New Southwest Austin Flex
For Sale
Contact for pricing
10020 Darden Hill Rd, Austin, TX 78737
Modern flex industrial spaces for sale in Southwest Austin.
Property Size3,750 SF
Price / SF$250
Days on Market496
Property Features for 10020 Darden Hill Rd
General Information
Standard status
Active
Size
3,750 SF
Class
A
Property subtype
Industrial
Zoning
County
Investment Type
Owner/User
Building Details
Year Built
2025
Year Renovated
2025
Buildings
1
Stories
2
Units
1
Listing Agency:
Compass RE Texas LLC
(512) 633-0369
Listed By:
Guy Oberg · License #TX 534590
Source:
Crexi
Added: Apr 16, 2025
Changed: Aug 14
Last Checked: Aug 23 at 7:02PM
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 Compass RE Texas LLC
Investment Insights
Based on property information with market context.
This new Flex Industrial development in Southwest Austin presents an opportunity to acquire versatile spaces designed for diverse business needs. The development features 22 freestanding buildings available for sale. Suites range in size from 3,750 to 12,000 square feet. The builder offers build-to-suit options, customizing interiors to meet buyer specifications. The buildings feature upscale office finishes, including luxury vinyl plank flooring and recessed lighting. Each unit includes 16' x 12' roll-up doors for loading and unloading, fully air-conditioned interiors, and ADA-compliant restrooms. High-speed internet connectivity and ample on-site parking are available. Building-mounted and monument signage opportunities are available. The energy-efficient design incorporates insulated exterior walls and single-pitch sloping roofs. Clear height is 26 feet in the front and 22 feet in the back. Located off Darden Hill Rd and FM 1826, the property provides access to Hwy 45 and downtown Austin. It serves the corridor between Austin, Buda, Kyle, and Dripping Springs, surrounded by residential and commercial developments. Positioned in unincorporated county land, the location offers fewer restrictions and lower taxes. These new construction suites are suitable for owner-users, investors, and businesses seeking functional space in a prime Austin-area location.
Key Highlights
- Located in rapidly growing Southwest Austin, offering strategic access.
- New construction with 22 freestanding buildings available for sale.
- Flexible spaces from 3,750 SF to 12,000 SF with build‑to‑suit options.
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
$33,553
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
3.58%
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%
$671,060
$671.1K
Cap Rate 7%
$479,329
$479.3K
Cap Rate 9%
$372,811
$372.8K
Market Conditions
NOI Build-Up for 3,750 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
$55.8K $14.88/SF
− Vacancy
−$7.9K −$2.10/SF
EGI
$47.9K $12.78/SF
− OpEx
−$14.4K −$3.83/SF
NOI
$33.6K $8.95/SF
Area
Austin, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
30.00%
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%
$671,060
Cap Rate 7%
$479,329
Cap Rate 9%
$372,811
Alternative Uses
Best Use
Industrial
$479.3K
$419.4K – $559.2K
NOI $33,553 @ 7.0% cap · market cap 3.58%
Second Best
Flex RnD
$445.1K
$389.5K – $519.3K
NOI $31,156 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$1.47M
$1.29M – $1.71M
NOI $102,865 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78737, TX
20,996
Population
8,895
Households
2.4
Avg Household Size
41
Median Age
64%
College-Educated
99%
High-School Grad
36.4 sq mi
ZIP Area
577
Density / Sq Mi
$164,066
Median Household Income
$86,900
Median Earnings
$2,176
Median Rent
$689,200
Median Home Value
Market
Vacancy Rate% for Industrial in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Modern flex industrial spaces for sale in Southwest Austin.
Where is this flex space located?
The property is located at 10020 Darden Hill Rd Austin, TX.
What is the asking price?
The asking price for this property is $937,500.
What are key features of this property?
This property features: Located in rapidly growing Southwest Austin, offering strategic access.; New construction with **22 freestanding buildings available for sale**.; Flexible spaces from 3,750 SF to 12,000 SF with build‑to‑suit options.
