2500 W William Cannon Dr - Bldg 3

1,375 - 3,408 SF Office/Medical Condo Units Offered at $675,000 - $1,125,000 Per Unit in Austin, TX 78745

INVESTMENT HIGHLIGHTS

  • Densely populated area with over 275,000 people in a 5-mile radius of the property
  • 4-minute drive to Mopac
  • High traffic! Over 31,000 cars per day on William Cannon Drive.
  • 12-minute drive to downtown Austin

EXECUTIVE SUMMARY

Built in 2010, Stonegate Two was the last phase of the Stonegate development, which is approximately 120,000 square feet of office and medical space. Just east of the corner of West Gate Blvd. and William Cannon, this location is central to everything in south Austin. Building 3 sits directly to the left of the front entrance off William Cannon giving the unit maximum visibility and exposure. The project has a longstanding history of well-established medical users and also boasts full medical parking of 1:200.

PROPERTY FACTS

Price $675,000 - $1,125,000
Unit Size 1,375 - 3,408 SF
No. Units 2
Total Building Size 10,481 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 10,481 SF
Year Built 2009
Lot Size 8.22 AC
Parking Ratio 3.72/1,000 SF

2 UNITS AVAILABLE

Unit 305A

Unit Size 1,375 SF
Price $675,000
Price Per SF $490.91
Condo Use Office/Medical
Sale Type Investment or Owner User
APN/Parcel ID 759661
DESCRIPTION

Building 3 sits directly to the left of the front entrance off William Cannon giving the unit maximum visibility and exposure.

The project has a longstanding history of well-established medical users and also boasts full medical parking of 1:200.

SALE NOTES

Currently in use as medical office for a hair restoration doctor but could easily be converted to an office use or dental. Can be combined with suite 305B for a total of 4,783 sf for $1,850,000.

Unit 305B

Unit Size 3,408 SF
Price $1,125,000
Price Per SF $330.11
Condo Use Office/Medical
Sale Type Investment or Owner User
APN/Parcel ID 759661
DESCRIPTION

Building 3 sits directly to the left of the front entrance off William Cannon giving the unit maximum visibility and exposure.

The project has a longstanding history of well-established medical users and also boasts full medical parking of 1:200.

SALE NOTES

Currently in use as medical office for a hair restoration doctor but could easily be converted to an office use or dental. Can be combined with suite 305A for a total of 4,783 sf for $1,850,000.

Bike Score®
Very Bikeable (78)

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
14,551
119,949
286,090
2024 Population
14,941
121,422
291,191
Population Growth '20-'24
2.7%
1.2%
1.8%
2020 Households
6,628
54,430
123,214
2024 Households
6,779
55,270
126,210
Household Growth '20-'24
2.3%
1.5%
2.4%
Average Age
40
39
38
Median Household Income
$86,310
$78,664
$85,038
Daytime Employees
3,281
42,454
115,437
Total Businesses
650
6,153
15,119
College Degree + Higher
47%
48%
50%

AMENITIES

  • Conferencing Facility
  • Security System
  • Signage
  • Kitchen
  • Storage Space
  • Reception

ZONING

Zoning Code LO-CO-NP (Limited Office (LO) zoning supports medical and office uses.)
  • Listing ID: 33947820

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 2500 W William Cannon Dr, Austin, TX 78745