320 Red Bluff Road, Spicewood, TX 78669
2.1 acre property suitable for metal fabrication and welding.
- Added:
- Feb 21, 2024
- Days on Market:
- 842
- Last Refresh:
- May 12 at 9:49 pm
Property Features for 320 Red Bluff Road
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 2.10 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1998
Listing agent Deborah Carrington
Listing office Texas Hills and Lakes RE (830) 693-5683
Listing date Feb 21, 2024
Source Xome
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 Texas Hills and Lakes RE
HighLights
- Unrestricted 2.1 acre property suitable for commercial use
- Large 4000 sq.ft. metal fabrication/welding shop with doors at both ends
- Two 240 amp electrical services and one full RV hookup with 50 amp service
- Full turnaround/drive‑thru area for trucks and heavy equipment
- Separate office building and two storage sheds
- Close proximity to Hwy. 71, Lake Travis, and Marble Falls
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $14.88 |
| − Vacancy | −$8.4k | −$2.10 |
| EGI | $51.1k | $12.78 |
| − OpEx | −$15.3k | −$3.83 |
| NOI | $35.8k | $8.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spicewood
- County
- Travis
- State
- Texas
- Longitude
- -98.1189338
- Latitude
- 30.4611033
