Dessau Business Park
For Sale
Contact for pricing
13400 Immanuel Rd, Pflugerville, TX 78660
Warehouse/office space available in Dessau Business Park.
Property Size12,000 SF
Price / SF$233.25
Days on Market152
Property Features for 13400 Immanuel Rd
General Information
Standard status
Active
Size
12,000 SF
Class
B
Total Parking Spaces
36
Property subtype
Industrial
Zoning
BP (Business Park)
Occupancy
88%
Lease Type
NNN
Net Operating Income
$193,458
Building Details
Year Built
2012
Year Renovated
2018
Units
3
Tenancy
Multi
Listing Agency:
The Morshed Group
(512) 767-4254
Listed By:
Brett Silverman · License #TX 638589
Source:
Crexi
Added: Mar 24
Changed: Aug 9
Last Checked: Aug 21 at 5:53PM
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 The Morshed Group
Investment Insights
Based on property information with market context.
This property offers 12,000 square feet of warehouse and office space. The space is located in Dessau Business Park and features full HVAC.
Key Highlights
- Full HVAC
- Warehouse Space
- Office Space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$120,814
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,416,280
$2.4M
Cap Rate 7%
$1,725,914
$1.7M
Cap Rate 9%
$1,342,378
$1.3M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$178.6K $14.88/SF
− Vacancy
−$36.4K −$3.04/SF
EGI
$142.1K $11.84/SF
− OpEx
−$21.3K −$1.78/SF
NOI
$120.8K $10.07/SF
Area
Travis County, TX
Vacancy
20.40%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,416,280
Cap Rate 7%
$1,725,914
Cap Rate 9%
$1,342,378
Alternative Uses
Best Use
Office B
$4.09M
$3.58M – $4.77M
NOI $286,146 @ 7.0% cap · market cap 10.22%
Second Best
Warehouse
$1.73M
$1.51M – $2.01M
NOI $120,814 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$5.02M
$4.39M – $5.85M
NOI $351,141 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
427
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.
Similar Off Market Nearby
- CubeSmart Self Storage — 13601 Dessau Rd, Pflugerville, TX 78660
- Storage Town USA — 13107 Dessau Rd Ste 100, Austin, TX 78754
- Life Storage — 2220 E Howard Ln, Pflugerville, TX 78660
- All My Sons Moving & Storage — 2337 Patterson Industrial Dr, Pflugerville, TX 78660
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse/office space available in Dessau Business Park.
Where is this warehouse located?
The property is located at 13400 Immanuel Rd Pflugerville, TX.
What is the asking price?
The asking price for this property is $2,799,000.
What are key features of this property?
This property features: Full HVAC; Warehouse Space; Office Space
