Medical Office Condo with Exam
For Sale
$780,000
300-11901 W Parmer Ln, Cedar Park, TX 78613
Existing clinical layout supports patient care, administration, and reception functions within a professional office condominium.
Property Size2,000 SF
Price / SF$390
Days on Market325
Property Features for 300-11901 W Parmer Ln
General Information
Standard status
Active
Size
2,000 SF
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$15,490
Building Details
Tenancy
Single
Listing Agency:
Waterloo Realty, LLC
(512) 750-6280
Listed By:
Suzanne Valentine
(512) 866-0866
Source:
Exprealty
Added: Nov 25, 2025
Changed: Oct 11
Last Checked: Oct 15 at 3:37AM
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 Waterloo Realty, LLC
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Investment Insights
Based on property information with market context.
This office condominium in Cedar Park retains a medical-oriented interior configuration from the prior occupant, while the current non-medical user has left the build-out intact. The 2000sf suite includes 4 exam rooms, 1 procedure room, 2 private offices, a waiting area, reception and checkout stations, and a nurses' station. The space also features professional finishes and has been well maintained.
Located at 300-11901 W Parmer Ln, the property includes abundant parking and an established office setting. The existing room arrangement provides distinct areas for patient-facing activity, clinical functions, and administrative work without requiring a new interior layout.
Located at 300-11901 W Parmer Ln, the property includes abundant parking and an established office setting. The existing room arrangement provides distinct areas for patient-facing activity, clinical functions, and administrative work without requiring a new interior layout.
Key Highlights
- 2000sf office condominium with an existing medical‑oriented build‑out
- 4 exam rooms and 1 procedure room
- 2 private offices plus a nurses' station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,691
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$953,820
$953.8K
Cap Rate 7%
$681,300
$681.3K
Cap Rate 9%
$529,900
$529.9K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$84.0K $42.00/SF
− Vacancy
−$20.4K −$10.21/SF
EGI
$63.6K $31.79/SF
− OpEx
−$15.9K −$7.95/SF
NOI
$47.7K $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%
$953,820
Cap Rate 7%
$681,300
Cap Rate 9%
$529,900
Alternative Uses
Best Use
Office B
$681.3K
$596.1K – $794.9K
NOI $47,691 @ 7.0% cap · market cap 6.11%
Second Best
Healthcare Medical
$518.4K
$453.6K – $604.8K
NOI $36,288 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$836.1K
$731.6K – $975.4K
NOI $58,524 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing clinical layout supports patient care, administration, and reception functions within a professional office condominium.
Where is this medical office space located?
The property is located at 300-11901 W Parmer Ln Cedar Park, TX.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 2000sf office condominium with an existing medical‑oriented build‑out; 4 exam rooms and 1 procedure room; 2 private offices plus a nurses' station
