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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Industrial properties
9229 Waterford Ctr Blvd Austin, TX 78758-7504
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US82-0648244
Property summary
AI-generated overview
This exceptional 11,702 square foot office space is located at 9229 Waterford Centre Blvd, Austin, TX 78758. The property is part of the Waterford C building, a multi-tenant office complex offering a blend of traditional and executive office spaces. The suite itself is currently 100% vacant and ready for immediate occupancy on May 1st, 2025. The building boasts a total of 57,165 square feet. Ample parking is provided with a ratio of 4.0 spaces per 1,000 square feet, translating to approximately 46 parking spaces for this suite. This prime location offers unparalleled convenience, with close proximity to the vibrant dining and retail options at The Domain. Furthermore, the property benefits from immediate access to major transportation arteries, Mopac and US-183, ensuring effortless commutes for employees and clients. This presents a unique opportunity to secure a substantial, well-located office space in a thriving Austin market. The property type is classified as both Traditional Office and Executive Office, catering to a variety of business needs. The address is easily accessible and well-situated within the Austin business district.
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1998
Construction
CONCRETE
Total area
57,165 SF
Lot
3.26 ac (142,049 SF)
APN
246070509
UPID
US82-0648244
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
SunPower Corporation Production Facility
-
Tw Telecom Inc Telecommunications Service
-
MidCity Homes Construction Company
-
R F Code (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.06M
Owner & transaction history
B9 Sequoia Waterford Owner LP · 3 yrs held
B9 Sequoia Waterford Owner LP
since 2022
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.4M
+50.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Austin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Austin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$950,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,430,000
Change: +50% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$18 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$306,113
Tax year 2022
Assessed value
$19,004,868
Assessed 2023
Previous assessed
$19,004,868
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$2,840,980
Assessed improvement
$16,163,888
Land market value
$2,840,980
Improvement market value
$16,163,888
Total market value
$19,004,868
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1998
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
57,165 SF
Lot
3.26 ac (142,049 SF)
APN
246070509
UPID
US82-0648244
Jurisdiction
TRAVIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
3.26 ac
Current owner
From public records · entity-resolved
B9 Sequoia Waterford Owner LP
Entity
Mailing address
345 PARK AVE STE #1100, NEW YORK, NY 10154-1703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2022
—
B9 Sequoia Waterford Owner LP
—
Deed
related
$546,724,000 · Societe Generale Financial Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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