Move-In Ready Office
For Sale
$549,500
109-3109 Kenai Dr, Cedar Park, TX 78613
Office suite with five private offices, conference room, reception, and storefront windows, recently painted and move-in ready.
Property Size1,312 SF
Price / SF$418.83
Days on Market182
Property Features for 109-3109 Kenai Dr
General Information
Standard status
Active
Size
1,312 SF
Additional Details
Office Units
5
Taxes and HOA fees
Annual Taxes
$11,583
Listing Agency:
All City Real Estate Ltd. Co
(866) 277-6005
Listed By:
Venkat Gudapuri
(512) 590-4165
Source:
Exprealty
Added: Apr 9
Changed: Sep 11
Last Checked: Oct 5 at 10:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of All City Real Estate Ltd. Co
Investment Insights
Based on property information with market context.
This 1,312 SF office space is laid out to support both privacy and collaboration, with five private offices, a conference room, a reception area, a break room, and two restrooms. Large storefront windows bring in natural light, and the suite has been refreshed with new paint for immediate occupancy.
Located in Cedar Park, Texas, the property sits near Parmer Lane and includes ample on-site parking, supporting convenient access for employees and visiting clients.
Designed for professional office users, the configuration offers dedicated workspaces alongside a central reception and meeting space. The combination of private offices, conference room, and reception area makes the suite workable for a range of business types that need room for both client interaction and internal team operations.
Located in Cedar Park, Texas, the property sits near Parmer Lane and includes ample on-site parking, supporting convenient access for employees and visiting clients.
Designed for professional office users, the configuration offers dedicated workspaces alongside a central reception and meeting space. The combination of private offices, conference room, and reception area makes the suite workable for a range of business types that need room for both client interaction and internal team operations.
Key Highlights
- 1,312 SF office space in Cedar Park with five private offices plus a conference room
- Includes reception area, break room, and two restrooms
- Large storefront windows provide natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,285
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,700
$625.7K
Cap Rate 7%
$446,929
$446.9K
Cap Rate 9%
$347,611
$347.6K
Market Conditions
NOI Build-Up for 1,312 SF
Gross rent
$55.1K $42.00/SF
− Vacancy
−$13.4K −$10.21/SF
EGI
$41.7K $31.79/SF
− OpEx
−$10.4K −$7.95/SF
NOI
$31.3K $23.85/SF
Area
Williamson County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,700
Cap Rate 7%
$446,929
Cap Rate 9%
$347,611
Alternative Uses
Best Use
Office B
$446.9K
$391.1K – $521.4K
NOI $31,285 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$548.4K
$479.9K – $639.9K
NOI $38,391 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Office units
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
Explore this area
Business Placement
Demographics for 78613, TX
89,279
Population
34,198
Households
2.6
Avg Household Size
36
Median Age
55%
College-Educated
97%
High-School Grad
27.7 sq mi
ZIP Area
3,223
Density / Sq Mi
$120,829
Median Household Income
$61,782
Median Earnings
$1,733
Median Rent
$461,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Office suite with five private offices, conference room, reception, and storefront windows, recently painted and move-in ready.
Where is this office units located?
The property is located at 109-3109 Kenai Dr Cedar Park, TX.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: 1,312 SF office space in Cedar Park with five private offices plus a conference room; Includes reception area, break room, and two restrooms; Large storefront windows provide natural light
