Metal Flex Building with Detached
New
For Sale
$895,000
16001 AWALT DR, Austin, TX 78734
Single-level flex space with durable tile floors, stainless appliances, premium Andersen windows, and two detached buildings.
Days on Market4
Property Features for 16001 AWALT DR
General Information
Standard status
Active
Property subtype
Mixed Use
Additional Details
Road Access
Yes
Building Details
Building Size
3,810 SF
Year Built
1985
Buildings
3
Stories
1
Construction
metal
Listing Agency:
Ruzicka Real Estate
(512) 413-7188
Listed By:
Vlado Ruzicka · License #0491586
Source:
Lyon
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 1:08PM
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.
Single-level flex space on an oversized lot with mature oak trees. The property includes a recently built extra-large metal building (approximately 2,800 SF) plus a home/office floor plan. Interior features noted include durable tile flooring throughout, stainless steel appliances, premium Andersen windows, and washer/dryer and refrigerator. Remarks describe the layout as turnkey and low-maintenance, with a durable, office-ready setup.
Two detached buildings add additional flexibility for workshop, storage, or other uses. One of the detached buildings is fitted with electricity. The property is described as having no zoning, offering flexibility in how it can be set up.
Conveniently located with easy access to main roadways, downtown corridors, and the Lake Travis area, the property is also described as clean and ready for immediate occupancy.
Two detached buildings add additional flexibility for workshop, storage, or other uses. One of the detached buildings is fitted with electricity. The property is described as having no zoning, offering flexibility in how it can be set up.
Conveniently located with easy access to main roadways, downtown corridors, and the Lake Travis area, the property is also described as clean and ready for immediate occupancy.
Key Highlights
- Approximately 2,800 SF recently built extra‑large metal building
- Durable tile flooring throughout and stainless steel appliances
- Premium Andersen windows plus washer, dryer, and refrigerator
Financial Insights For Office B
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 | $136.7k | $35.88 |
| − Vacancy | −$33.2k | −$8.72 |
| EGI | $103.5k | $27.16 |
| − OpEx | −$25.9k | −$6.79 |
| NOI | $77.6k | $20.37 |
3,810 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.11M
$970.2K – $1.29M
NOI $77,613 @ 7.0% cap · market cap 8.67%
Second Best
Warehouse
$591.3K
$517.4K – $689.9K
NOI $41,394 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,511 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
166
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
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Single-level flex space with durable tile floors, stainless appliances, premium Andersen windows, and two detached buildings.
Where is this flex space located?
The property is located at 16001 AWALT DR Austin, TX.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Approximately 2,800 SF recently built extra‑large metal building; Durable tile flooring throughout and stainless steel appliances; Premium Andersen windows plus washer, dryer, and refrigerator
