Flex Office with Fenced
For Sale
$1,530,000
2320 Patterson Industrial Dr, Pflugerville, TX 78660
Office and warehouse space with a 7,450 SF fenced yard and two grade-level loading doors.
Property Size6,000 SF
Lot Size0.48 Acres
Price / SF$255
Days on Market164
Property Features for 2320 Patterson Industrial Dr
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.48 Acres
Property subtype
Industrial - Warehouse/Distribution
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
20 ft
Drive-In Doors
2
Building Details
Building Size
6,000 SF
Year Built
2001
Stories
2
Listing Agency:
Asterra Properties
Listed By:
Riley Perry · License #806338
(936) 615-2662
Source:
Commercialcafe
Added: May 12
Changed: Oct 7
Last Checked: Oct 20 at 5:32PM
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 Asterra Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-style property includes approximately 2,000 SF of office space and 4,000 SF of warehouse area. The office features six private offices, one conference room, two bathrooms, a kitchen/break room, and a shop office/storage area. Warehouse improvements include two 14’ H x 12’ W grade level doors, with ceiling height estimated between 18’ and 20’.
Additional outdoor storage is provided by an estimated 7,450 SF fenced yard area on a 0.4815-acre parcel, supporting a range of operational needs.
Overall, the building’s combination of office work space, functional loading access, and secured yard area makes it well-suited for users who need both indoor and enclosed outdoor flexibility.
Additional outdoor storage is provided by an estimated 7,450 SF fenced yard area on a 0.4815-acre parcel, supporting a range of operational needs.
Overall, the building’s combination of office work space, functional loading access, and secured yard area makes it well-suited for users who need both indoor and enclosed outdoor flexibility.
Key Highlights
- 4,000 SF warehouse plus 2,000 SF office space
- Features 2 grade‑level loading doors: 14' H x 12' W each
- 18'–20' ceiling height in the warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,407
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,208,140
$1.2M
Cap Rate 7%
$862,957
$863.0K
Cap Rate 9%
$671,189
$671.2K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$89.3K $14.88/SF
− Vacancy
−$18.2K −$3.04/SF
EGI
$71.1K $11.84/SF
− OpEx
−$10.7K −$1.78/SF
NOI
$60.4K $10.07/SF
Area
Travis County, TX
Vacancy
20.40%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,208,140
Cap Rate 7%
$862,957
Cap Rate 9%
$671,189
Alternative Uses
Best Use
Warehouse
$863.0K
$755.1K – $1.01M
NOI $60,407 @ 7.0% cap · market cap 3.95%
Second Best
Industrial
$766.9K
$671.1K – $894.7K
NOI $53,684 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$2.51M
$2.19M – $2.93M
NOI $175,571 @ 7.0% cap · market cap 11.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
20 ft
Clear height
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 78660, TX
110,955
Population
44,399
Households
2.5
Avg Household Size
34
Median Age
42%
College-Educated
93%
High-School Grad
44.6 sq mi
ZIP Area
2,488
Density / Sq Mi
$109,522
Median Household Income
$55,927
Median Earnings
$1,769
Median Rent
$369,300
Median Home Value
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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 and warehouse space with a 7,450 SF fenced yard and two grade-level loading doors.
Where is this flex space located?
The property is located at 2320 Patterson Industrial Dr Pflugerville, TX.
What is the asking price?
The asking price for this property is $1,530,000.
What are key features of this property?
This property features: 4,000 SF warehouse plus 2,000 SF office space; Features 2 grade‑level loading doors: 14' H x 12' W each; 18'–20' ceiling height in the warehouse
