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    Medical Office Building Title is generated by Realmo AI

    6500 McNeil Drive, Austin, TX 78729

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    Freestanding medical office property on a NW corner site near Highway 183.

    Type:Retail, Office
    Property size:
    4,164 SF
    Price / SF:
    $336/SF
    Added:
    Jun 3, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 6 at 4:24 am

    Property Features for 6500 McNeil Drive

    General Information

    Standard status
    Active
    Size
    4,164 SF
    Property subtype
    Retail, Office

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    Listing Contact
    Brent Campbell
    Brent Campbell

    Listing agent Brent Campbell License #TX 505073

    Listing office Don Quick & Associates Inc

    Listing date Jun 3, 2026

    Source Crexi

    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 Don Quick & Associates Inc

    HighLights

    • Freestanding medical office property on a NW corner site
    • Located on the NW corner of McNeil Dr and Dakota Ln
    • Just one mile east of Hwy 183

    Overview

    This property is a medical office facility built for general or medical office use. It is offered for sale as a standalone asset designed to support professional office operations.

    The building is located on the northwest corner of McNeil Dr and Dakota Ln, approximately one mile east of Highway 183. That corner positioning provides straightforward site access and clear identity for the property along the main drive.

    For buyers seeking an owner-occupied or investment-oriented medical office, the existing office-oriented configuration and dedicated use profile can help streamline tenant fit. The proximity to Highway 183 supports convenient regional access for staff and patients, making it a practical option for established medical and professional services looking for a purpose-built office setting.

    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 $149.4k $35.88
    − Vacancy −$36.3k −$8.72
    EGI $113.1k $27.16
    − OpEx −$28.3k −$6.79
    NOI $84.8k $20.37
    4,164 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.21M
    $1.06M – $1.41M (±1% cap)
    NOI $84,824 @ 7.0% cap · market cap 6.06%
    Second Best
    Healthcare Medical
    $783.8K
    $685.8K – $914.4K (±1% cap)
    NOI $54,865 @ 7.0% cap · market cap 3.92%
    Theoretical Best
    Office A
    $1.63M
    $1.43M – $1.90M (±1% cap)
    NOI $114,221 @ 7.0% cap · market cap 8.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Advanced Dental Care ... Dental Office Justin D'Abadie, DDS, ... Dental Office Dr. Jaya Hiremath, ... Dental Office Kathleen Mcneil Dental Office Dr. Jayashree Savur-Hiremath Dental Office

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Wood, Jason D, DVM — 6909 McNeil Dr, Austin, TX 78729
    • Balcones Animal Hospital Inc — 6909 McNeil Dr, Austin, TX 78729

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.753585
    Latitude
    30.4399491

    FAQs

    What type of property is this?
    Medical Office Space - Freestanding medical office property on a NW corner site near Highway 183.
    Where is this medical office space located?
    The property is located at 6500 McNeil Drive Austin, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Freestanding medical office property on a NW corner site; Located on the NW corner of McNeil Dr and Dakota Ln; Just one mile east of Hwy 183
    More about this property
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