Flex Warehouse with Office and
For Sale
Contact for pricing
2219 Co Rd 460, Elgin, TX 78621
Flex warehouse with high- and low-ceiling space, a nicely appointed office, and 4+/- acres of yard area.
Property Size2,100 SF
Lot Size4.00 Acres
Price / SF$120
Days on Market798
Property Features for 2219 Co Rd 460
General Information
Standard status
Active
Size
2,100 SF
Lot size
4.00 Acres
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Listing Agency:
Dovetail Commercial Real Estate
(512) 574-4155
Listed By:
Adam Fike
Source:
Moodyscre
Added: May 24, 2024
Changed: Jul 26
Last Checked: Jul 30 at 1:32PM
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 Dovetail Commercial Real Estate
Investment Insights
Based on property information with market context.
This flex warehouse property is set up for users who need a combination of high- and low-ceiling warehouse space alongside a nicely appointed office. The offering also includes 4+/- acres of yard space, supporting a variety of storage and operational needs.
The property is located in Williamson County at 2219 Co Rd 460, Elgin, TX 78621, near Hwy 290 and Toll Rd 130. It is described as approximately 35 minutes to Austin and about 25 minutes to Round Rock/Georgetown, offering convenient regional access for businesses serving the Central Texas area.
The property is located in Williamson County at 2219 Co Rd 460, Elgin, TX 78621, near Hwy 290 and Toll Rd 130. It is described as approximately 35 minutes to Austin and about 25 minutes to Round Rock/Georgetown, offering convenient regional access for businesses serving the Central Texas area.
Key Highlights
- Flex warehouse featuring both high- and low‑ceiling warehouse space
- Includes a nicely appointed office
- 4+/- acres of yard space
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.2k | $14.88 |
| − Vacancy | −$6.4k | −$3.04 |
| EGI | $24.9k | $11.84 |
| − OpEx | −$3.7k | −$1.78 |
| NOI | $21.1k | $10.07 |
2,100 SF · lease $14.88/SF/yr · vacancy 20.40% · expense 15.00%
Alternative Uses
Best Use
Office B
$715.4K
$626.0K – $834.6K
NOI $50,076 @ 7.0% cap · market cap 19.87%
Second Best
Warehouse
$302.0K
$264.3K – $352.4K
NOI $21,142 @ 7.0% cap · market cap 8.39%
Theoretical Best
Office A
$822.9K
$720.1K – $960.1K
NOI $57,604 @ 7.0% cap · market cap 22.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78621, TX
27,275
Population
10,671
Households
2.6
Avg Household Size
36
Median Age
24%
College-Educated
81%
High-School Grad
177.7 sq mi
ZIP Area
153
Density / Sq Mi
$88,246
Median Household Income
$48,955
Median Earnings
$1,317
Median Rent
$262,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse with high- and low-ceiling space, a nicely appointed office, and 4+/- acres of yard area.
Where is this flex space located?
The property is located at 2219 Co Rd 460 Elgin, TX.
What is the asking price?
The asking price for this property is $252,000.
What are key features of this property?
This property features: Flex warehouse featuring both high- and low‑ceiling warehouse space; Includes a nicely appointed office; 4+/- acres of yard space
