Flexible Multi-Unit
New
For Sale
$2,199,900
2000 Windy Ter 11, Cedar Park, TX 78613
Modern warehouse property combines separate operating areas with dedicated office, conference, and garage facilities.
Property Size7,500 SF
Price / SF$293.32
Days on Market3
Property Features for 2000 Windy Ter 11
General Information
Standard status
Active
Size
7,500 SF
Warehouse & Industrial
Clear Height
21 ft
Warehouse Space
6,000 SF
Office Build-Out
1,500 SF
Drive-In Doors
3
Building Details
Year Built
2015
Buildings
1
Building Size
7,500 SF
Listing Agency:
Douglas Elliman Real Estate
Listed By:
Matthew Layman · License #595366
(800) 683-5651
Source:
Olverabolton
Added: Sep 19
Last Checked: Sep 21 at 9:16AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
Built in 2015, this 7,500-square-foot warehouse property combines two connected units with space for warehouse, administrative, and client-facing functions. Suite 11A contains 4,000 square feet and Suite 11B contains 2,000 square feet, while the remaining 1,500 square feet includes office, administrative, and conference areas. The property also provides 3.5 baths and three dedicated garage bays, allowing warehouse and office operations to remain under one roof. The connected suites can function together or independently.
An 18-foot eave height and 21-foot clear center height provide room for racking, equipment, and vehicles. The sale includes a Drexel SLT30 narrow-aisle forklift with 36V power and swing-arm functionality. Located at 2000 Windy Ter in Cedar Park, Texas, the property is positioned within a city described in the source information as supporting technology and aerospace activity and ongoing infrastructure investment.
An 18-foot eave height and 21-foot clear center height provide room for racking, equipment, and vehicles. The sale includes a Drexel SLT30 narrow-aisle forklift with 36V power and swing-arm functionality. Located at 2000 Windy Ter in Cedar Park, Texas, the property is positioned within a city described in the source information as supporting technology and aerospace activity and ongoing infrastructure investment.
Key Highlights
- 7,500‑square‑foot warehouse property built in 2015
- Two connected suites: 4,000 square feet and 2,000 square feet
- 1,500 square feet of office, administrative, and conference space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$75,509
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,510,180
$1.5M
Cap Rate 7%
$1,078,700
$1.1M
Cap Rate 9%
$838,989
$839.0K
Market Conditions
NOI Build-Up for 7,500 SF
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.
Gross rent
$111.6K $14.88/SF
− Vacancy
−$22.8K −$3.04/SF
EGI
$88.8K $11.84/SF
− OpEx
−$13.3K −$1.78/SF
NOI
$75.5K $10.07/SF
Area
Williamson 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,510,180
Cap Rate 7%
$1,078,700
Cap Rate 9%
$838,989
Alternative Uses
Best Use
Warehouse
$1.08M
$943.9K – $1.26M
NOI $75,509 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.14M
$2.74M – $3.66M
NOI $219,463 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
21 ft
Clear height
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78613, TX
89,279
Population
34,198
Households
2.6
Avg Household Size
36
Median Age
55%
College-Educated
97%
High-School Grad
27.7 sq mi
ZIP Area
3,223
Density / Sq Mi
$120,829
Median Household Income
$61,782
Median Earnings
$1,733
Median Rent
$461,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Modern warehouse property combines separate operating areas with dedicated office, conference, and garage facilities.
Where is this warehouse located?
The property is located at 2000 Windy Ter 11 Cedar Park, TX.
What is the asking price?
The asking price for this property is $2,199,900.
What are key features of this property?
This property features: 7,500‑square‑foot warehouse property built in 2015; Two connected suites: 4,000 square feet and 2,000 square feet; 1,500 square feet of office, administrative, and conference space
