Medical Office Suite in
For Sale
$780,000
11901 W Parmer LN 300, Cedar Park, TX 78613
For sale medical office suite within a multi-suite medical complex off Parmer Lane.
Property Size2,000 SF
Days on Market276
Property Features for 11901 W Parmer LN 300
General Information
Standard status
Active
Size
2,000 SF
Total Parking Spaces
22
Taxes and HOA fees
Annual Taxes
$15,490
Amenities
See Remarks, Private Restrooms, Receptions Room, Sign - Building
Accessible Entrance, Accessible Approach with Ramp, Customized Wheelchair Accessible, Grip-Accessible Features
Central Air
Central
Common
Building Details
Building Size
2,000 SF
Year Built
2007
Buildings
1
Listing Agency:
Waterloo Realty, LLC
Listed By:
Suzanne Valentine
(512) 866-0866
Source:
Evrealestate
Added: Dec 17, 2025
Changed: Sep 18
Last Checked: Sep 19 at 6:45AM
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 Waterloo Realty, LLC
Investment Insights
Based on property information with market context.
This for-sale medical office suite is located in a dedicated medical complex and identified as Suite 300. The offering is part of a larger office configuration designed for healthcare-related operations, providing a contained space within a medical environment.
Directions to the complex are from Parmer Lane, turning into 11901 W Parmer Lane Medical Complex. The property is in Williamson County.
The suite format supports professional medical office use for tenants seeking space within a medical-focused setting. As a specific, numbered suite within a complex, it can be a practical fit for clinicians, practices, and related service providers that want an address tied to an established medical office environment rather than a standalone building.
Directions to the complex are from Parmer Lane, turning into 11901 W Parmer Lane Medical Complex. The property is in Williamson County.
The suite format supports professional medical office use for tenants seeking space within a medical-focused setting. As a specific, numbered suite within a complex, it can be a practical fit for clinicians, practices, and related service providers that want an address tied to an established medical office environment rather than a standalone building.
Key Highlights
- Medical office suite within a multi‑suite medical complex off Parmer Lane
- Central heating and central air conditioning
- Year built: 2007
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$47,691
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$953,820
$953.8K
Cap Rate 7%
$681,300
$681.3K
Cap Rate 9%
$529,900
$529.9K
Market Conditions
NOI Build-Up for 2,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$84.0K $42.00/SF
− Vacancy
−$20.4K −$10.21/SF
EGI
$63.6K $31.79/SF
− OpEx
−$15.9K −$7.95/SF
NOI
$47.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$953,820
Cap Rate 7%
$681,300
Cap Rate 9%
$529,900
Alternative Uses
Best Use
Office B
$681.3K
$596.1K – $794.9K
NOI $47,691 @ 7.0% cap · market cap 6.11%
Second Best
Healthcare Medical
$518.4K
$453.6K – $604.8K
NOI $36,288 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$836.1K
$731.6K – $975.4K
NOI $58,524 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Balanced
Demand for This Use
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
Check the figures for this property
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?
Medical Office Space - For sale medical office suite within a multi-suite medical complex off Parmer Lane.
Where is this medical office space located?
The property is located at 11901 W Parmer LN 300 Cedar Park, TX.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Medical office suite within a multi‑suite medical complex off Parmer Lane; Central heating and central air conditioning; Year built: 2007
