Tenant-Occupied Office Space For
For Sale
Contact for pricing
1508 Dessau Ridge Ln, Austin, TX 78754
Office space near tech companies with easy highway access.
Property Size972 SF
Price / SF$308.64
Days on Market115
Property Features for 1508 Dessau Ridge Ln
General Information
Standard status
Active
Size
972 SF
Property subtype
OFFICE
Listing Agency:
LT Commercial Group
(512) 547-9414
Listed By:
Christin Ong · License #774195
Source:
Moodyscre
Added: Apr 30
Changed: Aug 8
Last Checked: May 8 at 3:38AM
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 LT Commercial Group
Investment Insights
Based on property information with market context.
This tenant-occupied commercial property is located on the border of Austin and Pflugerville. The property offers convenient access to SH 130, Hwy 290, and IH-35. It is situated in close proximity to Samsung, Dell, Applied Materials, and other tech companies. Dessau Elementary and Middle School are also nearby. The property encompasses 972 square feet and includes four offices, a reception area, one ADA restroom, and a break room.
Key Highlights
- Convenient location near major tech companies (Samsung, Dell, Applied Materials).
- Easy access to SH 130, Hwy 290, & IH‑35.
- Located at the border of Austin and Pflugerville.
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
$19,800
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
6.60%
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%
$396,000
$396.0K
Cap Rate 7%
$282,857
$282.9K
Cap Rate 9%
$220,000
$220.0K
Market Conditions
NOI Build-Up for 972 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
$34.9K $35.88/SF
− Vacancy
−$8.5K −$8.72/SF
EGI
$26.4K $27.16/SF
− OpEx
−$6.6K −$6.79/SF
NOI
$19.8K $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 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%
$396,000
Cap Rate 7%
$282,857
Cap Rate 9%
$220,000
Alternative Uses
Best Use
Office B
$282.9K
$247.5K – $330.0K
NOI $19,800 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$380.9K
$333.3K – $444.4K
NOI $26,663 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 78754, TX
27,020
Population
13,195
Households
2
Avg Household Size
33
Median Age
42%
College-Educated
86%
High-School Grad
15.1 sq mi
ZIP Area
1,789
Density / Sq Mi
$92,964
Median Household Income
$49,730
Median Earnings
$1,704
Median Rent
$318,900
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office space near tech companies with easy highway access.
Where is this office units located?
The property is located at 1508 Dessau Ridge Ln Austin, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Convenient location near major tech companies (Samsung, Dell, Applied Materials).; Easy access to SH 130, Hwy 290, & IH‑35.; Located at the border of Austin and Pflugerville.
