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Two-Story Flex Space
For Sale
$775,000

21a-2000 Windy Ter, Cedar Park, TX 78613

Private offices, conference space, and two kitchenettes create a move-in-ready commercial layout.

Property Size3,555 SF
Price / SF$218
Days on Market124

Property Features for 21a-2000 Windy Ter

General Information

Standard status Active
Size 3,555 SF

Warehouse & Industrial

Warehouse Space 800 SF
Drive-In Doors 1

Additional Details

Asking Price $775,000

Amenities

private outdoor deck
private offices
conference space
kitchenettes

Building Details

Buildings 1
Stories 2
Building Size 3,555 SF
Listing Agency: Christies Intl Real Estate Lone Star
Listed By: Bradley Baker
Source: Exprealty
Added: Mar 31 Changed: Jul 31 Last Checked: Jul 31 at 5:58PM

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 Christies Intl Real Estate Lone Star

Investment Insights

Based on property information with market context.

This ±3,555 SF two-story flex property combines approximately 800 SF of warehouse space with private offices, conference space, two kitchenettes, and upgraded office finishes. The warehouse area includes a grade-level roll-up door and epoxy floors. A private outdoor deck shaded by mature oak trees adds an additional on-site amenity. The two-level floorplan can function as a single headquarters, support an owner-user with supplemental rental income, or accommodate separate tenants.

Located at 21a-2000 Windy Ter in Cedar Park, the property is within minutes of Lakeline Mall, the Bell District redevelopment, and The Domain. An estimated 7% cap rate is based on conservative market rents.

Key Highlights

  • ±3,555 SF two‑story flex property
  • Approximately 800 SF of warehouse space
  • Grade‑level roll‑up door and epoxy warehouse floors

Financial Insights For Warehouse

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 $52.9k $14.88
− Vacancy −$10.8k −$3.04
EGI $42.1k $11.84
− OpEx −$6.3k −$1.78
NOI $35.8k $10.07
3,555 SF · lease $14.88/SF/yr · vacancy 20.40% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,771 @ 7.0% cap · market cap 10.94%
Second Best
Warehouse
$511.3K
$447.4K – $596.5K (±1% cap)
NOI $35,791 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $104,026 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Accounting Firm Computer & Electronic Repair Locksmith

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

1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78613, TX

89,279
Population
34,198
Households
2.6
Avg Household Size
36
Median Age
55%
College-Educated
97%
High-School Grad
27.7 sq mi
ZIP Area
3,223
Density / Sq Mi
$120,829
Median Household Income
$61,782
Median Earnings
$1,733
Median Rent
$461,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Private offices, conference space, and two kitchenettes create a move-in-ready commercial layout.
Where is this flex space located?
The property is located at 21a-2000 Windy Ter Cedar Park, TX.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: ±3,555 SF two‑story flex property; Approximately 800 SF of warehouse space; Grade‑level roll‑up door and epoxy warehouse floors
More about this property
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