Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21602 Martin LN Pflugerville, TX 78660

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,999,990

    10.081 acre tract ideal for commercial ventures.

    Type:Commercial/Industrial
    Lot size:
    10.08 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    20
    Last Refresh:
    Mar 25 at 11:33 pm

    Property Features for 21602 Martin LN

    General Information

    Standard status
    Active
    Lot size
    10.08 Acres
    Property subtype
    Commercial/Industrial

    We can help!

    Listing Contact
    Sam Sheikh

    Listing agent Sam Sheikh License #0656784

    Listing office SpecTower Realty Group

    Listing date Mar 12, 2026

    Source Exitrealty

    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 SpecTower Realty Group

    Overview

    Pflugerville Land with Commercial Potential

    This approximately 10.081-acre tract is located in the ETJ of Pflugerville. It features multiple metal outbuildings equipped with water, electric, and septic systems, suitable for various uses such as a hobbyist's space, contractor's yard, or general storage and workspace. A metal shop/garage with roll-up doors is present on the property. Positioned across from a new Flex/Warehouse business park, the property is suited for commercial ventures as Martin Lane is rapidly transforming into a commercial corridor. The area already hosts established businesses, RV parking, and storage facilities, with the residential presence decreasing. The site is located minutes from the city. Oncor has three-phase power available on the east and west sides of the property, and single-phase power along the north and south sides. Three-phase power can be brought onto the property, with the cost depending on the allowable load. Wastewater capacity is available in Lakeside MUD 3, and fire hydrant capabilities are also available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center Department Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pflugerville
    County
    Travis
    State
    Texas
    Longitude
    -97.5574
    Latitude
    30.4918

    Nearby Similar for Sale

    • $2,500,000
      3,277 SF

      Pflugerville Restaurant - Turnkey Opportunity

      Thriving restaurant in Pflugerville, Texas with equipment and prime location.
      1005 Pecan St, Pflugerville, TX 78660
      View Details
    • $4,500,000
      2,481 SF

      20501 Farm to Market 685, Pflugerville, TX 78660

      5.03 acres with renovated office building and garage.
      20501 Pflugerville Tx 78660, Pflugerville, TX 78660
      View Details
    • $530,000
      1,552 SF

      Pflugerville Office Building Investment

      1,552 SF office building with high visibility.
      Pflugerville, TX 78660
      View Details
    • $2,299,000
      4,968 SF

      Pflugerville Commercial Property with Warehouses

      One-acre lot with three buildings, ideal for various commercial uses.
      4613 Priem LN, Pflugerville, TX 78660
      View Details
    • $365,000
      850 SF

      Finished Office Unit For Sale

      Ready-to-occupy office unit with four offices and reception area.
      1009 W Pecan St 103, Pflugerville, TX 78660
      View Details
    • $543,200
      1,552 SF

      Pflugerville Office Building with Units

      Office building in Pflugerville with high visibility and accessibility.
      1433 Grand Ave Pkwy, Pflugerville, TX
      View Details
    • $3,150,000
      12,000 SF

      Dessau Business Park Warehouse/Office

      Warehouse/office space available in Dessau Business Park.
      13400 Immanuel Rd, Pflugerville, TX 78660
      View Details
    • $1,749,000
      6,600 SF

      Pflugerville Flex Space with Yard

      6,600 SF flex space with fenced yard in Pflugerville.
      13621 Immanuel Rd, Pflugerville, TX
      View Details
    • $3,500,000

      Commercial Lot Near SH130 & 45

      5.05 acre commercial lot with development potential.
      19812 Panther DR, Pflugerville, TX 78660
      View Details
    • $527,500
      1,553 SF

      Pflugerville Office Building For Sale

      Commercial property suitable for professional, medical, or administrative use.
      821 Grand Ave Pkwy Bldg 2, Pflugerville, TX 78660
      View Details
    • $1,495,000

      Pflugerville Land with Metal Buildings

      5+ acre lot with buildings near Toll 130.
      1742 Rowe Loop, Pflugerville, TX 78660
      View Details
    • $2,750,000

      Prime Commercial Land on SH-130

      Over 3 acres with direct access to SH-130.
      1512 Panther Loop, Pflugerville, TX 78660
      View Details

    FAQs

    What type of property is this?
    Commercial land - 10.081 acre tract ideal for commercial ventures.
    Where is this commercial land located?
    The property is located at 21602 Martin LN Pflugerville, TX.
    What is the asking price?
    The asking price for this property is $1,999,990.
    What are key features of this property?
    This property features: 10.081 Acre tract in Pflugerville ETJ, poised for commercial ventures.; Multiple metal outbuildings with water, electric, and septic, ideal for storage/workspace.; Three‑phase power availability on east and west sides; single‑phase on north and south.
    (512) 285-7146
    We can help!
    Listing Contact
    Sam Sheikh
    Real Estate License ID: 0656784
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!