Commercial Corner Lot Property in East Austin — Sale in Austin, TX

  • Price: $800K
  • Listing type: For sale
  • Asset type: Office
  • Location: Austin, TX 78723
  • Size: 2,436 SF
  • Year built: 1938

Investment Figures

Cap rate
4.55%
Price per square foot
$328

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Prime Commercial Corner Lot Property with existing improvements and long standing tenant. Very broad City of Austin zoning CS-MU-V with ability to accomodate many owner operator, tenants or redevelopment options. Great location in up and coming Windsor Park area located very close to Mueller and Downtown Austin. Great zoning and Corner lot property with a tear down or value add operator, investor or redevelopment options. Great CS-MU-V zoning with existing tenant that can stay for passive income or relocate if an owner operator is looking. Building SF: 2436 | Land Size: 0.22 Ac | Year Built: 1938 | Listing Type: FOR SALE

Market Context

This office in Austin, TX is listed for sale at $800,000 across 2,436 SF ($328/SF). It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1938. It has been on the market for 71 days. Compare it against other office listings for sale in Austin, TX — view the full market.

As of Q1 2026, the Austin office market showed average asking rents near $36.92/SF/yr, and cap rates around 6.5%. Source: multiple brokerage reports, Q1 2026.

Its 4.5% asking cap rate is below the Austin office market average of about 6.5%, reflecting premium pricing relative to comparable assets.

Office market FAQ

What is the typical cap rate for office in Austin?
About 6.5% as of Q1 2026, per multiple brokerage reports.

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