Versatile Industrial
15114 Iowa St Austin, TX 78734
15114 Iowa St, Austin, TX, 78734
$385,000
For Sale
$385,000
Warehouse with 16-foot ceilings, insulated interior, roll-up door, concrete floors, and a fenced gravel yard.
Property Size1,800 SF
Price / SF$213.89
Days on Market68
Property Features for 15114 Iowa St
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2015
Listing agency
Ruzicka Real Estate
(512) 266-9995
Listed by
Vlado Ruzicka · License #0491586
Source
Buttross
Added: May 15 Updated: Jul 21 at 8:36AM Checked: Jul 21 at 8:36AM
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 Ruzicka Real Estate
Investment Insights
Based on property information with market context.
This versatile warehouse/flex-style building offers approximately 16-foot ceilings and an insulated interior for comfortable year-round use. The space includes a large roll-up door and durable concrete floors, along with electricity throughout. An efficient rainwater collection system with a water cistern supports additional on-site water needs.
The property is located near Ranch Road 620 with access via paved roads, making it convenient for storage and operations in the Lake Travis area. A fenced yard with gravel landscaping adds further usable outdoor space and helps provide security.
With no zoning restrictions noted in the remarks, the property is described as flexible for a range of uses, including vehicle, boat, and RV storage, workshop space, and general business or hobby applications.
The property is located near Ranch Road 620 with access via paved roads, making it convenient for storage and operations in the Lake Travis area. A fenced yard with gravel landscaping adds further usable outdoor space and helps provide security.
With no zoning restrictions noted in the remarks, the property is described as flexible for a range of uses, including vehicle, boat, and RV storage, workshop space, and general business or hobby applications.
Key Highlights
- Built in 2015 and designed as a warehouse with approximately 16‑foot ceilings
- Insulated interior with a large roll‑up door for easy loading and storage access
- Durable concrete floors plus electricity on‑site
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.8k | $14.88 |
| − Vacancy | −$3.8k | −$2.10 |
| EGI | $23.0k | $12.78 |
| − OpEx | −$3.5k | −$1.92 |
| NOI | $19.6k | $10.86 |
1,800 SF · lease $14.88/SF/yr · vacancy 14.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$279.4K
$244.5K – $325.9K
NOI $19,556 @ 7.0% cap · market cap 5.08%
Second Best
Industrial
$230.1K
$201.3K – $268.4K
NOI $16,105 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$705.4K
$617.2K – $822.9K
NOI $49,375 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Premier Boat Storage — 15201 Iowa St, Austin, TX 78734
FAQs
What type of property is this?
Warehouse - Warehouse with 16-foot ceilings, insulated interior, roll-up door, concrete floors, and a fenced gravel yard.
Where is this warehouse located?
The property is located at 15114 Iowa St Austin, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Built in 2015 and designed as a warehouse with approximately 16‑foot ceilings; Insulated interior with a large roll‑up door for easy loading and storage access; Durable concrete floors plus electricity on‑site
