Turn-Key Office Condo
For Sale
Contact for pricing
12801 Anderson Mill Rd, Austin, TX 78726
Move-in-ready office condos in Cedar Park, TX.
Property Size4,800 SF
Price / SF$389.30
Days on Market534
Property Features for 12801 Anderson Mill Rd
General Information
Standard status
Active
Size
4,800 SF
Class
B
Property subtype
Office
Zoning
Neighborhood Business
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$130,804
Building Details
Year Built
2022
Buildings
1
Units
3
Tenancy
Multi
Listing Agency:
Commercial Market Exchange
Listed By:
Bailey Morse · License #TX 776559
(512) 630-9888
Source:
Crexi
Added: May 6, 2025
Changed: Oct 8
Last Checked: Oct 20 at 6:36PM
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 Commercial Market Exchange
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Investment Insights
Based on property information with market context.
Located in Cedar Park, TX, Volente Crossing Condo Park offers newly finished, turn-key office condo units for sale or lease. The location provides accessibility to both Austin and Cedar Park, situated 1 mile from FM 620 and less than a mile from Cypress Creek Road. The available units range in size from 1,189 to 4,796 square feet, and can be combined to create a maximum space of 4,796 square feet. These move-in-ready units feature a flexible layout that includes multiple private offices, a break area, a conference room, and a large open office area. Each unit is finished with modern design elements and includes windows in every office. Pad sites are also available for purchase. These zero lot line pads are site planned for a 4,800 square foot office building, offering potential cost savings compared to purchasing a completed building. The entire site is available for sale, presenting a development opportunity with existing cash flows. The site is approved for ten 4,800 square foot buildings, with three already completed. This property is designed to cater to office users seeking a premium work environment.
Key Highlights
- Move‑in‑ready, turn‑key office condo units available for sale or lease.
- Ideally situated in Cedar Park, TX, with great accessibility to both Austin and Cedar Park.
- Flexible layout with multiple private offices, break area, conference room, and large open office area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,780
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,955,600
$2.0M
Cap Rate 7%
$1,396,857
$1.4M
Cap Rate 9%
$1,086,444
$1.1M
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$172.2K $35.88/SF
− Vacancy
−$41.9K −$8.72/SF
EGI
$130.4K $27.16/SF
− OpEx
−$32.6K −$6.79/SF
NOI
$97.8K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,955,600
Cap Rate 7%
$1,396,857
Cap Rate 9%
$1,086,444
Alternative Uses
Best Use
Office B
$1.40M
$1.22M – $1.63M
NOI $97,780 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.65M – $2.19M
NOI $131,667 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
Demographics for 78726, TX
15,618
Population
6,325
Households
2.5
Avg Household Size
34
Median Age
63%
College-Educated
99%
High-School Grad
11.6 sq mi
ZIP Area
1,346
Density / Sq Mi
$92,275
Median Household Income
$59,871
Median Earnings
$1,690
Median Rent
$648,500
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 Austin, TX
Frequently Asked Questions
What type of property is this?
Office unit - Move-in-ready office condos in Cedar Park, TX.
Where is this office unit located?
The property is located at 12801 Anderson Mill Rd Austin, TX.
What is the asking price?
The asking price for this property is $1,868,628.
What are key features of this property?
This property features: Move‑in‑ready, turn‑key office condo units available for sale or lease.; Ideally situated in Cedar Park, TX, with great accessibility to both Austin and Cedar Park.; Flexible layout with multiple private offices, break area, conference room, and large open office area.
