Standalone Class A Office
For Sale
$2,800,000
B-14425 Falcon Head Blvd, Bee Cave, TX 78738
Standalone Class A office building with private offices, conference rooms, and open work areas in a maintained office complex.
Property Size5,000 SF
Price / SF$560
Days on Market80
Property Features for B-14425 Falcon Head Blvd
General Information
Standard status
Active
Size
5,000 SF
Class
Class A
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$38,057
Building Details
Year Built
2019
Buildings
1
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Justin Cofield · License #0701768
(512) 971-0157
Source:
Exprealty
Added: Jun 29
Changed: Sep 7
Last Checked: Sep 15 at 1:14PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
Standalone Class A office building built in 2019 offering a modern, professional workspace totaling approximately 5,000 SF. The floor plan includes five private offices, two spacious conference rooms, two break rooms, multiple restrooms, and open work areas designed to support a variety of business uses. Large windows throughout help deliver abundant natural light for both employees and client-facing visits.
Set at B-14425 Falcon Head Blvd in Bee Cave, TX 78738, the property is located in the Lakeway/Falconhead area with convenient access to Highway 71, Falconhead, Bee Cave, and the surrounding Lake Travis communities. It sits within a professionally maintained office complex and features ample unassigned parking and strong accessibility. Its standalone configuration is intended to provide privacy and a visible corporate presence.
Office furniture is available for purchase separately, supporting flexible move-in options for qualified owner-users and tenant operators.
Set at B-14425 Falcon Head Blvd in Bee Cave, TX 78738, the property is located in the Lakeway/Falconhead area with convenient access to Highway 71, Falconhead, Bee Cave, and the surrounding Lake Travis communities. It sits within a professionally maintained office complex and features ample unassigned parking and strong accessibility. Its standalone configuration is intended to provide privacy and a visible corporate presence.
Office furniture is available for purchase separately, supporting flexible move-in options for qualified owner-users and tenant operators.
Key Highlights
- Built in 2019 standalone Class A office building
- Approximately 5,000 SF office with five private offices and open work areas
- Two spacious conference rooms plus two break rooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$119,228
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,384,560
$2.4M
Cap Rate 7%
$1,703,257
$1.7M
Cap Rate 9%
$1,324,756
$1.3M
Market Conditions
NOI Build-Up for 5,000 SF
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.
Gross rent
$210.0K $42.00/SF
− Vacancy
−$51.0K −$10.21/SF
EGI
$159.0K $31.79/SF
− OpEx
−$39.7K −$7.95/SF
NOI
$119.2K $23.85/SF
Area
Travis County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,384,560
Cap Rate 7%
$1,703,257
Cap Rate 9%
$1,324,756
Alternative Uses
Best Use
Office B
$1.70M
$1.49M – $1.99M
NOI $119,228 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,309 @ 7.0% cap · market cap 5.23%
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
372
Businesses Nearby
Explore this area
Business Placement
Demographics for 78738, TX
29,529
Population
11,907
Households
2.5
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
42.1 sq mi
ZIP Area
701
Density / Sq Mi
$169,911
Median Household Income
$88,929
Median Earnings
$1,915
Median Rent
$754,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Standalone Class A office building with private offices, conference rooms, and open work areas in a maintained office complex.
Where is this office building located?
The property is located at B-14425 Falcon Head Blvd Bee Cave, TX.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Built in 2019 standalone Class A office building; Approximately 5,000 SF office with five private offices and open work areas; Two spacious conference rooms plus two break rooms
