Professional Office Suite For
For Sale
$330,000
1913 Dutton Dr 405, San Marcos, TX 78666
Well-designed office suite with long-term tenant in place.
Property Size967 SF
Price / SF$341.26
Days on Market229
Property Features for 1913 Dutton Dr 405
General Information
Standard status
Active
Size
967 SF
Building Details
Year Built
2014
Listing Agency:
All City Real Estate Ltd. Co
Listed By:
Nick Stiler · License #0690734
(512) 787-3869
Source:
Brandyerocca
Added: Mar 10
Changed: Oct 4
Last Checked: Oct 7 at 5:39PM
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 All City Real Estate Ltd. Co
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Investment Insights
Based on property information with market context.
Suite 405 at 1913 Dutton Dr offers a professional workspace featuring a waiting area, four private offices, a spacious media/storage closet, and a private restroom. The suite includes stained concrete and high ceilings. Located in a Business Condominium Complex, the property is situated 0.5 miles from I-35 and 0.25 miles from the Hays County Government Center, directly across from Christus Santa Rosa Hospital and multiple medical complexes. The suite has a current lease in place for the next 5 years with a tenant that has been occupying the space for the previous decade. The base rent is $20,472 per year with $5.76 per year pass through.
Key Highlights
- Current long‑term lease in place (5 years) with established tenant.
- Prime location: close to I‑35, Hays County Government Center, and Christus Santa Rosa Hospital.
- Professional office space with four private offices, waiting area, and private restroom.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,059
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,180
$461.2K
Cap Rate 7%
$329,414
$329.4K
Cap Rate 9%
$256,211
$256.2K
Market Conditions
NOI Build-Up for 967 SF
Gross rent
$40.6K $42.00/SF
− Vacancy
−$9.9K −$10.21/SF
EGI
$30.7K $31.79/SF
− OpEx
−$7.7K −$7.95/SF
NOI
$23.1K $23.85/SF
Area
Hays County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,180
Cap Rate 7%
$329,414
Cap Rate 9%
$256,211
Alternative Uses
Best Use
Office B
$329.4K
$288.2K – $384.3K
NOI $23,059 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$404.2K
$353.7K – $471.6K
NOI $28,296 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Explore this area
Business Placement
Demographics for 78666, TX
86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Well-designed office suite with long-term tenant in place.
Where is this office unit located?
The property is located at 1913 Dutton Dr 405 San Marcos, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Current long‑term lease in place (5 years) with established tenant.; Prime location: close to I‑35, Hays County Government Center, and Christus Santa Rosa Hospital.; Professional office space with four private offices, waiting area, and private restroom.
