Two-Story Office Building with
For Sale
Contact for pricing
9005 Mountain Ridge Dr, Austin, TX 78759
A 2-story Class B office building with renovated interiors, light-filled lobby, and covered plus surface parking.
Property Size2,075 SF
Price / SF$315
Days on Market189
Property Features for 9005 Mountain Ridge Dr
General Information
Standard status
Active
Size
2,075 SF
Class
Class B
Property subtype
OFFICE
Site & Location
Neighborhood
Westover Hills
Highway Access
Yes
Road Access
Yes
Amenities
light-filled lobby
covered parking
Building Details
Stories
2
Listing Agency:
CSA Realty Group
(512) 453-6566
Listed By:
Andrew Creixell · License #TX-475342
(512) 447-2222
Source:
Moodyscre
Added: Apr 30
Changed: Oct 25
Last Checked: Nov 3 at 3:17AM
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 CSA Realty Group
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Investment Insights
Based on property information with market context.
This 2-story, Class B office building offers newly renovated interiors and light-filled lobby space. The property is configured with 11,300 RSF floor plates, providing efficient, modern office environments.
The office campus setting is described as serene and adjacent to Austin’s greenbelt. Direct access to Hwy 360 and Hwy 183 supports convenient commuting and customer access.
Parking is available as both covered and surface level spaces, supporting day-to-day tenant and visitor needs.
The office campus setting is described as serene and adjacent to Austin’s greenbelt. Direct access to Hwy 360 and Hwy 183 supports convenient commuting and customer access.
Parking is available as both covered and surface level spaces, supporting day-to-day tenant and visitor needs.
Key Highlights
- 2‑story Class B office building with 11,300 RSF floor plates
- Newly renovated interiors
- Light‑filled, 2‑story lobby
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,270
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,400
$845.4K
Cap Rate 7%
$603,857
$603.9K
Cap Rate 9%
$469,667
$469.7K
Market Conditions
NOI Build-Up for 2,075 SF
Gross rent
$74.5K $35.88/SF
− Vacancy
−$18.1K −$8.72/SF
EGI
$56.4K $27.16/SF
− OpEx
−$14.1K −$6.79/SF
NOI
$42.3K $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%
$845,400
Cap Rate 7%
$603,857
Cap Rate 9%
$469,667
Alternative Uses
Best Use
Office B
$603.9K
$528.4K – $704.5K
NOI $42,270 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$813.1K
$711.5K – $948.7K
NOI $56,919 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,859
Businesses Nearby
Explore this area
Business Placement
Demographics for 78759, TX
42,333
Population
23,843
Households
1.8
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
14.3 sq mi
ZIP Area
2,960
Density / Sq Mi
$102,799
Median Household Income
$67,807
Median Earnings
$1,680
Median Rent
$634,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Austin, TX
Frequently Asked Questions
What type of property is this?
Office building - A 2-story Class B office building with renovated interiors, light-filled lobby, and covered plus surface parking.
Where is this office building located?
The property is located at 9005 Mountain Ridge Dr Austin, TX.
What is the asking price?
The asking price for this property is $653,625.
What are key features of this property?
This property features: 2‑story Class B office building with 11,300 RSF floor plates; Newly renovated interiors; Light‑filled, 2‑story lobby
