New Mini Industrial
For Sale
$4,850,000
17332 Gaffield Road, Justin, TX 76247
New industrial park with flexible units for sale.
Property Size36,000 SF
Price / SF$134.72
Days on Market101
Property Features for 17332 Gaffield Road
General Information
Standard status
Active
Size
36,000 SF
Property subtype
Commercial
Building Details
Year Built
2026
Listing Agency:
eXp Realty, LLC
(817) 706-5468
Listed By:
Mark Anderson · License #0669551
(254) 396-5104
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 31 at 7:41AM
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 eXp Realty, LLC
Investment Insights
Based on property information with market context.
This is a new mini industrial park featuring 6 buildings totaling 36,000 sq ft. Each building offers 6,000 sq ft of space, divisible into up to four 1,500 sq ft units, providing a total of 24 flexible industrial bays. The developer offers build-to-suit options, allowing tenants to customize layouts. The project is currently pre-leasing. This mini park represents an attractive NNN industrial investment opportunity in a modern, secure setting. It is still under construction.
Key Highlights
- Brand‑new construction (2026) in a mini industrial park setting.
- Flexible space: each building divisible into up to four 1,500 sq ft units, build‑to‑suit options.
- Attractive NNN industrial investment opportunity.
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 | $289.4k | $8.04 |
| − Vacancy | −$25.5k | −$0.71 |
| EGI | $264.0k | $7.33 |
| − OpEx | −$39.6k | −$1.10 |
| NOI | $224.4k | $6.23 |
36,000 SF · lease $8.04/SF/yr · vacancy 8.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$3.21M
$2.80M – $3.74M
NOI $224,374 @ 7.0% cap · market cap 4.63%
Second Best
Industrial
$2.64M
$2.31M – $3.08M
NOI $184,778 @ 7.0% cap · market cap 3.81%
Theoretical Best
Multifamily LT 5
$503.44M
$440.51M – $587.35M
NOI $35,240,751 @ 7.0% cap · market cap 726.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76247, TX
17,178
Population
6,610
Households
2.6
Avg Household Size
36
Median Age
34%
College-Educated
97%
High-School Grad
74.4 sq mi
ZIP Area
231
Density / Sq Mi
$123,173
Median Household Income
$61,878
Median Earnings
$2,070
Median Rent
$372,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - New industrial park with flexible units for sale.
Where is this flex space located?
The property is located at 17332 Gaffield Road Justin, TX.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: Brand‑new construction (2026) in a mini industrial park setting.; Flexible space: each building divisible into up to four 1,500 sq ft units, build‑to‑suit options.; Attractive NNN industrial investment opportunity.
