
      $2,040,000
      10,825 SF

      1121 7th St

      OFFICE BUILDING • 10,825 SF
      1121 7th St, Austin, TX 78702-3220
      View Details
    • Value Estimation
      $560,000
      2,111 SF

      901 7th St

      OFFICE BUILDING • 2,111 SF
      901 7th St, Austin, TX 78702-3216
      View Details
    • Value Estimation by Request
      1,421 SF

      2621 7th St

      OFFICE BUILDING • 1,421 SF
      2621 7th St, Austin, TX 78702
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,334 SF

      East Austin Boutique Commercial Building

      Renovated East Austin building with favorable zoning and gated parking.
      1801 E Cesar Chavez St, Austin, TX 78702
      View Details
    • Contact for pricing
      738 SF

      Prime Austin Office Space - 78702

      738 SF Office, High Visibility, Abundant Parking
      2401 E 6th St, Austin, TX 78702
      View Details
    • Contact for pricing
      3,323 SF

      Austin Office Space for Sale

      Office condos in Class A building, prime Austin location.
      1800 E 4Th St, Austin, TX 78702
      View Details
    • Contact for pricing
      1,575 SF

      Corner Lot Office Space

      Office space on corner lot with rapid access to highways.
      2765 Lyons Rd, Austin, TX 78702
      View Details
    • $775,000
      1,051 SF

      Austin Retail Loft - $775K

      East Austin mixed-use space, 1051 sq ft.
      1601 Cesar Chavez St, Austin, TX 78702
      View Details
    • $525,000
      652 SF

      Downtown Austin Office Space

      Prime Austin location, versatile office space.
      1601 Cesar Chavez St, Austin, TX 78702
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      148,997 SF

      Austin Office Space For Rent

      Office building with 148997 square feet available for lease.
      3100 E 5Th St, Austin, TX 78702
      View Details
    • Contact for pricing
      1,135 SF

      Freestanding Office/Retail Building For Rent

      1,135 SF office/retail building in high-growth redevelopment area.
      1105 Clermont Ave, Austin, TX 78702
      View Details
    • $35 SF/Yr
      738 SF

      Prime Austin Office Space - 78702

      738 sq ft office, desirable location, flexible lease.
      2401 E 6th St, Austin, TX 78702
      View Details
    • Contact for pricing
      48,000 SF

      East Austin Executive Office Space

      Modern, sustainable office suites in vibrant East Austin.
      2422 7Th St, Austin, TX 78702
      View Details
    • $35 SF/Yr
      1,464 SF

      Arts & Crafts Style Office

      Office space with long leaf pine floors for rent.
      1617 W 6Th St, Austin, TX 78702
      View Details
    • $36 SF/Yr
      1,051 SF

      1601 Cesar Chavez St

      Office Units
      1601 Cesar Chavez St, Austin, TX 78702
      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.
    901 E 6Th St
    Austin, TX 78702
    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!