Medical Office
For Sale
Contact for pricing
6500 McNeil Drive, Austin, TX 78729
Freestanding medical office property on a NW corner site near Highway 183.
Property Size4,164 SF
Price / SF$336.22
Days on Market143
Property Features for 6500 McNeil Drive
General Information
Standard status
Active
Size
4,164 SF
Class
B
Property subtype
Retail, Office
Site & Location
Neighborhood
Pond Springs
Building Details
Tenancy
Multi
Listing Agency:
Don Quick & Associates Inc
Listed By:
Brent Campbell · License #TX 505073
(512) 814-1814
Source:
Crexi
Added: Jun 3
Changed: Oct 12
Last Checked: Oct 23 at 6:47AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
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.
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.
Key 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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,824
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,696,480
$1.7M
Cap Rate 7%
$1,211,771
$1.2M
Cap Rate 9%
$942,489
$942.5K
Market Conditions
NOI Build-Up for 4,164 SF
Gross rent
$149.4K $35.88/SF
− Vacancy
−$36.3K −$8.72/SF
EGI
$113.1K $27.16/SF
− OpEx
−$28.3K −$6.79/SF
NOI
$84.8K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,696,480
Cap Rate 7%
$1,211,771
Cap Rate 9%
$942,489
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,824 @ 7.0% cap · market cap 6.06%
Second Best
Healthcare Medical
$783.8K
$685.8K – $914.4K
NOI $54,865 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,221 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 78729, TX
31,829
Population
15,717
Households
2
Avg Household Size
35
Median Age
61%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
3,248
Density / Sq Mi
$81,589
Median Household Income
$54,271
Median Earnings
$1,613
Median Rent
$434,500
Median Home Value
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Market
Vacancy Rate% for Office in Austin, TX
Similar Off Market Nearby
- Balcones Animal Hospital Inc — 6909 McNeil Dr, Austin, TX 78729
- Wood, Jason D, DVM — 6909 McNeil Dr, Austin, TX 78729
- Vanguard portable veterinary associates — Unnamed Road, Austin, TX 78727
Frequently Asked Questions
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
