Insulated Industrial
For Sale
$900,000
130 S Ranch Rd 1623, Stonewall, TX 78671
Commercial Sale, Stonewall, TX
Property Size6,000 SF
Lot Size2.14 Acres
Price / SF$150
Days on Market97
Property Features for 130 S Ranch Rd 1623
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
N/A, Not in Sub
Elementary school district
Fredericksburg
Middle school district
Fredericksburg
High school district
Fredericksburg
Standard status
Active
Lot size
2.14 Acres
Taxes and HOA fees
Tax Annual Amount
7394
Listing Agency:
Harmony Realty Group, LLC.
Listed By:
Maranda McClain
(512) 592-2329
Added: Jun 15
Changed: Sep 16
Last Checked: Sep 19 at 9:06AM
MLS# 104761
Copyright © 2026 Central Hill Country Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Completed in 2020, this 6,000-square-foot warehouse occupies 2.14 acres and features spray-foam insulation, finished walls and ceilings, and coated industrial flooring. Floor drains connect to an exterior drainage system, while LED fixtures serve both the interior and exterior. Climate control is provided by four separate 5-ton HVAC units.
The property includes 480V three-phase electrical service and two loading areas equipped with 14' x 16' and 16' x 16' overhead doors. The larger dock includes an installed ramp and is designed for 18-wheeler access. The building’s configuration supports warehouse, manufacturing, distribution, cold storage, specialty production, and other commercial applications. It is located at 130 S Ranch Rd 1623 in Stonewall, near the 290 Wine Trail and its surrounding winery and tourism activity.
The property includes 480V three-phase electrical service and two loading areas equipped with 14' x 16' and 16' x 16' overhead doors. The larger dock includes an installed ramp and is designed for 18-wheeler access. The building’s configuration supports warehouse, manufacturing, distribution, cold storage, specialty production, and other commercial applications. It is located at 130 S Ranch Rd 1623 in Stonewall, near the 290 Wine Trail and its surrounding winery and tourism activity.
Key Highlights
- 6,000‑square‑foot warehouse completed in 2020 on 2.14 acres
- 480V three‑phase power supports industrial equipment and operations
- Four separate 5‑ton HVAC units provide building climate control
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
$37,519
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
4.17%
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%
$750,380
$750.4K
Cap Rate 7%
$535,986
$536.0K
Cap Rate 9%
$416,878
$416.9K
Market Conditions
NOI Build-Up for 6,000 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
$48.2K $8.04/SF
− Vacancy
−$4.1K −$0.68/SF
EGI
$44.1K $7.36/SF
− OpEx
−$6.6K −$1.10/SF
NOI
$37.5K $6.25/SF
Area
Gillespie County, TX
Vacancy
8.50%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
15.00%
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%
$750,380
Cap Rate 7%
$535,986
Cap Rate 9%
$416,878
Alternative Uses
Best Use
Warehouse
$536.0K
$469.0K – $625.3K
NOI $37,519 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$4.54M
$3.98M – $5.30M
NOI $318,060 @ 7.0% cap · market cap 35.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78671, TX
624
Population
264
Households
2.4
Avg Household Size
54
Median Age
33%
College-Educated
100%
High-School Grad
47.7 sq mi
ZIP Area
13
Density / Sq Mi
$34,522
Median Household Income
$31,000
Median Earnings
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Climate-controlled industrial space with three-phase power, dock access, and finished interior surfaces for varied commercial operations.
Where is this warehouse located?
The property is located at 130 S Ranch Rd 1623 Stonewall, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 6,000‑square‑foot warehouse completed in 2020 on 2.14 acres; 480V three‑phase power supports industrial equipment and operations; Four separate 5‑ton HVAC units provide building climate control
