New Industrial Space in
12550 South Highway 183, Luling, TX 78648
For Sale
Contact for pricing
9,600 SF industrial space on 2.47 acres for sale.
Property Size9,600 SF
Lot Size2.47 Acres
Price / SF$101.56
Days on Market381
Property Features for 12550 South Highway 183
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Building Details
Year Built
Listing Agency:
Marcus & Millichap - Austin
Listed By:
Tyler Ranft · License TX #732964
(512) 338-7883
Source:
Crexi
Added: Oct 28, 2025
Changed: Sep 4
Last Checked: Aug 14 at 7:24AM
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 Marcus & Millichap - Austin
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Investment Insights
Based on property information with market context.
The property at 12500 US Highway 183 South in Luling, Texas, offers approximately 9,600 square feet of shallow-bay industrial space on a 2.47-acre lot. Constructed in 2023, this three-building asset features metal construction and includes six units. Each unit benefits from a 20-foot clear height and individual drive-in doors. Available vacant and in shell condition, the property allows for a customized office space buildout. Situated with frontage on US Highway 183, the location is 43 miles south of Austin, 61 miles northeast of San Antonio, and 147 miles west of Houston. This property is suitable as a lease-up investment or for owner use, particularly for regional distribution and servicing.
Key Highlights
- New construction (2023) shallow‑bay industrial space.
- Located on US Highway 183, providing excellent regional access to Austin, San Antonio and Houston.
- Suitable for lease‑up investment or owner‑user.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,895
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,717,900
$1.7M
Cap Rate 7%
$1,227,071
$1.2M
Cap Rate 9%
$954,389
$954.4K
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$142.8K $14.88/SF
− Vacancy
−$20.1K −$2.10/SF
EGI
$122.7K $12.78/SF
− OpEx
−$36.8K −$3.83/SF
NOI
$85.9K $8.95/SF
Area
Caldwell County, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,717,900
Cap Rate 7%
$1,227,071
Cap Rate 9%
$954,389
Alternative Uses
Best Use
Industrial
$1.23M
$1.07M – $1.43M
NOI $85,895 @ 7.0% cap · market cap 8.81%
Second Best
Flex RnD
$1.14M
$997.0K – $1.33M
NOI $79,759 @ 7.0% cap · market cap 8.18%
Theoretical Best
Office A
$3.76M
$3.29M – $4.39M
NOI $263,334 @ 7.0% cap · market cap 27.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78648, TX
8,167
Population
3,563
Households
2.3
Avg Household Size
39
Median Age
11%
College-Educated
75%
High-School Grad
132.9 sq mi
ZIP Area
61
Density / Sq Mi
$56,533
Median Household Income
$30,836
Median Earnings
$1,063
Median Rent
$217,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 9,600 SF industrial space on 2.47 acres for sale.
Where is this flex space located?
The property is located at 12550 South Highway 183 Luling, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: New construction (2023) shallow‑bay industrial space.; Located on US Highway 183, providing excellent regional access to Austin, San Antonio and Houston.; Suitable for lease‑up investment or owner‑user.
