11215 Conroy Ln, Manchaca, TX
6,288 SF flex space with modern industrial loft aesthetic.
- Added:
- Nov 13, 2023
- Days on Market:
- 939
- Last Refresh:
- May 20 at 9:41 pm
Property Features for 11215 Conroy Ln
General Information
- Standard status
- Active
- Size
- 6,288 SF
- Lot size
- 1.07 Acres
- Property subtype
- INDUSTRIAL
Listing agent Adam Fike
Listing office Dovetail Commercial Real Estate (512) 468-5353
Listing date Nov 13, 2023
Source Moodyscre
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HighLights
- 6,288 SF building with industrial loft aesthetic
- 2,300 SF of Grade A office space on two floors
- 100% HVAC
- Convenient location: 15 mins from downtown Austin and 10 miles to ABIA
- 2020 construction
- Cat 6 cabling throughout and professional lighting
Overview
Local Financial Insights For Office B
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 | $264.1k | $42.00 |
| − Vacancy | −$64.2k | −$10.21 |
| EGI | $199.9k | $31.79 |
| − OpEx | −$50.0k | −$7.95 |
| NOI | $149.9k | $23.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manchaca
- County
- Travis
- State
- Texas
- Longitude
- -97.8051
- Latitude
- 30.1424