Medical/Office Condo For
4005 Spicewood Springs Rd Austin, TX
4005 Spicewood Springs Rd, Austin, TX, 00000
Contact for pricing
For Sale
Contact for pricing
Medical or office condo available for sale as investment.
Property Size3,982 SF
Lot Size1.01 Acres
Price / SF$386.74
Days on Market331
Property Features for 4005 Spicewood Springs Rd
General Information
- Standard status
- Active
- Size
- 3,982 SF
- Lot size
- 1.01 Acres
- Property subtype
- RETAIL
Properties For Sale
at 4005 Spicewood Springs Rd Contact us
Listing Agency
JLL | Austin
(512) 368-7122
Listed by
Andrew Cornwell · License #629620
Source
Moodyscre
Added: Aug 21, 2025 Checked: Jul 17 at 2:58 am
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 JLL | Austin
Investment Insights
Based on property information with market context.
Available for sale is a medical or office condo located in Building C at 4005 Spicewood Springs Rd, suitable for either an owner-occupier or investment. The building has a total size of 3,982 square feet. Of this, 1,926 square feet is currently available, while 2,056 square feet is leased to 512 Smiles.
Key Highlights
- Suitable for owner‑occupier or investment purposes
- 1,926 SF available in a two‑tenant building
- Existing tenant (512 Smiles) provides immediate income potential
Local Financial Insights For Office B
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 | $142.9k | $35.88 |
| − Vacancy | −$34.7k | −$8.72 |
| EGI | $108.2k | $27.16 |
| − OpEx | −$27.0k | −$6.79 |
| NOI | $81.1k | $20.37 |
3,982 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.16M
$1.01M – $1.35M
NOI $81,117 @ 7.0% cap · market cap 5.27%
Second Best
Healthcare Medical
$749.5K
$655.8K – $874.5K
NOI $52,467 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,229 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Maureen Havelka LCSW-S, ...
Foster Care Service
Dr. William Burkhart
Dental Office
512 Smiles Dental
Dental Office
Custer Sylvia H ...
Dental Office
James G Kalpaxis, ...
Ophthalmologist
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Similar Off Market Nearby
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- Theresa Hardy — 3426 Greystone Dr, Austin, TX 787312341
- Lee Elena DVM — 3426 Greystone Dr, Austin, TX 78731
- Mckelvey Rocky DVM — 3426 greystone dr, austin, tx 78731
FAQs
What type of property is this?
Medical Office Space - Medical or office condo available for sale as investment.
Where is this medical office space located?
The property is located at 4005 Spicewood Springs Rd Austin, TX.
What is the asking price?
The asking price for this property is $1,540,000.
What are key features of this property?
This property features: Suitable for owner‑occupier or investment purposes; 1,926 SF available in a two‑tenant building; Existing tenant (512 Smiles) provides immediate income potential
