Versatile Insulated
For Sale
$369,000
15114 Iowa St, Austin, TX 78734
Flexible warehouse space with tall ceilings, a roll-up door, fenced yard, and utility infrastructure for storage or work use.
Property Size1,800 SF
Price / SF$205
Days on Market65
Property Features for 15114 Iowa St
General Information
Standard status
Active
Size
1,800 SF
Site & Location
Road Access
Yes
Fenced Yard
Yes
Additional Details
Clear Height
16 ft
Building Details
Year Built
2015
Listing Agency:
Ruzicka Real Estate
Listed By:
Vlado Ruzicka · License #0491586
(512) 413-7188
Source:
Mlsluxurygroup
Added: Aug 11
Changed: Oct 10
Last Checked: Oct 12 at 10:50PM
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 warehouse property offers an insulated interior, durable concrete flooring, approximately 16-foot ceilings, and a large roll-up door. Electricity is in place, while a rainwater collection system and water cistern provide additional utility infrastructure. The property also includes a fenced yard finished with gravel landscaping.
With no zoning restrictions identified in the property information, the space can accommodate a range of storage, workshop, business, and hobby uses. The property is located at 15114 Iowa St in Austin’s 78734 ZIP code, with paved-road access and a position minutes from Ranch Road 620. Lake Travis and Lake Austin are described as nearby. Built in 2015, the property serves as a functional warehouse asset for users needing enclosed space, yard area, and adaptable improvements.
With no zoning restrictions identified in the property information, the space can accommodate a range of storage, workshop, business, and hobby uses. The property is located at 15114 Iowa St in Austin’s 78734 ZIP code, with paved-road access and a position minutes from Ranch Road 620. Lake Travis and Lake Austin are described as nearby. Built in 2015, the property serves as a functional warehouse asset for users needing enclosed space, yard area, and adaptable improvements.
Key Highlights
- Approximately 16‑foot ceilings with an insulated interior
- Large roll‑up door and durable concrete floors
- Fenced yard with gravel landscaping
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,556
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,120
$391.1K
Cap Rate 7%
$279,371
$279.4K
Cap Rate 9%
$217,289
$217.3K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$26.8K $14.88/SF
− Vacancy
−$3.8K −$2.10/SF
EGI
$23.0K $12.78/SF
− OpEx
−$3.5K −$1.92/SF
NOI
$19.6K $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 Rate 5%
$391,120
Cap Rate 7%
$279,371
Cap Rate 9%
$217,289
Alternative Uses
Best Use
Warehouse
$279.4K
$244.5K – $325.9K
NOI $19,556 @ 7.0% cap · market cap 5.30%
Second Best
Industrial
$230.1K
$201.3K – $268.4K
NOI $16,105 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$705.4K
$617.2K – $822.9K
NOI $49,375 @ 7.0% cap · market cap 13.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
16 ft
Clear height
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78734, TX
22,963
Population
10,885
Households
2.1
Avg Household Size
47
Median Age
59%
College-Educated
94%
High-School Grad
18.9 sq mi
ZIP Area
1,215
Density / Sq Mi
$129,116
Median Household Income
$67,881
Median Earnings
$1,930
Median Rent
$626,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Austin, TX
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Similar Off Market Nearby
- Premier Boat Storage — 15201 Iowa St, Austin, TX 78734
Frequently Asked Questions
What type of property is this?
Warehouse - Flexible warehouse space with tall ceilings, a roll-up door, fenced yard, and utility infrastructure for storage or work use.
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 $369,000.
What are key features of this property?
This property features: Approximately 16‑foot ceilings with an insulated interior; Large roll‑up door and durable concrete floors; Fenced yard with gravel landscaping
