Connected Two-Unit Flex
For Sale
$850,000
2100 Double Creek DR Unit 320/325, Round Rock, TX 78664
End-position windows and two powered bay doors provide natural light and direct loading access.
Property Size2,870 SF
Price / SF$296.17
Days on Market71
Property Features for 2100 Double Creek DR Unit 320/325
General Information
Standard status
Active
Size
2,870 SF
Total Parking Spaces
4
Property subtype
Warehouse
Additional Details
Drive-In Doors
2
Property Use
Flex
Taxes and HOA fees
Annual Taxes
$11,372
Amenities
private restroom
community restrooms
Building Details
Building Size
2,870 SF
Year Built
2019
Listing Agency:
Compass RE Texas, LLC
Listed By:
Reese Phillips · License #0628054
(512) 575-3644
Source:
Jorgensonrealestate
Added: Aug 26
Changed: Nov 3
Last Checked: Nov 4 at 8:00AM
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 2,870-square-foot flex property comprises two connected warehouse units, with a passage between them at both the ground level and mezzanine. The configuration allows the units to function together or separately. Each unit has a private mezzanine and restroom, and community restrooms are also available. Exterior windows bring natural light into the end-position units, while two 14-by-14-foot overhead doors, each with an opener, provide loading access. The building was constructed in 2019.
Four parking spaces are assigned out front, two per unit. The connected layout can accommodate vehicle movement through the space, with room to house four to six vehicles indoors, according to the property details.
Four parking spaces are assigned out front, two per unit. The connected layout can accommodate vehicle movement through the space, with room to house four to six vehicles indoors, according to the property details.
Key Highlights
- Two connected flex units totaling 2,870 square feet
- Two 14x14 bay doors, each equipped with an opener
- Linked ground‑floor and mezzanine areas allow a combined or separate layout
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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Drive-in doors
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
Frequently Asked Questions
What type of property is this?
Flex space - End-position windows and two powered bay doors provide natural light and direct loading access.
Where is this flex space located?
The property is located at 2100 Double Creek DR Unit 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 flex units totaling 2,870 square feet; Two 14x14 bay doors, each equipped with an opener; Linked ground‑floor and mezzanine areas allow a combined or separate layout
