Move-In Ready Office
1508 Dessau Ridge Lane Austin, TX 78754
1508 Dessau Ridge Lane, Austin, TX, 78754
Contact for pricing
For Sale
Contact for pricing
Efficient office suite in an office park with convenient access to major North Austin roadways.
Property Size972 SF
Price / SF$360.08
Days on Market50
Property Features for 1508 Dessau Ridge Lane
General Information
- Standard status
- Active
- Size
- 972 SF
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing agency
New Edge Commercial Real Estate
(512) 964-3656
Listed by
Neerja Kwatra · License #TX 0664880
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:53PM Checked: Jul 22 at 4:43PM
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
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
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 | $34.9k | $35.88 |
| − Vacancy | −$8.5k | −$8.72 |
| EGI | $26.4k | $27.16 |
| − OpEx | −$6.6k | −$6.79 |
| NOI | $19.8k | $20.37 |
972 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pivotal Group
Big Box & Wholesale Store
Dessau Family Dentistry
Dental Office
Gonzalez Denova Insurance
Insurance Agency
Robert Ndegwa - State ...
Insurance Agency
Williams Law Firm ...
Law Firm
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FAQs
What type of property is this?
Office units - Efficient office suite in an office park with convenient access to major North Austin roadways.
Where is this office units 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
