Flex Building with Fenced
For Sale
Contact for pricing
11025 Signal Hill Drive, Austin, TX 78737
Industrial flex property with office space, secured outdoor storage, and access to City of Austin water and septic service.
Property Size9,400 SF
Price / SF$170.21
Days on Market53
Property Features for 11025 Signal Hill Drive
General Information
Standard status
Active
Size
9,400 SF
Class
C
Property subtype
Industrial, Land
Zoning
ETJ
Lease Type
NNN
Building Details
Year Built
1995
Buildings
1
Listing Agency:
Don Quick & Associates Inc
Listed By:
Brent Campbell · License #TX 505073
(512) 814-1814
Source:
Crexi
Added: Jul 28
Changed: Sep 7
Last Checked: Sep 18 at 6:45AM
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 Don Quick & Associates Inc
Investment Insights
Based on property information with market context.
This flex property combines a 9,400 SF industrial building with office areas and a fenced yard on approximately 40,382 SF of land, or .927 of an acre. Constructed in 1995, the facility includes access to three-phase power on the line, with amperage requiring buyer confirmation. City of Austin water and septic service are identified for the property.
The site is located at 11025 Signal Hill Drive in Austin, near the Hays County line and less than one block from Hwy 290 on the route between Austin and Dripping Springs. The property falls within the City of Austin ETJ and Hays County.
The site is located at 11025 Signal Hill Drive in Austin, near the Hays County line and less than one block from Hwy 290 on the route between Austin and Dripping Springs. The property falls within the City of Austin ETJ and Hays County.
Key Highlights
- 9,400 SF industrial building with offices
- Approximately 40,382 SF of land, or .927 of an acre
- Fenced yard for secured outdoor storage
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
$84,105
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
5.26%
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%
$1,682,100
$1.7M
Cap Rate 7%
$1,201,500
$1.2M
Cap Rate 9%
$934,500
$934.5K
Market Conditions
NOI Build-Up for 9,400 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
$139.9K $14.88/SF
− Vacancy
−$19.7K −$2.10/SF
EGI
$120.2K $12.78/SF
− OpEx
−$36.0K −$3.83/SF
NOI
$84.1K $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%
$1,682,100
Cap Rate 7%
$1,201,500
Cap Rate 9%
$934,500
Alternative Uses
Best Use
Industrial
$1.20M
$1.05M – $1.40M
NOI $84,105 @ 7.0% cap · market cap 5.26%
Second Best
Flex RnD
$1.12M
$976.2K – $1.30M
NOI $78,098 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$3.68M
$3.22M – $4.30M
NOI $257,848 @ 7.0% cap · market cap 16.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Austin, TX
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property with office space, secured outdoor storage, and access to City of Austin water and septic service.
Where is this flex space located?
The property is located at 11025 Signal Hill Drive Austin, TX.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 9,400 SF industrial building with offices; Approximately 40,382 SF of land, or .927 of an acre; Fenced yard for secured outdoor storage
