Two-Story Flex
New
For Sale
$475,000
2512 W Pecan ST # 290, Pflugerville, TX 78660
End-unit commercial space combines showroom character with office and operating areas.
Property Size1,390 SF
Price / SF$341.73
Days on Market3
Property Features for 2512 W Pecan ST # 290
General Information
Standard status
Active
Size
1,390 SF
Property subtype
Mixed Use
Site & Location
End Cap
Yes
Highway Access
Yes
Warehouse & Industrial
Office Build-Out
460 SF
Mezzanine
460 SF
Drive-In Doors
1
Additional Details
Floor
Ground, Upper Level
Taxes and HOA fees
Annual Taxes
$8,592
Amenities
private restroom
HVAC
water heater
grade-level overhead door
two-story glass frontage
abundant natural light
exposed ceilings and ductwork
architectural steel stairs and railings
sealed concrete floors
Building Details
Building Size
1,390 SF
Year Built
2022
Stories
2
Tenancy
Single
Listing Agency:
eXp Realty LLC
Listed By:
Eugene Batson
(888) 519-7431
Source:
Lisacontaldi
Added: Sep 11
Changed: Sep 13
Last Checked: Sep 13 at 6:14AM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
Unit 290 is a 1,390-square-foot end-unit flex property built in 2022, arranged across two levels. The first floor provides approximately 930 square feet with an open, high-volume layout, private restroom, HVAC, water heater, and a grade-level overhead door. A 460-square-foot upper office or mezzanine adds workspace above the main floor.
The property features two-story glass frontage, substantial natural light, exposed ceilings and ductwork, architectural steel stairs and railings, and recently sealed concrete floors. Its configuration supports office, showroom, studio, workshop, storage, specialty retail, and other light-flex applications. Storefront and monument-sign opportunities are available subject to approval. The property is positioned along the W Pecan Street/FM 1825 corridor with access to I-35, SH 45, and SH 130.
The property features two-story glass frontage, substantial natural light, exposed ceilings and ductwork, architectural steel stairs and railings, and recently sealed concrete floors. Its configuration supports office, showroom, studio, workshop, storage, specialty retail, and other light-flex applications. Storefront and monument-sign opportunities are available subject to approval. The property is positioned along the W Pecan Street/FM 1825 corridor with access to I-35, SH 45, and SH 130.
Key Highlights
- 1,390 SF two‑story flex unit with 930 SF on the first floor and 460 SF of upper‑level office/mezzanine space
- End‑unit layout with two‑story glass frontage and abundant natural light
- Grade‑level overhead door, private restroom, HVAC, and water heater
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,475
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$489,500
$489.5K
Cap Rate 7%
$349,643
$349.6K
Cap Rate 9%
$271,944
$271.9K
Market Conditions
NOI Build-Up for 1,390 SF
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.
Gross rent
$36.2K $26.04/SF
− Vacancy
−$1.2K −$0.89/SF
EGI
$35.0K $25.15/SF
− OpEx
−$10.5K −$7.55/SF
NOI
$24.5K $17.61/SF
Area
Travis County, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$489,500
Cap Rate 7%
$349,643
Cap Rate 9%
$271,944
Alternative Uses
Best Use
Retail
$349.6K
$305.9K – $407.9K
NOI $24,475 @ 7.0% cap · market cap 5.15%
Second Best
Industrial
$177.7K
$155.5K – $207.3K
NOI $12,437 @ 7.0% cap · market cap 2.62%
Theoretical Best
Office A
$581.1K
$508.4K – $677.9K
NOI $40,674 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - End-unit commercial space combines showroom character with office and operating areas.
Where is this flex space located?
The property is located at 2512 W Pecan ST # 290 Pflugerville, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,390 SF two‑story flex unit with 930 SF on the first floor and 460 SF of upper‑level office/mezzanine space; End‑unit layout with two‑story glass frontage and abundant natural light; Grade‑level overhead door, private restroom, HVAC, and water heater
