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Flex Space with In-Place Tenant
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115 E St Elmo Rd, Austin, TX 78745

Flex/industrial property totaling about 21,341 SF with an in-place tenant occupying roughly half and Building A available.

Property Size21,341 SF
Days on Market145

Property Features for 115 E St Elmo Rd

General Information

Standard status Active
Size 21,341 SF
Property subtype Industrial
Occupancy 50%
Listing Agency: Stream Realty Partners Austin
Listed By: Will Hall · License #TX 777187
Source: Crexi
Added: Apr 15 Changed: Aug 31 Last Checked: Sep 4 at 9:15AM

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 Stream Realty Partners Austin

Investment Insights

Based on property information with market context.

115 E St Elmo Rd is a mixed flex/industrial commercial property for sale in Austin’s St. Elmo District. The total property size is approximately 21,341 square feet, configured to support both income and flexibility for an owner-occupant or investor.

An established tenant is already in place, occupying approximately half of the asset and providing in-place income. Building A is currently available for lease or owner-user occupancy, creating a potential path to tailor space to an operating business while maintaining partial occupancy.

The property’s positioning within the St. Elmo District is highlighted as central to the area’s ongoing evolution, making it a fit for buyers seeking a combination of current occupancy and space that can be adapted as needs change.

Key Highlights

  • Flex/industrial property totaling about 21,341 SF
  • In‑place tenant occupies roughly half of the asset for immediate income
  • Building A is currently available for lease or owner‑user occupancy

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Food Market (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

50%
Occupancy

Location Intelligence

Trade Area within ½ mile

729
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78745, TX

59,843
Population
31,246
Households
1.9
Avg Household Size
36
Median Age
54%
College-Educated
93%
High-School Grad
13.7 sq mi
ZIP Area
4,368
Density / Sq Mi
$84,529
Median Household Income
$56,551
Median Earnings
$1,655
Median Rent
$459,100
Median Home Value

Market

Vacancy Rate% for Industrial in Austin, TX

7.5% 2019
5.7% 2020
3.9% 2021
4.3% 2022
9.1% 2023
13.3% 2024
21.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex/industrial property totaling about 21,341 SF with an in-place tenant occupying roughly half and Building A available.
Where is this flex space located?
The property is located at 115 E St Elmo Rd Austin, TX.
What are key features of this property?
This property features: Flex/industrial property totaling about 21,341 SF; In‑place tenant occupies roughly half of the asset for immediate income; Building A is currently available for lease or owner‑user occupancy
(512) 481-3039 Call to check price and availability
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