Flex Space with
2209 9th St, Marble Falls, TX 78654
For Sale
$1,100,000
Office areas, warehouse capacity, and a fenced outdoor work and storage area support a range of business operations.
Property Size4,000 SF
Price / SF$275
Days on Market65
Property Features for 2209 9th St
General Information
Standard status
Size
Property subtype
Site & Location
Fenced Yard
Outdoor Storage
Additional Details
Warehouse Space
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
reception area
conference/board room
break room
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Joe David Yates & Assoc.
(512) 567-3036
Listed By:
Joe david Yates
(512) 256-3036
Source:
Clearblueproperties
Added: Sep 4
Changed: Nov 7
Last Checked: Nov 7 at 2:13PM
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 Joe David Yates & Assoc.
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Investment Insights
Based on property information with market context.
Built in 1999, this 4,000-square-foot flex property combines office space with an approximately 800-square-foot warehouse. The office portion includes a reception area, conference room, and break room. Three roll-up bay doors serve the warehouse, while a roughly 2,500-square-foot covered work area and fenced yard provide additional outdoor space.
The mix of enclosed office and warehouse areas with covered and fenced exterior space accommodates businesses needing both workspace and storage or operational areas.
The mix of enclosed office and warehouse areas with covered and fenced exterior space accommodates businesses needing both workspace and storage or operational areas.
Key Highlights
- 4,000‑square‑foot flex property built in 1999
- Approximately 800 square feet of warehouse space
- Three roll‑up bay doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,027
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,540
$900.5K
Cap Rate 7%
$643,243
$643.2K
Cap Rate 9%
$500,300
$500.3K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$59.5K $14.88/SF
− Vacancy
−$6.5K −$1.64/SF
EGI
$53.0K $13.24/SF
− OpEx
−$7.9K −$1.99/SF
NOI
$45.0K $11.26/SF
Area
Burnet County, TX
Vacancy
11.00%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$900,540
Cap Rate 7%
$643,243
Cap Rate 9%
$500,300
Alternative Uses
Best Use
Warehouse
$643.2K
$562.8K – $750.5K
NOI $45,027 @ 7.0% cap · market cap 4.09%
Second Best
Industrial
$529.7K
$463.5K – $618.0K
NOI $37,081 @ 7.0% cap · market cap 3.37%
Theoretical Best
Hotel Hospitality
$3.01M
$2.64M – $3.52M
NOI $210,900 @ 7.0% cap · market cap 19.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78654, TX
19,698
Population
9,764
Households
2
Avg Household Size
45
Median Age
33%
College-Educated
89%
High-School Grad
201.3 sq mi
ZIP Area
98
Density / Sq Mi
$72,669
Median Household Income
$37,391
Median Earnings
$1,404
Median Rent
$315,200
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
Frequently Asked Questions
What type of property is this?
Flex space - Office areas, warehouse capacity, and a fenced outdoor work and storage area support a range of business operations.
Where is this flex space located?
The property is located at 2209 9th St Marble Falls, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 4,000‑square‑foot flex property built in 1999; Approximately 800 square feet of warehouse space; Three roll‑up bay doors
