130 S RR 1623, Stonewall, TX 78671
6000 SF storage facility on 2.14 acres near wine trail.
- Added:
- Dec 28, 2021
- Days on Market:
- 1630
- Last Refresh:
- May 13 at 8:22 pm
Property Features for 130 S RR 1623
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 2.14 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing agent Ryan Rendon License #0699528
Listing office Real Broker LLC (855) 450-0442
Listing date Dec 28, 2021
Source Xome
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 Real Broker LLC
HighLights
- Prime location directly off the 290 wine trail.
- Income‑producing 6000 sq ft storage facility.
- Potential for various uses: brewery, distillery, etc.
- Expandable up to 24,000 sq ft with existing 480V 3‑phase electricity.
- Energy‑efficient with spray foam insulation and low electric bills (under $300/month).
- Situated on a 2.14‑acre lot.
Overview
Local Financial Insights For Retail
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 | $135.4k | $22.56 |
| − Vacancy | −$8.1k | −$1.35 |
| EGI | $127.2k | $21.21 |
| − OpEx | −$38.2k | −$6.36 |
| NOI | $89.1k | $14.84 |
Alternative Uses
Current Use by Public Records
Map
- City
- Stonewall
- County
- Gillespie
- State
- Texas
- Longitude
- -98.6562
- Latitude
- 30.2109
