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Class A Medical Office Condos
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312 Medical Parkway Building E, Lakeway, TX 78738

Two unfinished suites support customized healthcare or professional office build-outs.

Property Size15,652 SF
Days on Market112

Property Features for 312 Medical Parkway Building E

General Information

Standard status Active
Size 15,652 SF
Class A
Property subtype Office

Additional Details

Furnished No

Building Details

Building Size 15,652 SF
Year Built 2023
Listing Agency: St. Croix Capital Realty Advisors
Listed By: Gayle Berkbigler, CCIM · License #TX #451428
Source: 7s
Added: Jun 25 Changed: Oct 10 Last Checked: Oct 12 at 5:27PM

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 St. Croix Capital Realty Advisors

Investment Insights

Based on property information with market context.

Building E contains two Class A office condominium units designed for medical or professional office use. Unit 2 offers 3,402 square feet on the first floor, while Unit 3 provides 8,329 square feet on the second floor. Both spaces are delivered as cold dark shells, allowing the interior layout and improvements to be tailored to the intended operation.

The property is located on the Baylor Scott & White Hospital campus at 312 Medical Parkway in Lakeway, Texas. Constructed in 2023, the building provides a contemporary setting for office users seeking a healthcare-campus location and flexible interior configuration.

Key Highlights

  • Two medical or professional office condo units in Building E
  • Unit 2: 3,402 sqft of cold dark shell space on the 1st floor
  • Unit 3: 8,329 sqft of cold dark shell space on the 2nd floor

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Building Supply Grocery & Convenience Store Bakery Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

788
Businesses Nearby
Balanced
Demand for This Use

Demographics for 78738, TX

29,529
Population
11,907
Households
2.5
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
42.1 sq mi
ZIP Area
701
Density / Sq Mi
$169,911
Median Household Income
$88,929
Median Earnings
$1,915
Median Rent
$754,600
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two unfinished suites support customized healthcare or professional office build-outs.
Where is this medical office space located?
The property is located at 312 Medical Parkway Building E Lakeway, TX.
What are key features of this property?
This property features: Two medical or professional office condo units in Building E; Unit 2: 3,402 sqft of cold dark shell space on the 1st floor; Unit 3: 8,329 sqft of cold dark shell space on the 2nd floor
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