Two-Story Medical Office
8301 Shoal Creek BLVD Austin, TX 78757
For Sale
$975,000
A 2-story medical office building built out for medical use with good visibility and easy access to major Austin routes.
Property Size3,115 SF
Price / SF$313
Days on Market22
Property Features for 8301 Shoal Creek BLVD
General Information
- Standard status
- Active
- Size
- 3,115 SF
- Property subtype
- Office
Building Details
- Year Built
- 1972
Listing Agency:
Special Agent Group
(512) 633-2233
Listed By:
Neil Stokes · License #459228
(512) 633-2233
Source:
Xome
Added: Jul 5
Changed: Jul 25
Last Checked: Jul 25 at 1:41PM
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 Special Agent Group
Investment Insights
Based on property information with market context.
Charming 3,115 sq. ft. (per plans) two-story medical office building designed and built out as medical office space. The property is tastefully developed for medical office use and offers good visibility.
The building is located in North Central Austin with easy access to Mopac, Hwy. 183, Anderson Ln. and Burnet Rd. The property backs up to Shoal Creek.
This configuration provides a dedicated medical office setting within a purpose-built two-story layout.
The building is located in North Central Austin with easy access to Mopac, Hwy. 183, Anderson Ln. and Burnet Rd. The property backs up to Shoal Creek.
This configuration provides a dedicated medical office setting within a purpose-built two-story layout.
Key Highlights
- 2‑story medical office building built in 1972 and tastefully built out for medical use
- 3,115 sq. ft. (per plans) medical office building
- 3 guest facilities
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 | $111.8k | $35.88 |
| − Vacancy | −$27.2k | −$8.72 |
| EGI | $84.6k | $27.16 |
| − OpEx | −$21.2k | −$6.79 |
| NOI | $63.5k | $20.37 |
3,115 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$906.5K
$793.2K – $1.06M
NOI $63,455 @ 7.0% cap · market cap 6.51%
Second Best
Healthcare Medical
$586.3K
$513.0K – $684.1K
NOI $41,043 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,446 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Michele K. Moore, ...
Alternative Medicine Practice
Dr. Chuma Chike-Obi
Physician
Gladys E. Curlee, ...
Counselor
Care Counciling
Doctor
Renu Well Aesthetics ...
Spa & Massage Center
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- 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 - A 2-story medical office building built out for medical use with good visibility and easy access to major Austin routes.
Where is this medical office space located?
The property is located at 8301 Shoal Creek BLVD Austin, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 2‑story medical office building built in 1972 and tastefully built out for medical use; 3,115 sq. ft. (per plans) medical office building; 3 guest facilities