Flex Space with Warehouse
For Sale
$1,500,000
19832 Panther Dr #505 & 506, Pflugerville, TX 78660
The combined two-unit property pairs warehouse capacity with room for storage and office setup.
Property Size4,800 SF
Price / SF$312.50
Days on Market55
Property Features for 19832 Panther Dr #505 & 506
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Commercial
Additional Details
Property Use
Flex Industrial
Building Details
Building Size
4,800 SF
Year Built
2023
Buildings
1
Stories
1
Listing Agency:
DeVillar Properties
Listed By:
George DeVillar
(512) 639-0258
Source:
Devillarproperties
Added: Sep 2
Changed: Oct 26
Last Checked: Oct 26 at 3:35AM
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 DeVillar Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Units 505 and 506 comprise 4,800 square feet of flex industrial space at Panther Commercial Park. The property includes a warehouse mezzanine, with space suited to storage and administrative office setup. The building was constructed in 2023.
Located at 19832 Panther Dr in Pflugerville, the property is part of a commercial park in the Pflugerville market.
Located at 19832 Panther Dr in Pflugerville, the property is part of a commercial park in the Pflugerville market.
Key Highlights
- 4,800 SF across Units 505 and 506
- Warehouse mezzanine
- Built in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,325
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,500
$966.5K
Cap Rate 7%
$690,357
$690.4K
Cap Rate 9%
$536,944
$536.9K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$71.4K $14.88/SF
− Vacancy
−$14.6K −$3.04/SF
EGI
$56.9K $11.84/SF
− OpEx
−$8.5K −$1.78/SF
NOI
$48.3K $10.07/SF
Area
Travis County, TX
Vacancy
20.40%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$966,500
Cap Rate 7%
$690,357
Cap Rate 9%
$536,944
Alternative Uses
Best Use
Warehouse
$690.4K
$604.1K – $805.4K
NOI $48,325 @ 7.0% cap · market cap 3.22%
Second Best
Industrial
$613.5K
$536.8K – $715.8K
NOI $42,947 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,456 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78660, TX
110,955
Population
44,399
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
44.6 sq mi
ZIP Area
2,488
Density / Sq Mi
$109,522
Median Household Income
$55,927
Median Earnings
$1,769
Median Rent
$369,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - The combined two-unit property pairs warehouse capacity with room for storage and office setup.
Where is this flex space located?
The property is located at 19832 Panther Dr #505 & 506 Pflugerville, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 4,800 SF across Units 505 and 506; Warehouse mezzanine; Built in 2023
