Corner Office Condo
For Sale
Contact for pricing
2301 S Bagdad Road #301, Cedar Park, TX 78613
A flexible suite layout includes reception, three offices, and a conference room that can serve as a fourth office.
Property Size850 SF
Price / SF$2.06
Days on Market76
Property Features for 2301 S Bagdad Road #301
General Information
Standard status
Active
Size
850 SF
Total Parking Spaces
2
Property subtype
Office
Additional Details
Property Use
Office
Building Details
Year Built
2017
Listing Agency:
Cheryl Tucker Realty
(512) 705-9010
Listed By:
Cheryl Tucker · License #0565996
Source:
Hoydenhomes
Added: Aug 18
Changed: Oct 30
Last Checked: Oct 31 at 9:13PM
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 Cheryl Tucker Realty
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Investment Insights
Based on property information with market context.
This 850-square-foot office condo, built in 2017, is a corner suite with a reception area, storage closet, ADA restroom, and break area with storage cupboards. The layout provides three offices and a conference room that can be used as a fourth office. Hard tile and new LVP flooring are installed throughout, with no carpet.
The suite is at 2301 S Bagdad Road, next to Leander High School in Cedar Park. Two reserved parking spaces are included. The tenant pays utilities; the listing specifies no NNN charges or HOA dues.
The suite is at 2301 S Bagdad Road, next to Leander High School in Cedar Park. Two reserved parking spaces are included. The tenant pays utilities; the listing specifies no NNN charges or HOA dues.
Key Highlights
- 850‑square‑foot corner office condo suite built in 2017
- Three offices plus a conference room or fourth office
- Reception, storage closet, ADA restroom, and break area with storage cupboards
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,269
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,380
$405.4K
Cap Rate 7%
$289,557
$289.6K
Cap Rate 9%
$225,211
$225.2K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$35.7K $42.00/SF
− Vacancy
−$8.7K −$10.21/SF
EGI
$27.0K $31.79/SF
− OpEx
−$6.8K −$7.95/SF
NOI
$20.3K $23.85/SF
Area
Williamson 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%
$405,380
Cap Rate 7%
$289,557
Cap Rate 9%
$225,211
Alternative Uses
Best Use
Office B
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 1,158.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.3K
$310.9K – $414.5K
NOI $24,872 @ 7.0% cap · market cap 1,421.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible suite layout includes reception, three offices, and a conference room that can serve as a fourth office.
Where is this office unit located?
The property is located at 2301 S Bagdad Road #301 Cedar Park, TX.
What are key features of this property?
This property features: 850‑square‑foot corner office condo suite built in 2017; Three offices plus a conference room or fourth office; Reception, storage closet, ADA restroom, and break area with storage cupboards
