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Freestanding Medical Office Building

1901 NATIONAL PARK AUSTIN TX 78747, Austin, TX 78747

For Sale
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Freestanding professional facility with adaptable rooms, existing plumbing, and direct interstate access.

Property Size4,559 SF
Price / SF$0.01
Days on Market96

Property Features for 1901 NATIONAL PARK AUSTIN TX 78747

General Information

Standard status Active
Size 4,559 SF
Property subtype Commercial
Zoning Comm

Site & Location

Neighborhood Onion Creek
Highway Access Yes

Additional Details

Sprinkler System Yes

Amenities

security system
landscaped grounds
I-35 visibility and signage

Building Details

Year Built 2015
Buildings 1
Stories 1
Listing Agency: Andrew Phillips, Broker
Listed By: Andrew Phillips · License #0672721
Source: Kwsanantonio
Added: Aug 6 Changed: Oct 26 Last Checked: Nov 8 at 2:08AM

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 Andrew Phillips, Broker

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2015, this 4,559 SF freestanding medical office property is arranged with multiple private rooms, each equipped with plumbing. The configuration can support exam rooms, treatment areas, or professional offices without requiring extensive interior conversion. Security equipment and fire sprinklers are installed throughout, while landscaped grounds and ample parking serve the building. The property carries Comm zoning.

Positioned in South Austin across from Southpark Meadows, the building offers direct access to I-35 and visible signage at the interstate. Its setting combines a professional environment with prominent highway exposure. The entire building is available under an NNN lease structure, with terms beginning at 2 years and longer terms available.

Key Highlights

  • 4,559 SF freestanding medical office building
  • Built in 2015 with Comm zoning
  • Multiple rooms include existing plumbing for medical or professional configurations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,069
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,380 $1.2M
Cap Rate 7%
$858,129 $858.1K
Cap Rate 9%
$667,433 $667.4K
Market Conditions
NOI Build-Up for 4,559 SF
Gross rent
$109.4K $24.00/SF
− Vacancy
−$9.3K −$2.04/SF
EGI
$100.1K $21.96/SF
− OpEx
−$40.0K −$8.78/SF
NOI
$60.1K $13.18/SF
Area
Austin, TX
Vacancy
8.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,201,380
Cap Rate 7%
$858,129
Cap Rate 9%
$667,433

Alternative Uses

Best Use
Office B
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,871 @ 7.0% cap · market cap 403,786.96%
Second Best
Healthcare Medical
$858.1K
$750.9K – $1.00M (±1% cap)
NOI $60,069 @ 7.0% cap · market cap 261,169.57%
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M (±1% cap)
NOI $125,056 @ 7.0% cap · market cap 543,721.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

First Class Child ... Daycare Center

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Accounting Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78747, TX

21,891
Population
8,860
Households
2.5
Avg Household Size
33
Median Age
38%
College-Educated
89%
High-School Grad
22.2 sq mi
ZIP Area
986
Density / Sq Mi
$86,456
Median Household Income
$47,896
Median Earnings
$1,776
Median Rent
$395,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Medical Office Space in Austin, TX

$312 Jul
$439 Aug
$401 Sep
$401 Oct

Properties on Market for Medical Office Space in Austin

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025

Similar Off Market Nearby

  • Prickly Pear Pet Vaccines — 9900 S Interstate 35 Bldg 42 Ste P480, Austin, TX 78748
  • Banfield Pet Hospital — 9300 S I-35 Frontage Rd, Austin, TX 78748

Frequently Asked Questions

What type of property is this?
Medical Office Space - Freestanding professional facility with adaptable rooms, existing plumbing, and direct interstate access.
Where is this medical office space located?
The property is located at 1901 NATIONAL PARK AUSTIN TX 78747 Austin, TX.
What are key features of this property?
This property features: 4,559 SF freestanding medical office building; Built in 2015 with Comm zoning; Multiple rooms include existing plumbing for medical or professional configurations
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Includes: Price & PSF · Cap rate · Location · Zoning

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