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Industrial Condo with Office Mezzanine
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2250 Co Rd 172, Round Rock, TX 78681

Industrial condo unit includes office space and a mezzanine for added usable area.

Property Size1,125 SF
Price / SF$354.67
Days on Market56

Property Features for 2250 Co Rd 172

General Information

Standard status Active
Size 1,125 SF
Property subtype INDUSTRIAL
Listing Agency: Don Quick & Associates, Inc.
Listed By: Caitlin Morales · License #681664-SA
Source: Moodyscre
Added: Jun 10 Changed: Jul 10 Last Checked: Jul 21 at 6:44AM

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 Don Quick & Associates, Inc.

Investment Insights

Based on property information with market context.

This offering is an industrial condo unit designed to combine warehouse functionality with office support. The space includes an office and a mezzanine, providing a practical layout for users who need dedicated work space alongside industrial or storage areas.

The property is located at 2250 Co Rd 172 in Round Rock, Texas. As an industrial condo, it is structured as a unit within a broader property context rather than a standalone industrial facility.

For buyers seeking a smaller industrial footprint, this configuration can suit operations that require an onsite office component and additional mezzanine area for workflow, storage, or other internal uses. The combination of office and mezzanine is particularly helpful for teams that want to keep administrative functions close to day-to-day industrial activity.

Key Highlights

  • Industrial condo unit
  • Includes office space
  • Features a mezzanine for added usable area

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 $16.2k $14.40
− Vacancy −$810 −$0.72
EGI $15.4k $13.68
− OpEx −$2.3k −$2.05
NOI $13.1k $11.63
1,125 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$186.9K
$163.5K – $218.0K (±1% cap)
NOI $13,082 @ 7.0% cap · market cap 3.28%
Second Best
Flex RnD
$165.0K
$144.4K – $192.5K (±1% cap)
NOI $11,548 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$356.4K
$311.9K – $415.8K (±1% cap)
NOI $24,948 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Dental Office Accounting Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78681, TX

57,503
Population
20,817
Households
2.8
Avg Household Size
38
Median Age
56%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
2,479
Density / Sq Mi
$136,215
Median Household Income
$62,739
Median Earnings
$1,848
Median Rent
$460,000
Median Home Value

Market

Properties on Market for Flex space in Williamson County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • What's For Lunch Corporate Catering 2250 Co Rd 172 Ste 302, Round Rock, TX 78681
  • CoJo Unlimited Catering 1310 Chisholm Valley Dr STE 408, Round Rock, TX 78681
  • F w Catering Co LLC 1501 wood rock dr, round rock, tx 78681

Frequently Asked Questions

What type of property is this?
Flex space - Industrial condo unit includes office space and a mezzanine for added usable area.
Where is this flex space located?
The property is located at 2250 Co Rd 172 Round Rock, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Industrial condo unit; Includes office space; Features a mezzanine for added usable area
(512) 814-1813 Call to check price and availability
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