Flex Space Building with Two Roll-Up
For Sale
$900,000
14-10200 Darden Hill Road, Austin, TX 78737
5,000 SF flex building with two roll-up doors and the option to split into two 2,500 SF units.
Property Size5,000 SF
Price / SF$180
Days on Market138
Property Features for 14-10200 Darden Hill Road
General Information
Standard status
Active
Size
5,000 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
2
Building Details
Buildings
1
Building Size
5,000 SF
Listing Agency:
Friedman Real Estate, Inc.
(512) 892-9934
Listed By:
Josh Friedman · License #0451763
(512) 924-5323
Source:
Exprealty
Added: May 4
Changed: Sep 6
Last Checked: Sep 16 at 10:29PM
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 Friedman Real Estate, Inc.
Investment Insights
Based on property information with market context.
Flex space building within the Darden Hill Business Center, totaling 5,000 SF. The space can be demised into two 2,500 SF units, offering options to purchase half the building, occupy the entire space, or use one side as an owner-user while leasing the other. Delivered as a blank slate, the building is designed for finish-out to fit a range of commercial needs.
Operationally, the property includes two roll-up doors for convenient loading and access. Ample on-site parking supports day-to-day use for employees and visitors. The building is positioned along Darden Hill Rd with convenient connectivity to MoPac Expressway, FM 150, Ranch Road 12, and U.S. Highway 290.
This adaptable configuration supports trade users, shipping and receiving, builders, and storage, as well as other light industrial and commercial applications that benefit from flexible space planning.
Operationally, the property includes two roll-up doors for convenient loading and access. Ample on-site parking supports day-to-day use for employees and visitors. The building is positioned along Darden Hill Rd with convenient connectivity to MoPac Expressway, FM 150, Ranch Road 12, and U.S. Highway 290.
This adaptable configuration supports trade users, shipping and receiving, builders, and storage, as well as other light industrial and commercial applications that benefit from flexible space planning.
Key Highlights
- Total 5,000 SF flex space building in the Darden Hill Business Center
- Can be demised into two 2,500 SF units for half‑building or full‑building use
- Blank slate delivery ready for finish‑out
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
$54,323
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
6.04%
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%
$1,086,460
$1.1M
Cap Rate 7%
$776,043
$776.0K
Cap Rate 9%
$603,589
$603.6K
Market Conditions
NOI Build-Up for 5,000 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
$74.4K $14.88/SF
− Vacancy
−$10.5K −$2.10/SF
EGI
$63.9K $12.78/SF
− OpEx
−$9.6K −$1.92/SF
NOI
$54.3K $10.86/SF
Area
Austin, TX
Vacancy
14.10%
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%
$1,086,460
Cap Rate 7%
$776,043
Cap Rate 9%
$603,589
Alternative Uses
Best Use
Warehouse
$776.0K
$679.0K – $905.4K
NOI $54,323 @ 7.0% cap · market cap 6.04%
Second Best
Industrial
$639.1K
$559.2K – $745.6K
NOI $44,737 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$1.96M
$1.71M – $2.29M
NOI $137,153 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78737, TX
20,996
Population
8,895
Households
2.4
Avg Household Size
41
Median Age
64%
College-Educated
99%
High-School Grad
36.4 sq mi
ZIP Area
577
Density / Sq Mi
$164,066
Median Household Income
$86,900
Median Earnings
$2,176
Median Rent
$689,200
Median Home Value
Market
Vacancy Rate% for Industrial in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 5,000 SF flex building with two roll-up doors and the option to split into two 2,500 SF units.
Where is this flex space located?
The property is located at 14-10200 Darden Hill Road Austin, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Total 5,000 SF flex space building in the Darden Hill Business Center; Can be demised into two 2,500 SF units for half‑building or full‑building use; Blank slate delivery ready for finish‑out
