Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    New Retail Space Available Title is generated by Realmo AI

    1840 S Us Hwy 281, Marble Falls, TX

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Class A retail space near new residential and medical developments.

    Type:RETAIL
    Property size:
    6,000 SF
    Lot size:
    2.40 Acres
    Added:
    May 3, 2025
    Days on Market:
    402
    Last Refresh:
    May 20 at 9:09 pm

    Property Features for 1840 S Us Hwy 281

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    2.40 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1840 S Us Hwy 281 Contact us

    We can help!

    Listing Contact
    Travis Sikes
    Travis Sikes

    Listing agent Travis Sikes

    Listing office Carr Development, Inc.

    Listing date May 3, 2025

    Source Moodyscre

    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 Carr Development, Inc.

    HighLights

    • New Class A construction.
    • Located near the new Baylor Scott and White Hospital.
    • Near new developments bringing in over 5,000 homes.
    • Proximity to Thunder Rock development.
    • Proximity to Gregg Ranch development.
    • Proximity to Thomas Ranch development.

    Overview

    This property features new Class A construction. It is situated near new developments that are expected to bring over 5,000 homes, including Thunder Rock, Gregg Ranch, and Thomas Ranch. The location is also near the new Baylor Scott and White Hospital. The property offers a total size of 6,000 square feet and is intended for retail use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marble Falls
    County
    Llano
    State
    Texas
    Longitude
    -98.2728
    Latitude
    30.5782

    Nearby Similar for Lease

    • $8,514/Mo
      5,676 SF

      Professional Office Building

      Functional professional office building with multiple reception, offices, conference space, and restrooms, available for lease.
      1110 N Broadway Street, Marble Falls, TX 78654
      View Details
    • $18,515/Mo
      22,217 SF

      Warehouse-Flex Two-Building Facility

      Two-building warehouse-flex site with extensive parking and flexible office support for distribution and commercial services.
      501 12th Street, Marble Falls, TX 78654
      View Details
    • $2,652/Mo

      Remodeled Office and Wellness Suites

      Move-in ready, remodeled office building with ADA access, parking, and flexible suite layout for professional or wellness use.
      2000 N US Highway 281, Marble Falls, TX 78654
      View Details
    • $1,250/Mo

      Office Space in Marble Falls

      Professional office space available for rent in Marble Falls, TX.
      1800 Mormon Mill Road, Marble Falls, TX 78654-0000
      View Details
    • $1,800/Mo
      2,790 SF

      Marble Falls Office Suites Available

      Office suites for lease in Marble Falls with highway visibility.
      300 N US Highway 281 St, Marble Falls, TX 78654
      View Details
    • $300/Mo
      625 SF

      Spacious Storage Unit Available

      625 sq ft storage unit for equipment or inventory.
      1007 Avenue K, Marble Falls, TX 78654
      View Details
    • $15 SF/Yr
      1,400 SF

      Retail Space on Highway 281

      Retail space in Marble Falls with highway visibility.
      2508 N Highway 281, Marble Falls, TX
      View Details
    • Contact for pricing
      20,936 SF

      Medical Office Space in Marble Falls

      Medical outpatient space available for lease in Marble Falls, TX.
      104 Max Starcke Dam Rd, Marble Falls, TX
      View Details
    • Contact for pricing
      9,750 SF

      Warehouse Space in Marble Falls

      Warehouse space available for lease in Marble Falls, Texas.
      0 Highway 281 N, Marble Falls, TX
      View Details
    • Contact for pricing
      2,960 SF

      Class A Retail Space Available

      Prime retail space in Marble Falls' Webster Crossing Center.
      1400 FM 1431, Marble Falls, TX
      View Details
    • Contact for pricing
      16,000 SF

      Highway 281 Office Space Available

      Office space with highway visibility and access in Marble Falls.
      1515 N US Hwy 281, Marble Falls, TX
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Marble Falls, Texas.
      809 12th St, Marble Falls, TX 78654
      View Details

    FAQs

    What type of property is this?
    Retail space - Class A retail space near new residential and medical developments.
    Where is this retail space located?
    The property is located at 1840 S Us Hwy 281 Marble Falls, TX.
    What are key features of this property?
    This property features: New Class A construction.; Located near the new Baylor Scott and White Hospital.; Near new developments bringing in over 5,000 homes.
    (512) 306-1771 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Travis Sikes
    Travis Sikes
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1840 S Us Hwy 281, Marble Falls, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!