Climate-Controlled Warehouse
For Sale
$2,300,000
14510 Fitzhugh Rd #7, Austin, TX 78736
Open interior supports tailored commercial build-outs for a range of business operations.
Property Size8,356 SF
Price / SF$275.25
Days on Market322
Property Features for 14510 Fitzhugh Rd #7
General Information
Standard status
Active
Size
8,356 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
fully climate-controlled
two restrooms
expansive glass front-facing walls
abundant natural light
exceptional curb appeal
open design
Building Details
Building Size
8,356 SF
Year Built
2024
Buildings
1
Listing Agency:
Douglas Elliman Real Estate
(512) 866-3795
Listed By:
Lindsey Fenton · License #655757
Source:
Loessinproperties
Added: Oct 13, 2025
Changed: Aug 29
Last Checked: Aug 29 at 9:09PM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
Building 7 is an 8,356-square-foot warehouse completed in 2024, with an insulated envelope, climate control, and painted interior finishes. The open floor plan supports customized build-outs, while two restrooms and expansive front-facing glass add practical functionality and natural light. The property presents a polished commercial appearance for businesses that receive clients or customers.
Located at 14510 Fitzhugh Rd #7 in Austin, the facility sits between Austin and Dripping Springs with direct access to Highway 290. Its position along the corridor provides convenient regional connectivity and a visible setting for commercial operations.
Located at 14510 Fitzhugh Rd #7 in Austin, the facility sits between Austin and Dripping Springs with direct access to Highway 290. Its position along the corridor provides convenient regional connectivity and a visible setting for commercial operations.
Key Highlights
- 8,356‑square‑foot warehouse completed in 2024
- Climate‑controlled, insulated, and painted throughout
- Two restrooms and expansive front‑facing glass walls
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
$90,785
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
3.95%
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%
$1,815,700
$1.8M
Cap Rate 7%
$1,296,929
$1.3M
Cap Rate 9%
$1,008,722
$1.0M
Market Conditions
NOI Build-Up for 8,356 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
$124.3K $14.88/SF
− Vacancy
−$17.5K −$2.10/SF
EGI
$106.8K $12.78/SF
− OpEx
−$16.0K −$1.92/SF
NOI
$90.8K $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%
$1,815,700
Cap Rate 7%
$1,296,929
Cap Rate 9%
$1,008,722
Alternative Uses
Best Use
Warehouse
$1.30M
$1.13M – $1.51M
NOI $90,785 @ 7.0% cap · market cap 3.95%
Second Best
Industrial
$1.07M
$934.6K – $1.25M
NOI $74,764 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$3.27M
$2.87M – $3.82M
NOI $229,211 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78736, TX
10,165
Population
4,539
Households
2.2
Avg Household Size
40
Median Age
54%
College-Educated
97%
High-School Grad
22.3 sq mi
ZIP Area
456
Density / Sq Mi
$100,761
Median Household Income
$52,920
Median Earnings
$1,849
Median Rent
$556,400
Median Home Value
Market
Vacancy Rate% for Industrial in Austin, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Gearspace Premium Garage Condos — 14714 Fitzhugh Rd, Austin, TX 78736
Frequently Asked Questions
What type of property is this?
Warehouse - Open interior supports tailored commercial build-outs for a range of business operations.
Where is this warehouse located?
The property is located at 14510 Fitzhugh Rd #7 Austin, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 8,356‑square‑foot warehouse completed in 2024; Climate‑controlled, insulated, and painted throughout; Two restrooms and expansive front‑facing glass walls
