Newly Renovated Two-Story Office
For Sale
Contact for pricing
9005 Mountain Ridge Dr, Austin, TX 78759
Newly renovated interiors in a two-story Class B office building with direct access to Hwy 360 and Hwy 183.
Property Size2,074 SF
Price / SF$315
Days on Market270
Property Features for 9005 Mountain Ridge Dr
General Information
Standard status
Active
Size
2,074 SF
Class
Class B
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
light-filled 2-story lobby
Building Details
Buildings
1
Stories
2
Listing Agency:
CSA Realty Group
(512) 447-2222
Listed By:
Andrew Creixell · License #TX-641285
(512) 447-2222
Source:
Moodyscre
Added: Nov 3, 2025
Changed: Jul 31
Last Checked: Jul 31 at 12:30AM
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.
A newly renovated two-story office campus offering renovated interiors and a light-filled, two-story lobby. The property is positioned as a two-story, Class B office building with 11,300 RSF floor plates, supported by covered and surface-level parking.
The campus provides direct access to Hwy 360 and Hwy 183. A substantial retail presence is also within 10 minutes, with 2.5MM SF of retail space.
Designed around efficient, repeatable floor plates and a prominent entry experience, the building supports a range of office uses that benefit from straightforward access and on-site parking.
The campus provides direct access to Hwy 360 and Hwy 183. A substantial retail presence is also within 10 minutes, with 2.5MM SF of retail space.
Designed around efficient, repeatable floor plates and a prominent entry experience, the building supports a range of office uses that benefit from straightforward access and on-site parking.
Key Highlights
- Two‑story, Class B office building with 11,300 RSF floor plates
- Newly renovated interiors
- Light‑filled, two‑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 | $74.4k | $35.88 |
| − Vacancy | −$18.1k | −$8.72 |
| EGI | $56.3k | $27.16 |
| − OpEx | −$14.1k | −$6.79 |
| NOI | $42.2k | $20.37 |
2,074 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$603.6K
$528.1K – $704.2K
NOI $42,249 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$812.7K
$711.1K – $948.2K
NOI $56,891 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway 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
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Newly renovated interiors in a two-story Class B office building with direct access to Hwy 360 and Hwy 183.
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 $653,310.
What are key features of this property?
This property features: Two‑story, Class B office building with 11,300 RSF floor plates; Newly renovated interiors; Light‑filled, two‑story lobby
