2219 Co Rd 460, Elgin, TX 78621
Warehouse space with office and large yard near Hwy 290.
- Added:
- May 24, 2024
- Days on Market:
- 746
- Last Refresh:
- May 20 at 9:27 pm
Property Features for 2219 Co Rd 460
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Lot size
- 4.96 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 2219 Co Rd 460 Contact usListing agent Adam Fike
Listing office Dovetail Commercial Real Estate (512) 468-5353
Listing date May 24, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Dovetail Commercial Real Estate
HighLights
- 4+/- acres of yard space
- Features a mix of high and low ceiling warehouse space
- Nicely appointed office space
- Located in Williamson County
- Near Hwy 290 and Toll Rd 130
- 35 minutes to Austin
Overview
Local Financial Insights For Warehouse
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 | $33.5k | $14.88 |
| − Vacancy | −$6.8k | −$3.04 |
| EGI | $26.7k | $11.84 |
| − OpEx | −$4.0k | −$1.78 |
| NOI | $22.7k | $10.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Elgin
- County
- Bastrop
- State
- Texas
- Longitude
- -97.3628
- Latitude
- 30.4251