2261 Gattis School Rd - Medical CONDO FOR SALE


Round Rock, TX 78664
$410,000 USD
512-814-1825
2261 Gattis School Rd, Round Rock, TX for Sale
$410,000 USD
Medical CONDO - FOR SALE
1/5
null | Request Cap Rate

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2261 Gattis School Rd
Round Rock, TX 78664


OVERVIEW

Center at Gattis Condos is a 3.422 acre stone and stucco campus on Gattis School Road, built in 2021 and expanded in 2024. The regime is owner occupied professional space rather than a leased investor building, which keeps the tenancy stable and the common areas maintained. The association covers water, trash and sewer. The pricing case is straightforward. An identical vintage 850 square foot unit one regime over is asking $388 per square foot. Round Rock office condominiums under 1,000 square feet are asking $323 to $422 per square foot. New cold shell space in Building 2 of this same campus is offered at $325 per square foot, and this unit is finished and ready to occupy. At $410,000, or $401 per square foot, the buyer is paying for a turnkey suite rather than a shell plus a build out. For a practice writing a rent check every month, this is the buy versus lease decision in its simplest form. 1,022 square feet, a fixed basis, and a 2026 combined tax rate of 1.799276 per $100. At this size the owner user is the deepest and best paying buyer pool in Round Rock, and the unit is priced and presented for that buyer.

FOR SALE DETAILS

PRICE

$410,000 USD

PRICE/SF

$401 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building 2

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

24,500 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

9.13 AC

LAND SF

397,703 SF

ZONING

F1

APN/PARCEL ID

R632775

ASK ABOUT THIS PROPERTY

Shelly MorganDon Quick & AssociatesMore Info
512-814-1825

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Shelly MorganDon Quick & AssociatesMore Info
512-814-1825

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.