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    Flex Showroom Office Warehouse Title is generated by Realmo AI

    11215 Conroy Ln Unit 3, Manchaca, TX 78652

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    Newer flex showroom office warehouse with built-in 2019 construction, sealed concrete floors, and multi-zone HVAC for office and warehouse use.

    Type:Industrial
    Property size:
    6,288 SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 1:47 am

    Property Features for 11215 Conroy Ln Unit 3

    General Information

    Standard status
    Active
    Size
    6,288 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 11215 Conroy Ln Unit 3 Contact us

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    Listing Contact
    Matt Delahoussaye
    Matt Delahoussaye

    Listing agent Matt Delahoussaye License #0535200

    Listing office Commercial Market Exchange, LLC

    Listing date Jun 3, 2026

    Source Thebrokerlist

    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 Commercial Market Exchange, LLC

    HighLights

    • 6,288 SF flex showroom office/warehouse for lease with built‑in 2019 construction
    • First floor includes 1,125 SF warehouse plus large showroom, office, 2 oversized conference rooms, and 2 restrooms
    • Second floor offers a large open concept area with 1 private office and a private restroom
    • Equipped with 3 newer HVAC systems for the office area plus two mini split units in the warehouse
    • Sealed concrete floors throughout with acoustical ceilings (±10' first floor; ±9' in restrooms/breakroom/storage; 8'9" on second floor)
    • Conveniently located in Manchaca (Austin ETJ), about 0.6 miles off I‑35, with 8 parking spots

    Overview

    This 6,288 SF flex showroom office/warehouse is built in 2019 and finished for functional day-to-day operations. The first floor includes an approximately 1,125 SF warehouse area, a large showroom, office space, two oversized conference rooms, and two restrooms, including a walk-in shower. The second floor offers a large open-concept area with one private office and a private restroom. The building features sealed concrete floors throughout and acoustical ceilings on both levels, with the first floor approximating 10' ceilings in most areas and slightly lower ceilings in select rooms; the second floor has acoustical ceilings at 8'9".

    The property is located in the Austin ETJ in Manchaca, just south of Austin, about 0.6 miles off IH-35. It is positioned for access to both Austin and San Antonio markets, with convenient connectivity to IH-35 and SH-45 as noted in the remarks.

    The layout supports tenants needing showroom presence with dedicated conference and office space alongside warehouse utility, and the open second-floor plan is suited to configuration changes. HVAC is provided throughout with three newer systems in the office area and two mini-split units in the warehouse, supporting comfortable year-round use. Eight parking spots are available for visitors and staff.
    Location Intelligence

    Current Use by Public Records

    Lifelong Insurance Austin Insurance Agency Genuine Texas Exteriors Roofing Company Lanzola Communities Construction Company Canvas Workspaces Coworking & Hybrid Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manchaca
    County
    Travis
    State
    Texas
    Longitude
    -97.8050781
    Latitude
    30.1423862

    Nearby Similar for Lease

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      5,000 SF

      Industrial and Office Space Available

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    FAQs

    What type of property is this?
    Flex space - Newer flex showroom office warehouse with built-in 2019 construction, sealed concrete floors, and multi-zone HVAC for office and warehouse use.
    Where is this flex space located?
    The property is located at 11215 Conroy Ln Unit 3 Manchaca, TX.
    What are key features of this property?
    This property features: 6,288 SF flex showroom office/warehouse for lease with built‑in 2019 construction; First floor includes 1,125 SF warehouse plus large showroom, office, 2 oversized conference rooms, and 2 restrooms; Second floor offers a large open concept area with 1 private office and a private restroom
    (512) 585-5313
    We can help!
    Listing Contact
    Matt Delahoussaye
    Matt Delahoussaye
    Real Estate License ID: 0535200
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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