Move-In Ready Office
For Sale
Contact for pricing
1508 Dessau Ridge Lane, Austin, TX 78754
Efficient office suite in an office park with convenient access to major North Austin roadways.
Property Size972 SF
Price / SF$360.08
Days on Market141
Property Features for 1508 Dessau Ridge Lane
General Information
Standard status
Active
Size
972 SF
Property subtype
Office
Zoning
LO-CO, LR-CO
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
2008
Listing Agency:
New Edge Commercial Real Estate
Listed By:
Neerja Kwatra · License #TX 0664880
(512) 698-2730
Source:
Crexi
Added: Jun 3
Changed: Oct 13
Last Checked: Oct 20 at 9:27PM
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 New Edge Commercial Real Estate
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Investment Insights
Based on property information with market context.
This move-in ready professional office suite is located within an office park setting on Dessau Ridge Lane. The space is described as having an efficient layout suited to professional services and client-facing uses, including medical office, spa/salon, or small business operations. The suite is offered for sale at a listed size of 972 square feet.
The property is positioned in Northeast Austin with quick regional connectivity to Parmer Lane, IH-35, US-290, SH-130, and Howard Lane. The surrounding area includes strong residential density as well as retail amenities, parks, and trails. The remarks also note proximity to major employers such as Samsung, Dell, Applied Materials, Amazon Warehouse, National Instruments, General Motors, Hewlett-Packard, and BAE Systems, along with convenient access toward The Domain and other North Austin employment hubs.
For tenants and buyers, the combination of an efficient, move-in ready suite and straightforward access for both employees and clients makes this a practical fit for service-oriented operators looking to establish or relocate in a professional office park environment. The described layout supports a range of office and healthcare-adjacent uses while keeping the day-to-day focus on functionality and client experience.
The property is positioned in Northeast Austin with quick regional connectivity to Parmer Lane, IH-35, US-290, SH-130, and Howard Lane. The surrounding area includes strong residential density as well as retail amenities, parks, and trails. The remarks also note proximity to major employers such as Samsung, Dell, Applied Materials, Amazon Warehouse, National Instruments, General Motors, Hewlett-Packard, and BAE Systems, along with convenient access toward The Domain and other North Austin employment hubs.
For tenants and buyers, the combination of an efficient, move-in ready suite and straightforward access for both employees and clients makes this a practical fit for service-oriented operators looking to establish or relocate in a professional office park environment. The described layout supports a range of office and healthcare-adjacent uses while keeping the day-to-day focus on functionality and client experience.
Key Highlights
- Professional office suite in a Northeast Austin office park, built in 2008
- Efficient layout suited for professional services, medical, spa/salon, or small business use
- Minutes to Parmer Lane, IH‑35, US‑290, SH‑130, and Howard Lane for regional connectivity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,800
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
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
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 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 5.66%
Second Best
Healthcare Medical
$183.0K
$160.1K – $213.5K
NOI $12,807 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$380.9K
$333.3K – $444.4K
NOI $26,663 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
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
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 - Efficient office suite in an office park with convenient access to major North Austin roadways.
Where is this office unit located?
The property is located at 1508 Dessau Ridge Lane Austin, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Professional office suite in a Northeast Austin office park, built in 2008; Efficient layout suited for professional services, medical, spa/salon, or small business use; Minutes to Parmer Lane, IH‑35, US‑290, SH‑130, and Howard Lane for regional connectivity
