Medical Office Building
13740 Research Blvd N Highway 183 Hwy H2 3 4 Austin, TX 78750
13740 Research Blvd N Highway 183 Hwy H2 3 4, Austin, TX, 78750
$599,900
For Sale
$599,900
Three contiguous ground floor medical office units for sale.
Property Size2,343 SF
Lot Size0.02 Acres
Price / SF$256.04
Days on Market129
Property Features for 13740 Research Blvd N Highway 183 Hwy H2 3 4
General Information
- Standard status
- Active
- Size
- 2,343 SF
- Lot size
- 0.02 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1983
Listing Agency
(512) 922-4833
Listed by
Martha Chavez · License #0615892
(512) 922-4833
Source
Elliman
Added: Mar 11 Checked: Jul 17 at 3:52 am
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 Martha Chavez
Investment Insights
Based on property information with market context.
This property features three contiguous ground floor units, originally constructed as a medical office building. The combined units total 2343 square feet and include five offices, a conference room, a reception area, a waiting area, and a kitchen. The layout also incorporates two bathrooms and a storage room.
Key Highlights
- 2,343 Sq.Ft. of contiguous ground floor units
- 5 spacious offices and a conference room
- Includes reception area, waiting area, and kitchen
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.1k | $35.88 |
| − Vacancy | −$20.4k | −$8.72 |
| EGI | $63.6k | $27.16 |
| − OpEx | −$15.9k | −$6.79 |
| NOI | $47.7k | $20.37 |
2,343 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$681.8K
$596.6K – $795.5K
NOI $47,729 @ 7.0% cap · market cap 7.96%
Second Best
Healthcare Medical
$441.0K
$385.9K – $514.5K
NOI $30,871 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$918.1K
$803.4K – $1.07M
NOI $64,270 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Paz Veterinary East — 3300 E 7th St, Austin, TX 78702
- Thrive Pet Healthcare East Austin — 2795 E 7th St, Austin, TX 78702
- Paz Veterinary — 2330 E Cesar Chavez St, Austin, TX 78702
- TeleVet — 2400 E Cesar Chavez St Suite #320, Austin, TX 78702
FAQs
What type of property is this?
Medical Office Space - Three contiguous ground floor medical office units for sale.
Where is this medical office space located?
The property is located at 13740 Research Blvd N Highway 183 Hwy H2 3 4 Austin, TX.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2,343 Sq.Ft. of contiguous ground floor units; 5 spacious offices and a conference room; Includes reception area, waiting area, and kitchen
