Remodeled Dental Office in
For Sale
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5901 Old Fredericksburg Rd, Austin, TX 78749
2,251 SF dental office in Southwest Austin for sale.
Property Size2,251 SF
Price / SF$439.36
Days on Market523
Property Features for 5901 Old Fredericksburg Rd
General Information
Standard status
Active
Size
2,251 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
2008
Buildings
1
Stories
1
Units
1
Listing Agency:
Challenge Group International
Listed By:
Andrew Martin · License #TX 521582
Source:
Crexi
Added: Apr 2, 2025
Changed: Aug 26
Last Checked: Sep 5 at 12:18PM
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 Challenge Group International
Investment Insights
Based on property information with market context.
Located at 5901 Old Fredericksburg Road in Southwest Austin, Suite D102 offers 2,251 square feet of dental office space. The property is situated within a professional office condominium project. The suite features a waiting room, a nurse’s station, five dental operatories plumbed with sinks, two restrooms, a break room, a large lab, and two built-in workstations. The location provides access to US 290/71, Loop 1 (MoPac), and the Y at Oak Hill, serving the South and West Austin communities. The property includes two private entrances, ample parking, and a stone-and-metal exterior. This space is suitable for a dental professional looking to establish or expand their practice.
Key Highlights
- Prime Southwest Austin location with easy access to US 290/71, Loop 1 (MoPac), and the Y at Oak Hill.
- Newly remodeled, beautifully finished 2,251 SF dental office space.
- Features five dental operatories plumbed with sinks, a large lab, and two restrooms.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,855
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$917,100
$917.1K
Cap Rate 7%
$655,071
$655.1K
Cap Rate 9%
$509,500
$509.5K
Market Conditions
NOI Build-Up for 2,251 SF
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.
Gross rent
$80.8K $35.88/SF
− Vacancy
−$19.6K −$8.72/SF
EGI
$61.1K $27.16/SF
− OpEx
−$15.3K −$6.79/SF
NOI
$45.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$917,100
Cap Rate 7%
$655,071
Cap Rate 9%
$509,500
Alternative Uses
Best Use
Office B
$655.1K
$573.2K – $764.3K
NOI $45,855 @ 7.0% cap · market cap 4.64%
Second Best
Healthcare Medical
$423.7K
$370.7K – $494.3K
NOI $29,659 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$882.1K
$771.8K – $1.03M
NOI $61,746 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78749, TX
35,239
Population
16,554
Households
2.1
Avg Household Size
37
Median Age
67%
College-Educated
96%
High-School Grad
9.7 sq mi
ZIP Area
3,633
Density / Sq Mi
$113,918
Median Household Income
$70,158
Median Earnings
$1,843
Median Rent
$530,900
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 2,251 SF dental office in Southwest Austin for sale.
Where is this medical office space located?
The property is located at 5901 Old Fredericksburg Rd Austin, TX.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: Prime Southwest Austin location with easy access to US 290/71, Loop 1 (MoPac), and the Y at Oak Hill.; Newly remodeled, beautifully finished 2,251 SF dental office space.; Features five dental operatories plumbed with sinks, a large lab, and two restrooms.
