Unrestricted Industrial
For Sale
$3,500,000
20234 Keilman Ln, Pflugerville, TX 78660
A 4+ acre unrestricted commercial/light industrial property with a fenced metal warehouse, office space, and expansion-ready pad.
Property Size4,599 SF
Lot Size4.00 Acres
Price / SF$761.04
Days on Market13
Property Features for 20234 Keilman Ln
General Information
Standard status
Active
Size
4,599 SF
Total Parking Spaces
30
Lot size
4.00 Acres
Property subtype
Commercial
Amenities
pool
patio
Building Details
Year Built
1983
Construction
metal
Listing Agency:
Christies Intl Real Estate Lone Star
(512) 695-6588
Listed By:
Kelli McLaughlin · License #0658823
(512) 695-6588
Source:
Elliman
Added: Jul 21
Changed: Jul 22
Last Checked: Aug 1 at 6:12AM
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 Christies Intl Real Estate Lone Star
Investment Insights
Based on property information with market context.
This unrestricted commercial/light industrial parcel includes 2 developed acres and room for additional development. The improvements comprise a 2,200 SF fenced metal warehouse with five bays, along with 1,679 SF of office space plus an additional 270 SF of conditioned office area. There is also 450 SF of covered storage and parking for 30 vehicles. The property includes an existing pool and patio area that can be adapted for staff use.
The remaining 2 undeveloped acres offer expansion potential, including an improved driveway to a 7,200 SF concrete pad. This configuration supports adding future warehouse, distribution, or flex space.
With no zoning restrictions noted, the site is set up to accommodate current operations while providing development-ready infrastructure for additional buildings or improvements.
The remaining 2 undeveloped acres offer expansion potential, including an improved driveway to a 7,200 SF concrete pad. This configuration supports adding future warehouse, distribution, or flex space.
With no zoning restrictions noted, the site is set up to accommodate current operations while providing development-ready infrastructure for additional buildings or improvements.
Key Highlights
- Unrestricted 4+ acre commercial/light industrial parcel in Austin’s fastest‑growing corridors
- Includes 2,200 SF fenced metal warehouse with 5 bays
- Office space totals 1,679 SF plus 270 SF additional conditioned office space
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 | $193.2k | $42.00 |
| − Vacancy | −$46.9k | −$10.21 |
| EGI | $146.2k | $31.79 |
| − OpEx | −$36.6k | −$7.95 |
| NOI | $109.7k | $23.85 |
4,599 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.57M
$1.37M – $1.83M
NOI $109,665 @ 7.0% cap · market cap 3.13%
Second Best
Warehouse
$661.5K
$578.8K – $771.7K
NOI $46,302 @ 7.0% cap · market cap 1.32%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,575 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78660, TX
110,955
Population
44,399
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
44.6 sq mi
ZIP Area
2,488
Density / Sq Mi
$109,522
Median Household Income
$55,927
Median Earnings
$1,769
Median Rent
$369,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - A 4+ acre unrestricted commercial/light industrial property with a fenced metal warehouse, office space, and expansion-ready pad.
Where is this warehouse located?
The property is located at 20234 Keilman Ln Pflugerville, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Unrestricted 4+ acre commercial/light industrial parcel in Austin’s fastest‑growing corridors; Includes 2,200 SF fenced metal warehouse with 5 bays; Office space totals 1,679 SF plus 270 SF additional conditioned office space
