End-Cap Flex
For Sale
$1,399,990
13807 Fm-812, Del Valle, TX 78617
Customizable ownership space with access to clubhouse, fitness, pool, kitchen, and shower facilities.
Property Size2,250 SF
Price / SF$622.22
Days on Market12
Property Features for 13807 Fm-812
General Information
Standard status
Active
Size
2,250 SF
Total Parking Spaces
18
Property subtype
Warehouse
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$84,514
Amenities
private members clubhouse
fitness facilities
showers
pool
kitchen
racing simulator room
RAFA Racing Performance Centre
Central Air
3
Parking.
6 Parking Spaces. Garage, Gated Parking, No Parking.
Asphalt.
Building Details
Year Built
2024
Listing Agency:
eXp Realty, LLC
(512) 808-3699
Listed By:
Tijana Jones
(512) 808-3699
Source:
Xome
Added: Aug 11
Changed: Aug 21
Last Checked: Aug 22 at 4:19AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
Unit 516 is a 2,250 SF end-cap flex space at Garages of the Americas, delivered in customizable condition for a private automotive collection, office, lounge, entertainment area, or combination of uses. The front-row unit has three open sides and 12 transom windows that bring in natural light. Ground-level capacity accommodates up to 9 vehicles, with room for up to 18 using stackers.
The property is directly across from Circuit of the Americas in Del Valle. Ownership includes access to a 10,700+ SF private members clubhouse with fitness facilities, showers, pool, and kitchen, along with a racing simulator room. Privately owned units may be leased for short- or long-term occupancy, offering flexibility for personal use or investment. The RAFA Racing Performance Centre is being built on the premises.
The property is directly across from Circuit of the Americas in Del Valle. Ownership includes access to a 10,700+ SF private members clubhouse with fitness facilities, showers, pool, and kitchen, along with a racing simulator room. Privately owned units may be leased for short- or long-term occupancy, offering flexibility for personal use or investment. The RAFA Racing Performance Centre is being built on the premises.
Key Highlights
- 2,250 SF front‑row end‑cap unit with 12 transom windows and three open sides
- Ground‑level capacity for up to 9 vehicles, or up to 18 with stackers
- Directly across from Circuit of the Americas
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
$39,619
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
2.83%
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%
$792,380
$792.4K
Cap Rate 7%
$565,986
$566.0K
Cap Rate 9%
$440,211
$440.2K
Market Conditions
NOI Build-Up for 2,250 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
$58.6K $26.04/SF
− Vacancy
−$2.0K −$0.89/SF
EGI
$56.6K $25.15/SF
− OpEx
−$17.0K −$7.55/SF
NOI
$39.6K $17.61/SF
Area
Travis County, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
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%
$792,380
Cap Rate 7%
$565,986
Cap Rate 9%
$440,211
Alternative Uses
Best Use
Retail
$566.0K
$495.2K – $660.3K
NOI $39,619 @ 7.0% cap · market cap 2.83%
Second Best
Warehouse
$323.6K
$283.2K – $377.6K
NOI $22,653 @ 7.0% cap · market cap 1.62%
Theoretical Best
Office A
$940.6K
$823.0K – $1.10M
NOI $65,839 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78617, TX
28,832
Population
9,201
Households
3.1
Avg Household Size
31
Median Age
17%
College-Educated
68%
High-School Grad
64.0 sq mi
ZIP Area
451
Density / Sq Mi
$78,019
Median Household Income
$35,961
Median Earnings
$1,449
Median Rent
$247,800
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Customizable ownership space with access to clubhouse, fitness, pool, kitchen, and shower facilities.
Where is this flex space located?
The property is located at 13807 Fm-812 Del Valle, TX.
What is the asking price?
The asking price for this property is $1,399,990.
What are key features of this property?
This property features: 2,250 SF front‑row end‑cap unit with 12 transom windows and three open sides; Ground‑level capacity for up to 9 vehicles, or up to 18 with stackers; Directly across from Circuit of the Americas
