Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11901 W Parmer Ln, Unit 300 Cedar Park, TX 78613

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $850,000

    2000 SF office condo with medical build-out for sale.

    Lot size:
    0.05 Acres

    Property Features for 11901 W Parmer Ln

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    0.05 Acres

    Building Details

    Year built
    2007

    We can help!

    Listing Contact
    Suzanne Valentine
    Source: Elliman

    Listing Agent: Suzanne Valentine

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Move-In Ready Medical Office Condo

    This 2000 square foot office condo is move-in ready and features a second-generation medical build-out. The layout includes four exam rooms, one procedure room, and two private offices. There is also a waiting area, reception and checkout stations, and a nurses' station. The property is well-maintained and features professional finishes. Abundant parking is available. The photos provided are from the previous medical occupant; the current occupant is non-medical but did not alter the existing build-out. The property is located in an excellent location.
    Location Intelligence

    Current Use by Public Records

    Integritas Solutions Inc (Bike/Boat/Book/etc) Store Tailwind Business Ventures (Bike/Boat/Book/etc) Store Campbell Dental Dental Office Brenda Olmos, NP Physician Austin Neuropathy Care Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Parmer Lane Pet Hospital, Stein Jenny DVM

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Park
    County
    Williamson
    State
    Texas
    Longitude
    -97.7747756
    Latitude
    30.5192686

    Nearby Similar for Sale

    • $3,695,000

      Boutique Retail-Office Center in Cedar Park

      Upscale retail-office center in booming Cedar Park, Texas.
      901 N Vista Ridge Blvd, Cedar Park, TX 78613
      View Details
    • Contact for pricing
      18,760 SF

      Retail Space in Cedar Park

      Flexible retail spaces available in Cedar Park, Texas.
      Cypress Creek Rd, Cedar Park, TX 78613
      View Details
    • $2,500,000

      Cedar Park Portfolio Opportunity

      Rare portfolio in Cedar Park, a growing Austin submarket.
      1120 Toro Grande Blvd, Cedar Park, TX 78613
      View Details
    • Contact for pricing
      13,125 SF

      Retail Space in Cedar Park

      Flexible retail spaces available in Cedar Park, Texas.
      1520 Juliette Way, Cedar Park, TX
      View Details
    • $2,500,000

      Cedar Park Industrial Property

      Industrial property for sale in Cedar Park, Texas.
      1120 Toro Grande Blvd, Cedar Park, TX 78613
      View Details
    • Contact for pricing
      28,541 SF

      Cedar Park Specialty Property

      Specialty property available for sale in Cedar Park, Texas.
      1651 S Bell Blvd, Cedar Park, TX 78613
      View Details
    • Contact for pricing
      8,066 SF

      Cedar Park Flex Industrial Space

      Flex industrial space for sale in Cedar Park, Texas.
      3500 W Whitestone Blvd, Cedar Park, TX 78613
      View Details
    • Contact for pricing
      7,017 SF

      New Flex Development Opportunity

      Shovel-ready flex development with Class A finishes and high ceilings.
      3400 W Whitestone Blvd, Cedar Park, TX 78613
      View Details
    • Contact for pricing
      6,040 SF

      Cedar Park Flex Space Opportunity

      6,040 SF Office/Warehouse - Ideal Location
      2010 Windy Terrace, Cedar Park, TX 78613
      View Details
    • Contact for pricing
      1,874 SF

      Cedar Park Retail Space For Sale

      High-visibility retail/office space in thriving Cedar Park.
      821 W New Hope Dr, Suite 108, Cedar Park, TX 78613
      View Details
    • Contact for pricing
      9,943 SF

      Cedar Park Mixed-Use Center

      Upscale shopping center, restaurant, retail, medical, office condos.
      The Shoppes at Bell Blvd 1804 N Bell Blvd, Cedar Park, TX 78613
      View Details
    • Contact for pricing
      1,874 SF

      Retail Property Near Future Development

      Retail space in Cedar Park near upcoming Nebraska Furniture Mart.
      808 Orchard St, Cedar Park, TX 78613
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 2000 SF office condo with medical build-out for sale.
    Where is this medical office space located?
    The property is located at 11901 W Parmer Ln, Unit 300 Cedar Park, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Move-in ready 2nd Gen Medical Office Condo; - Includes **4 Exam Rooms and 1 Procedure Room**; - Abundant Parking
    Request Owner's contact information
    11901 W Parmer Ln, Unit 300 Cedar Park, TX 78613
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11901 W Parmer Ln, Unit 300
    Cedar Park, TX 78613
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11901 W Parmer Ln, Unit 300 Cedar Park, TX 78613
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Suzanne Valentine
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!