Connected Two-Unit Flex
For Sale
$850,000
2100 Double Creek Dr 320/325, Round Rock, TX 78664
End-position flex property combines connected warehouse units with private mezzanines, restrooms, loading access, and exterior windows.
Property Size2,870 SF
Price / SF$296.17
Days on Market26
Property Features for 2100 Double Creek Dr 320/325
General Information
Standard status
Active
Size
2,870 SF
Total Parking Spaces
4
Additional Details
Utilities to Site
Yes
Drive-In Doors
2
Building Details
Year Built
2019
Listing Agency:
Compass RE Texas, LLC
Listed By:
Reese Phillips · License #0628054
(512) 241-1300
Source:
Brandyerocca
Added: Sep 11
Changed: Oct 6
Last Checked: Oct 5 at 8:49PM
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 Compass RE Texas, LLC
Investment Insights
Based on property information with market context.
This flex property combines tandem warehouse units 320 and 325 into a connected operating area while retaining separate unit functionality. The spaces link across both the main floors and mezzanines, and each unit includes a private mezzanine and restroom. End-of-building placement provides exterior windows, while two 14-by-14-foot bay doors with individual openers support direct loading and vehicle access. The combined interior measures 2,870 square feet and can accommodate 4–6 vehicles or trailer passage through the full layout. Four front parking spaces are included, with two assigned to each unit. Built in 2019, the property is located at 2100 Double Creek Dr in Round Rock, Texas. The configuration is suited to warehouse, storage, automotive, contractor, hobby, and small-business operations identified for the space.
Key Highlights
- Two connected warehouse units, 320 and 325, totaling 2,870 square feet
- Units connect across both the main floors and mezzanines
- Two 14x14 bay doors, each equipped with its own opener
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,372
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,440
$667.4K
Cap Rate 7%
$476,743
$476.7K
Cap Rate 9%
$370,800
$370.8K
Market Conditions
NOI Build-Up for 2,870 SF
Gross rent
$41.3K $14.40/SF
− Vacancy
−$2.1K −$0.72/SF
EGI
$39.3K $13.68/SF
− OpEx
−$5.9K −$2.05/SF
NOI
$33.4K $11.63/SF
Area
Round Rock, TX
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$667,440
Cap Rate 7%
$476,743
Cap Rate 9%
$370,800
Alternative Uses
Best Use
Warehouse
$476.7K
$417.2K – $556.2K
NOI $33,372 @ 7.0% cap · market cap 3.93%
Second Best
Flex RnD
$420.9K
$368.3K – $491.0K
NOI $29,460 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$909.2K
$795.6K – $1.06M
NOI $63,645 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78664, TX
60,287
Population
24,259
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
90%
High-School Grad
16.6 sq mi
ZIP Area
3,632
Density / Sq Mi
$85,919
Median Household Income
$45,700
Median Earnings
$1,645
Median Rent
$317,400
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 - End-position flex property combines connected warehouse units with private mezzanines, restrooms, loading access, and exterior windows.
Where is this flex space located?
The property is located at 2100 Double Creek Dr 320/325 Round Rock, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two connected warehouse units, 320 and 325, totaling 2,870 square feet; Units connect across both the main floors and mezzanines; Two 14x14 bay doors, each equipped with its own opener
