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    2500 William Cannon 305 Austin, TX 78745

    Sponsored
    For Sale
    $1,850,000

    Prime South Austin Medical Office Space

    Property size:
    1,375 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4,783 square foot medical office suite, located at 2500 W William Cannon Dr #305, Austin, TX 78745, presents a unique investment opportunity. Situated within the Stonegate Two development, a Class B building constructed in 2010, this single-tenant property boasts a desirable location in South Austin, offering high visibility and accessibility. Currently configured as a turnkey medical office space with two operating rooms, a spacious reception area, ample administrative space, a break room, nurse's station, two restrooms, and twelve office/exam rooms, the suite is easily adaptable to various medical or office uses. The property features timeless finishes and benefits from the development's ample medical parking (1:200 ratio). With an asking price of $1,850,000 ($397.24/sq ft), this property offers a strong return on investment. The space can be subdivided into approximately 1,375 and 3,408 square foot units, providing flexibility for future tenants or expansion. Occupancy is available January 1, 2025. The property is part of a larger 120,000 square foot development with a history of successful medical tenants, ensuring a strong medical synergy. The location enjoys high traffic counts (31,000 CPD on William Cannon) and a large population within a 5-mile radius (over 275,000 people). The property is zoned LO-CO-NP. This is a 100% ownership opportunity.

    Property Features for 2500 William Cannon 305

    General Information

    Property type
    Medical offices
    Square Feet
    1,375 SF
    Class
    B

    Building Details

    Year Built
    2010
    Buildings
    8
    Stories
    1
    Units
    3

    HighLights

    • Two operating rooms and twelve+ offices/exam rooms.
    • Ample parking with a 1:200 ratio.
    • Available January 2025.
    • High visibility and prominent development entrance.
    • Dense population: 275,000+ within a 5‑mile radius.
    • High traffic count: 31,000 cars per day on William Cannon.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.8126103
    Latitude
    30.2065208

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    FAQs

    What type of property is this?
    Medical office - Prime South Austin Medical Office Space
    Where is this medical office located?
    The property is located at 2500 William Cannon 305 Austin, TX.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Two operating rooms and twelve+ offices/exam rooms.; Ample parking with a 1:200 ratio.; Available January 2025.
    Request Owner's contact information
    2500 William Cannon 305 Austin, TX 78745
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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
    2500 William Cannon 305 Austin, TX 78745
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