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

    9431 Jollyville Rd Austin, TX 78759-6501

    • Office buildings
    • 51,494 SF
    • 4.46 lot acres
    OFF-MARKET
    Value Estimations
    $8,300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-2628709
    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

    • Grace Covenant Church / Church
    • Worship Center / Religious Institution

    Property Details for 9431 Jollyville Rd

    Year built
    2008
    Construction
    CONCRETE
    Lot size
    4.46 lot acres
    Property size
    51,494 SF
    Property type
    Office buildings
    APN
    250000401
    APU
    250000401

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,603,000
      Market price range: $1.16M - $8.45M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,260,000
      Current use
      AUTO REPAIR, GARAGE
      $7,385,000
      Change: +40% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7448
    Latitude
    30.3868
    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
    $3,882,920
    $16,822,944
    $20,705,864
    -
    $3,882,920
    $16,822,944
    $20,705,864

    Comparable in this City

    • Value Estimation
      $2,470,000
      38,075 SF

      5334 Bluffstone Ln

      OFFICE BUILDING • 38,075 SF
      5334 Bluffstone Ln, Austin, TX 78759
      View Details
    • Value Estimation by Request
      5,184 SF

      4901 Spicewood Spgs Rd

      OFFICE BUILDING • 5,184 SF
      4901 Spicewood Spgs Rd, Austin, TX 78759-8439
      View Details
    • Value Estimation
      $1,060,000
      29,586 SF

      11803 Columbia Oaks Dr

      OFFICE BUILDING • 29,586 SF
      11803 Columbia Oaks Dr, Austin, TX 78759
      View Details
    • Value Estimation
      $510,000
      2,815 SF

      11652 Jollyville Rd

      OFFICE BUILDING • 2,815 SF
      11652 Jollyville Rd, Austin, TX 78759-3935
      View Details
    • Value Estimation by Request
      7,484 SF

      11776 Jollyville Rd

      OFFICE BUILDING • 7,484 SF
      11776 Jollyville Rd, Austin, TX 78759-3900
      View Details
    • Value Estimation
      $4,420,000
      95,556 SF

      8329 Mopac Expy

      OFFICE BUILDING • 95,556 SF
      8329 Mopac Expy, Austin, TX 78759-8303
      View Details

    Similar Nearby for Sale

    • $1,695,000

      Jollyville Road Office Building

      Office building with condo conversion potential in Austin, Texas.
      9086 Jollyville Rd, Austin, TX 78759
      View Details
    • Contact for pricing
      1,384 SF

      Austin Office Space: Lease or Buy

      1,384 SF Office Suite in Prime Austin Location
      4600 Spicewood Springs Rd, Austin, TX 78759
      View Details
    • $1,750,000
      2,490 SF

      Dental Office on Large Corner

      Pristine 2,490 SF dental office on .70 acres.
      13066 Research Blvd, Austin, TX 78759
      View Details
    • $30,000
      22,767 SF

      Austin Office Building For Sale

      Renovated office building with greenbelt access in Austin, Texas.
      9005 Mountain Ridge Dr, Austin, TX 78759
      View Details
    • Contact for pricing
      91,056 SF

      Austin Office Building For Sale

      Stabilized office building in desirable Austin location for sale.
      9737 Great Hills Trl, Austin, TX 78759
      View Details
    • Contact for pricing
      41,072 SF

      Northwest Austin Medical Office Asset

      41,072 SF medical/office building near The Domain.
      11645 Angus Rd, Austin, TX 78759
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      1,384 SF

      Austin Office Space for Lease/Sale

      Prime Austin office space, 1,000-1,384 SF, available now.
      4600 Spicewood Springs Rd, Austin, TX 78759
      View Details
    • $31 SF/Yr
      36,192 SF

      Class A Office Park Setting

      Class A office park with park-like setting and modern amenities.
      10431 Morado Cir, Austin, TX 78759
      View Details
    • Contact for pricing
      1,200 SF

      Two-Story Office Building For Rent

      7,084 SF office building with ample parking available for rent.
      4130 Spicewood Springs Rd, Austin, TX 78759
      View Details
    • $18 SF/Yr
      1,663 SF

      Four-Story Office Building in Austin

      77,164 SF office building with structured parking garage.
      11149 Research Blvd, Austin, TX 78759
      View Details
    • $20 SF/Yr
      34,432 SF

      Austin Medical Office Space for Lease

      Prime Austin medical suites, various sizes available.
      9015 Mountain Ridge Dr, Austin, TX 78759
      View Details
    • Contact for pricing
      6,944 SF

      Austin Office Space For Rent

      Office space available for lease in Austin, Texas.
      12225-12301 Research Blvd, Austin, TX 78759
      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.
    9431 Jollyville Rd
    Austin, TX 78759-6501
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.