Flex Warehouse with Office
2684 W US Hwy 290 Fredericksburg, TX 78624
2684 W US Hwy 290, Fredericksburg, TX, 78624
Contact for pricing
For Sale
Contact for pricing
Flex warehouse offering combined industrial and office space totaling 20,000 sq ft for sale.
Property Size20,000 SF
Price / SF$112.50
Days on Market155
Property Features for 2684 W US Hwy 290
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Property subtype
- Industrial, Mixed Use, Office, Retail
Building Details
- Year Built
- 2000
Listing agency
ERA Newlin & Company
(325) 374-1737
Listed by
Jeff Hameister · License #TX 0594810
Source
Crexi
Added: Feb 17 Updated: Jul 21 at 1:25AM Checked: Jul 21 at 1:25AM
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 ERA Newlin & Company
Investment Insights
Based on property information with market context.
This flex warehouse combines industrial warehouse space with office space, for a total of 20,000 sq ft. The property is offered for sale.
The building is located at 2684 W US Hwy 290 in Fredericksburg, Texas, providing direct access to the main highway corridor.
The listed configuration supports mixed industrial and administrative use within the same facility.
The building is located at 2684 W US Hwy 290 in Fredericksburg, Texas, providing direct access to the main highway corridor.
The listed configuration supports mixed industrial and administrative use within the same facility.
Key Highlights
- Flex warehouse with combined industrial and office space totaling 20,000 SF
- Industrial, warehouse, and office space layout
- Built in 2000
Local Financial Insights For Flex RnD
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 | $294.0k | $14.70 |
| − Vacancy | −$41.5k | −$2.07 |
| EGI | $252.5k | $12.63 |
| − OpEx | −$88.4k | −$4.42 |
| NOI | $164.2k | $8.21 |
20,000 SF · lease $14.70/SF/yr · vacancy 14.10% · expense 35.00%
Alternative Uses
Best Use
Office B
$3.82M
$3.34M – $4.46M
NOI $267,300 @ 7.0% cap · market cap 11.88%
Second Best
Flex RnD
$2.35M
$2.05M – $2.74M
NOI $164,155 @ 7.0% cap · market cap 7.30%
Theoretical Best
Hotel Hospitality
$15.15M
$13.25M – $17.67M
NOI $1,060,200 @ 7.0% cap · market cap 47.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Vivere Catering — 1585 E Main St, Fredericksburg, TX 78624
FAQs
What type of property is this?
Flex space - Flex warehouse offering combined industrial and office space totaling 20,000 sq ft for sale.
Where is this flex space located?
The property is located at 2684 W US Hwy 290 Fredericksburg, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Flex warehouse with combined industrial and office space totaling 20,000 SF; Industrial, warehouse, and office space layout; Built in 2000
