Turnkey Flex-Showroom Spec
For Sale
Contact for pricing
3001 Brangus Road, Georgetown, TX 78628
Seven finished spec suites include HVAC, a restroom, and a grade-level roll-up door with a glass retail entry.
Property Size1,250 SF
Price / SF$350
Days on Market70
Property Features for 3001 Brangus Road
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Industrial
Zoning
ETJ
Lease Type
NNN
Building Details
Year Built
2026
Units
1
Listing Agency:
Commercial Market Exchange
Listed By:
Dean Rowat · License #TX 717513
(248) 770-3069
Source:
Crexi
Added: Jun 30
Changed: Aug 24
Last Checked: Sep 6 at 4:46AM
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 Commercial Market Exchange
Investment Insights
Based on property information with market context.
Building 5 at Airport Flex Development features seven spec suites, each approximately 1,250 SF, offered for sale as turnkey spaces. Each suite is finished with HVAC, a restroom, full insulation, and a grade level roll up door, along with a glass retail entry designed to support showroom or light flex use. Spec suites are targeting end-of-July occupancy, and full customization is available for buyers who want to tailor the space.
The property is located at 3001 Brangus Road in Georgetown, TX, within the broader Airport Flex Development park. For users needing additional space, larger shell and flex options are also available elsewhere in the development.
The property is located at 3001 Brangus Road in Georgetown, TX, within the broader Airport Flex Development park. For users needing additional space, larger shell and flex options are also available elsewhere in the development.
Key Highlights
- Building 5 at Airport Flex Development includes seven spec suites at 7000 Airport Rd, Georgetown, TX.
- Each suite is 1,250 SF and is priced at $437,500 per unit ($350/SF).
- Suites are finished with HVAC and a restroom.
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
$12,585
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
2.88%
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%
$251,700
$251.7K
Cap Rate 7%
$179,786
$179.8K
Cap Rate 9%
$139,833
$139.8K
Market Conditions
NOI Build-Up for 1,250 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
$18.6K $14.88/SF
− Vacancy
−$3.8K −$3.04/SF
EGI
$14.8K $11.84/SF
− OpEx
−$2.2K −$1.78/SF
NOI
$12.6K $10.07/SF
Area
Williamson 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 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%
$251,700
Cap Rate 7%
$179,786
Cap Rate 9%
$139,833
Alternative Uses
Best Use
Warehouse
$179.8K
$157.3K – $209.8K
NOI $12,585 @ 7.0% cap · market cap 2.88%
Second Best
Industrial
$159.8K
$139.8K – $186.4K
NOI $11,184 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$522.5K
$457.2K – $609.6K
NOI $36,577 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78628, TX
40,378
Population
17,738
Households
2.3
Avg Household Size
42
Median Age
53%
College-Educated
94%
High-School Grad
64.7 sq mi
ZIP Area
624
Density / Sq Mi
$117,198
Median Household Income
$58,328
Median Earnings
$1,552
Median Rent
$467,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Seven finished spec suites include HVAC, a restroom, and a grade-level roll-up door with a glass retail entry.
Where is this flex space located?
The property is located at 3001 Brangus Road Georgetown, TX.
What is the asking price?
The asking price for this property is $437,500.
What are key features of this property?
This property features: Building 5 at Airport Flex Development includes seven spec suites at 7000 Airport Rd, Georgetown, TX.; Each suite is 1,250 SF and is priced at $437,500 per unit ($350/SF).; Suites are finished with HVAC and a restroom.
