Property profile

1034 Cyn Bnd Dra Dripping Springs, TX 78620

OFF-MARKET
Commercial real estate
Property ID
US83-1752093
6,000 SF Built 2003
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,800-square-foot flex space in Dripping Springs, Texas, is ideally situated on a 2.11-acre site at 1034 Canyon Bend Dr, Bldg C, 78620. The property boasts convenient access to US 290, providing easy commutes between Dripping Springs and Austin. This single-story, Class B building, constructed in 2003, offers ample parking with 10 total spaces and four drive-in bays. The entire 4,800 square feet is currently vacant and available for lease starting June 1, 2024. The building features a flexible layout, suitable for a variety of industrial or warehouse uses. Zoned for commercial use, this property is part of a three-building complex on the site. The property is conveniently located near the intersection of Canyon Bend Dr and US 290. No loading docks or elevators are present. The property's zoning is commercial.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2003
Total area 6,000 SF
APN R194066
UPID US83-1752093

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store
  • Gym & Fitness Center Training Center
  • Electrical Service General Contractor
  • Alternative Medicine Practice
  • General Contractor Renovation Specialist

Location

1034 Cyn Bnd Dra Dripping Springs, TX 78620-5241
Dripping Springs metro Census 10806 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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