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Two-Story Office Building with Parking
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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 Market93

Property Features for 9005 Mountain Ridge Dr

General Information

Standard status Active
Size 2,075 SF
Class Class B
Property subtype OFFICE

Site & Location

Highway Access Yes
Road Access Yes

Amenities

light-filled lobby
covered parking

Building Details

Stories 2
Listing Agency: CSA Realty Group
Listed By: Andrew Creixell · License #TX-641285
Source: Moodyscre
Added: Apr 30 Changed: Jul 27 Last Checked: Jul 31 at 5:57AM

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

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.

Key Highlights

  • 2‑story Class B office building with 11,300 RSF floor plates
  • Newly renovated interiors
  • Light‑filled, 2‑story lobby

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 $74.5k $35.88
− Vacancy −$18.1k −$8.72
EGI $56.4k $27.16
− OpEx −$14.1k −$6.79
NOI $42.3k $20.37
2,075 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$603.9K
$528.4K – $704.5K (±1% cap)
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 (±1% cap)
NOI $56,919 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

FedEx Drop Box Postal Service

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Auto Repair Shop Electrical Service Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,859
Businesses Nearby

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

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025
Rey
Questions? Ask Rey
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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
(512) 447-2222 Call to check price and availability
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