Austin, TX Commercial Real Estate Market Trends & Data

What Are Current Commercial Real Estate Benchmarks in Austin?

Austin commercial properties are averaging $485 per square foot to buy and $268 per square foot to lease, with cap rates near 6.37% across asset types. The data below covers sale prices, lease rates, cap rates, and building sizes by property type to support early-stage market evaluation.

Explore Commercial Properties in Austin

Browse properties currently for sale or lease to see how local market pricing and building sizes translate into real opportunities.

Commercial Property For Sale in Austin

Commercial Property For Rent in Austin

Austin's Demographic Profile

Austin has 442,761 households and a median income of $81,906, providing context for rent absorption and tenant demand across retail and multifamily assets. A 9% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metrics	Value
Population	1,033,895
# Households	442,761
Median age	36
Median household income	$81,906
Avg household size	2
Renter-occupied housing units	261,777
5-year population change	9%

Commercial Real Estate Market Snapshot in Austin

Use the benchmarks below to set initial underwriting baselines for Austin, typical deal size, entry costs, and cap rate ranges by asset type before evaluating individual listings.

Key Market Metrics	Value
Avg asking sale price	$485 per SF
Avg asking lease rate	$268 per SF
Avg unit size for lease	18,883 SF
Avg building size for sale	14,756 SF
Average cap rate	6.37%

The 6.37% average cap rate reflects current return expectations relative to Austin pricing and deal scale. Use this alongside asking prices and lease rates to establish initial underwriting assumptions.

Commercial Properties For Sale In Austin

The listings below reflect how current market pricing and building scale translate into active opportunities available today.

For Sale

Building 1

Austin, TX 78748

51,114 SF Office Building
$649,180 - $5,750,515

For Sale

Balcones Bluff Bend

Austin, TX 78753

30,909 SF Industrial Building
8.01% Cap Rate
$5,841,801

For Sale

XSpace

Austin, TX 78734

68,651 SF Flex Building
$189,000 - $1,200,000

For Sale

Building 1

Austin, TX 78737

7,500 SF Flex Building
$1,875,000

For Sale

Building B

Austin, TX 78702

7,500 SF Office Building
$2,500,000

For Sale

Walgreens

Austin, TX 78745

13,277 SF Retail Building
7.25% Cap Rate
$5,572,469

For Sale

Kingstones Building

Austin, TX 78759

30,041 SF Office Building
$965,000 - $1,090,000

For Sale

1518 Parkway

Austin, TX 78703

5,536 SF Multifamily
$1,650,000

Commercial Market Metrics by Property Type

Office Building Market Metrics Near Austin

Office market metrics highlight how pricing, typical deal size, and return expectations vary across submarkets, helping investors compare entry costs and yield potential efficiently.

Nearby Office Markets	Avg Cost/SF	Typical Size	Cap Max
Austin	$469	10,498 SF	10.19%
Cedar Park	$416	2,780 SF	8.00%
Leander	$421	3,573 SF	6.23%

Industrial Property Market Metrics Near Austin

Industrial market data shows how cost per square foot and typical building size differ by submarket, supporting comparisons around deal scale and pricing alignment.

Nearby Industrial Markets	Avg Cost/SF	Typical Size	Cap Max
Austin	$418	9,678 SF	8.01%
Cedar Park	$333	5,785 SF	6.56%
Leander	$312	5,689 SF	5.35%

Retail Property Market Metrics Near Austin

Retail pricing varies widely across nearby markets, making this comparison useful for identifying where cost per square foot and deal size diverge most.

Nearby Retail Markets	Avg Cost/SF	Typical Size
Austin	$650	9,652 SF
Cedar Park	$425	4,159 SF
Buda	$292	18,243 SF
Leander	$492	4,215 SF
Pflugerville	$485	9,174 SF

Multifamily Property Market Metrics Near Austin

Multifamily metrics show how pricing and building size relate to observed cap rate ranges, helping investors evaluate income potential relative to entry cost.

Nearby Multifamily Markets	Avg Cost/SF	Typical Size	Cap Max
Austin	$477	38,054 SF	9.52%
Killeen	$155	10,914 SF	10.20%
San Antonio	$200	21,715 SF	9.46%
Kerrville	$153	40,650 SF	8.98%
College Station	$293	23,984 SF	8.04%

How Investors Evaluate Commercial Real Estate Markets in Austin

Use these tools to move from market-level signals to deal-level math. Each calculator helps translate Austin pricing, rents, and building size into concrete metrics like value, income, and space requirements, so you can validate assumptions before spending time on individual listings.

Commercial Property Valuation

Understand Core Valuation Methods, Prevent Mistakes, and Use Our Instant Value Estimator

What Is a Cap Rate?

How To Calculate This Critical CRE Investment Metric and Why It Matters

Net Operating Income (NOI) Calculator

Calculating NOI and Understanding the Significance of This Metric in Commercial Real Estate Investment

Internal Rate of Return (IRR) Calculator

Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.

Cash on Cash Return

Learn How Cash on Cash Return Can Optimize Your Real Estate Investments

Debt Service Coverage Ratio (DSCR) Calculator

Assess Your Investment's Health in Seconds

Gross Rent Multiplier (GRM) Calculator & Investment Guide

Simplifying Your Investment Analysis

Land Loan Calculator

Use this calculator to estimate monthly payments, interest, and total financing costs for raw, unimproved, or improved land purchases.

Balloon Payment Calculator

Use this calculator to estimate monthly payments, total interest, and the final lump-sum balloon payment for commercial real estate loans.

Office Space Calculator

Estimate How Much Space Your Team Really Needs

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Austin pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets	Avg Cost/SF	Average Size
Austin	$485	14,756 SF
West Lake Hills	$528	4,086 SF
Bee Cave	$511	10,534 SF
Manchaca	$280	24,823 SF
Lakeway	$546	7,593 SF

Multifamily For Sale In Austin

Multifamily listings shown here connect market pricing and cap rate patterns with income-producing opportunities currently available.

For Sale

One Oak

Austin, TX 78704

221,000 SF Multifamily
$695,000

For Sale

Este Condominiums

Austin, TX 78702

53,463 SF Multifamily
$450,000

For Sale

Ste. 106 - The Public Lofts

Austin, TX 78745

360,780 SF Multifamily
$509,000

For Sale

Burnet 64

Austin, TX 78757

41,000 SF Multifamily
$995,000

For Sale

Brazos Place

Austin, TX 78701

236,255 SF Multifamily
$347,500 - $3,253,500

For Sale

AMLI North Park & Rivette Tower

Austin, TX

Price Upon Request

Regional Demographic Comparison

This comparison places Austin alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Austin or distributed across surrounding areas.

City	Population	# Households	Age	MedianHouseholdIncome	AvgHouseholdSize	RenterOccupiedHousingUnits	FiveYrPopGrowthPct
Austin	1,033,895	442,761	36	$81,906	2	261,777	9%
West Lake Hills	3,863	1,403	50	$207,025	3	167	9%
Bee Cave	9,272	3,626	43	$129,810	3	1,711	6%
Manchaca	10,684	4,511	39	$96,845	2	1,963	13%
Lakeway	22,163	8,587	50	$163,658	3	1,504	10%

FAQs About Commercial Investing in Austin

View All Commercial Real Estate For Sale in Austin

Is Austin a good market for a first-time commercial real estate investor?

Austin offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Austin?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Austin. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Austin?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Austin. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Austin compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Austin. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Austin acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Austin, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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