Office Suite with Private
For Sale
$549,500
3109 Kenai Dr #109, Cedar Park, TX 78613
A recently repainted workspace includes dedicated meeting, reception, and break areas, plus on-site parking.
Property Size1,320 SF
Price / SF$416.29
Days on Market200
Property Features for 3109 Kenai Dr #109
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Commercial
Site & Location
Neighborhood
Oak Brook
Additional Details
Condition
Move-in Ready
Property Use
Office
Taxes and HOA fees
Annual Taxes
$11,583
Building Details
Building Size
1,320 SF
Year Built
2018
Buildings
1
Listing Agency:
DeVillar Properties
Listed By:
George DeVillar
(512) 639-0258
Source:
Devillarproperties
Added: Apr 9
Changed: Oct 23
Last Checked: Oct 23 at 4:54PM
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 DeVillar Properties
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Investment Insights
Based on property information with market context.
Located at 3109 Kenai Dr #109 in Cedar Park, this office suite was built in 2018 and recently received fresh paint. Its layout includes five private offices, a conference room, reception area, break room, and two restrooms. Storefront windows bring natural light into the workspace, and on-site parking is available.
The property is near Parmer Lane, providing a convenient reference point for the Cedar Park location.
The property is near Parmer Lane, providing a convenient reference point for the Cedar Park location.
Key Highlights
- Five private offices, a conference room, reception area, and break room
- Two restrooms
- Storefront windows and on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,476
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,520
$629.5K
Cap Rate 7%
$449,657
$449.7K
Cap Rate 9%
$349,733
$349.7K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$55.4K $42.00/SF
− Vacancy
−$13.5K −$10.21/SF
EGI
$42.0K $31.79/SF
− OpEx
−$10.5K −$7.95/SF
NOI
$31.5K $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%
$629,520
Cap Rate 7%
$449,657
Cap Rate 9%
$349,733
Alternative Uses
Best Use
Office B
$449.7K
$393.5K – $524.6K
NOI $31,476 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$551.8K
$482.8K – $643.8K
NOI $38,626 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A recently repainted workspace includes dedicated meeting, reception, and break areas, plus on-site parking.
Where is this office unit located?
The property is located at 3109 Kenai Dr #109 Cedar Park, TX.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: Five private offices, a conference room, reception area, and break room; Two restrooms; Storefront windows and on‑site parking
