Industrial Flex Condo
For Sale
$359,998
1004-3300 Dacy Ln, Kyle, TX 78640
New construction industrial suites with grade-level roll-up access and 24/7 gated, semi-truck friendly operations.
Property Size3,300 SF
Price / SF$109.09
Days on Market229
Property Features for 1004-3300 Dacy Ln
General Information
Standard status
Active
Size
3,300 SF
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
24 ft
Heavy Power
Yes
Listing Agency:
Lezlie Tram Realty, LLC
(512) 917-8257
Listed By:
Tram Le · License #0650951
(512) 917-8257
Source:
Exprealty
Added: Jan 5
Changed: Aug 20
Last Checked: Aug 21 at 11:10AM
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 Lezlie Tram Realty, LLC
Investment Insights
Based on property information with market context.
Dacy Business Park is a master-planned development offering newly constructed industrial flex condo suites for sale. The community is planned in multiple phases with 13 buildings and 91 total suites, with available suite sizes described as approximately 1,200 to 3,300 square feet. Suites are designed with 21’ to 24’ clear heights, 12’ x 14’ grade-level roll-up doors, and 3-phase 240V power. The park is fully fenced and keypad-gated, providing 24/7 secure access.
The property is located about 1.14 miles from I-35 near Kyle 35 Logistics Park, and it is under 4 miles from Ascension Seton Medical Center. The development is described as semi-truck friendly. This is a commercial condo with a POA, and the monthly POA fee is $200 per unit.
The POA fee includes nominal water, office trash (standard office waste only), property management, CAM, roof maintenance, and building insurance, while owners are responsible for property taxes, electricity, internet, and wall-in insurance. With grade-level roll-up doors and high clear heights, these suites are well suited for owner-users and operators needing warehouse or light industrial space within a secured, professionally managed business park setting.
The property is located about 1.14 miles from I-35 near Kyle 35 Logistics Park, and it is under 4 miles from Ascension Seton Medical Center. The development is described as semi-truck friendly. This is a commercial condo with a POA, and the monthly POA fee is $200 per unit.
The POA fee includes nominal water, office trash (standard office waste only), property management, CAM, roof maintenance, and building insurance, while owners are responsible for property taxes, electricity, internet, and wall-in insurance. With grade-level roll-up doors and high clear heights, these suites are well suited for owner-users and operators needing warehouse or light industrial space within a secured, professionally managed business park setting.
Key Highlights
- Master‑planned Dacy Business Park includes 13 industrial buildings and 91 suites totaling approx. 137,550 SF across four phases
- New construction suites range from 1,200–3,300 SF with Phase I limited availability now and Phase II delivery in Q1 2026
- Industrial features include 21'–24' clear heights, 12' x 14' grade‑level roll‑up doors, and 3‑phase 240V power
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
$29,526
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
8.20%
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%
$590,520
$590.5K
Cap Rate 7%
$421,800
$421.8K
Cap Rate 9%
$328,067
$328.1K
Market Conditions
NOI Build-Up for 3,300 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
$49.1K $14.88/SF
− Vacancy
−$6.9K −$2.10/SF
EGI
$42.2K $12.78/SF
− OpEx
−$12.7K −$3.83/SF
NOI
$29.5K $8.95/SF
Area
Hays County, 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%
$590,520
Cap Rate 7%
$421,800
Cap Rate 9%
$328,067
Alternative Uses
Best Use
Industrial
$421.8K
$369.1K – $492.1K
NOI $29,526 @ 7.0% cap · market cap 8.20%
Second Best
Flex RnD
$391.7K
$342.7K – $457.0K
NOI $27,417 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,564 @ 7.0% cap · market cap 26.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
24 ft
Clear height
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78640, TX
64,539
Population
25,236
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
87%
High-School Grad
89.6 sq mi
ZIP Area
720
Density / Sq Mi
$88,533
Median Household Income
$45,439
Median Earnings
$1,572
Median Rent
$291,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - New construction industrial suites with grade-level roll-up access and 24/7 gated, semi-truck friendly operations.
Where is this flex space located?
The property is located at 1004-3300 Dacy Ln Kyle, TX.
What is the asking price?
The asking price for this property is $359,998.
What are key features of this property?
This property features: Master‑planned Dacy Business Park includes 13 industrial buildings and 91 suites totaling approx. 137,550 SF across four phases; New construction suites range from 1,200–3,300 SF with Phase I limited availability now and Phase II delivery in Q1 2026; Industrial features include 21'–24' clear heights, 12' x 14' grade‑level roll‑up doors, and 3‑phase 240V power
