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    1508 Dessau Ridge Ln Austin, TX 78754

    Sponsored
    For Sale
    $320,000

    972 SF, $320,000, 100% Occupied

    Property size:
    972 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 972-square-foot executive office condo, located at 1508 Dessau Ridge Ln, Suite 203, Austin, TX 78754, presents a lucrative investment opportunity. Built in 2018, this Class B property boasts a desirable single-tenant occupancy at 100%, generating a price per square foot of $329.22 under a gross lease. The space is ideally configured with four separate offices, a reception area, a conveniently located ADA-compliant restroom, and a utility room/break room. The property is situated within the Dessau Ridge Office Condos, offering ample parking. Its prime location at the Austin/Pflugerville border provides easy access to major employers like Samsung, Dell, and Applied Materials, along with convenient access to SH 130, Hwy 290, and IH-35. The property's proximity to Dessau Elementary and Middle School adds to its appeal. This turnkey investment is perfect for a variety of professional uses, including medical practices. The property is currently fully occupied, offering immediate cash flow. The asking price is $320,000. This is a rare opportunity to acquire a well-maintained, high-demand office condo in a thriving Austin location.

    Property Features for 1508 Dessau Ridge Ln

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    972 SF
    Class
    B

    Building Details

    Year Built
    2018
    Stories
    1

    HighLights

    • Tenant‑occupied, generating immediate cash flow.
    • Prime Austin/Pflugerville location near Samsung, Dell, and Applied Materials.
    • Close proximity to Dessau Elementary and Middle School.
    • Excellent highway access via SH 130, Hwy 290, and IH‑35.
    • Functional layout including four offices, reception area, ADA restroom, and break room.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pivotal Group Optical Wholesaler Dessau Family Dentistry Dentist Gonzalez Denova Insurance Insurance Agency Robert Ndegwa - State ... Insurance Agency Williams Law Firm ... Personal Injury Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.6413549
    Latitude
    30.4006881

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    FAQs

    What type of property is this?
    Office Property / Space - 972 SF, $320,000, 100% Occupied
    Where is this office property / space located?
    The property is located at 1508 Dessau Ridge Ln Austin, TX.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Tenant-occupied, generating immediate cash flow.; Prime Austin/Pflugerville location near Samsung, Dell, and Applied Materials.; Close proximity to Dessau Elementary and Middle School.
    (512) 490-6666
    Request Owner's contact information
    1508 Dessau Ridge Ln Austin, TX 78754
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    Austin, TX 78754
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1508 Dessau Ridge Ln Austin, TX 78754
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