Flex Space with Powered Overhead
For Sale
$345,000
2100 Double Creek DR # 315, Round Rock, TX 78664
An insulated, climate-controlled unit offers a clear-span warehouse layout with plumbing stubs for a future bathroom.
Property Size1,040 SF
Price / SF$331.73
Days on Market180
Property Features for 2100 Double Creek DR # 315
General Information
Standard status
Active
Size
1,040 SF
Property subtype
Warehouse
Warehouse & Industrial
Clear Height
21.3 ft
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$5,354
Building Details
Building Size
1,040 SF
Year Built
2019
Listing Agency:
Compass RE Texas, LLC
Listed By:
Keri Jackson · License #0656135
(512) 659-6825
Source:
Austinchoicerealty
Added: May 7
Changed: Nov 2
Last Checked: Oct 31 at 12:35AM
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 Compass RE Texas, LLC
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Investment Insights
Based on property information with market context.
This 1,040-square-foot flex space was built in 2019 and is configured for warehouse use. A 14' x 14' powered overhead door with windows provides vehicle access, while 21'4" of clear height accommodates tall equipment. Plumbing stubs are in place for a bathroom, and the unit can also accommodate a mezzanine. Full insulation, a Carrier HVAC system with spiral ducting, a Honeywell Wi-Fi thermostat, and LED lighting serve the interior. Water access is available along the building exterior for washing vehicles or equipment.
The unit is at 2100 Double Creek Dr #315 in Round Rock, just off SH 45 Toll. The HOA is $355 per month and covers water, sewer, trash, grounds maintenance, and landscaping.
The unit is at 2100 Double Creek Dr #315 in Round Rock, just off SH 45 Toll. The HOA is $355 per month and covers water, sewer, trash, grounds maintenance, and landscaping.
Key Highlights
- 1,040 SF flex space built in 2019
- 14' x 14' powered overhead door with windows
- 21'4" clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,093
Cap Rate
3.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$241,860
$241.9K
Cap Rate 7%
$172,757
$172.8K
Cap Rate 9%
$134,367
$134.4K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$15.0K $14.40/SF
− Vacancy
−$749 −$0.72/SF
EGI
$14.2K $13.68/SF
− OpEx
−$2.1K −$2.05/SF
NOI
$12.1K $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%
$241,860
Cap Rate 7%
$172,757
Cap Rate 9%
$134,367
Alternative Uses
Best Use
Warehouse
$172.8K
$151.2K – $201.6K
NOI $12,093 @ 7.0% cap · market cap 3.51%
Second Best
Flex RnD
$152.5K
$133.4K – $177.9K
NOI $10,675 @ 7.0% cap · market cap 3.09%
Theoretical Best
Office A
$329.5K
$288.3K – $384.4K
NOI $23,063 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
21 ft
Clear height
Yes
Highway access
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - An insulated, climate-controlled unit offers a clear-span warehouse layout with plumbing stubs for a future bathroom.
Where is this flex space located?
The property is located at 2100 Double Creek DR # 315 Round Rock, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 1,040 SF flex space built in 2019; 14' x 14' powered overhead door with windows; 21'4" clear height
