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Customizable Flex Space with Mezzanine
For Sale
$275,000

316-4229 Ranch Road 620 Road N, Austin, TX 78734

Flexible concrete-and-steel suite with mezzanine, storefront roll-up door, and on-site security and services for easy access.

Property Size632 SF
Price / SF$435.13
Days on Market161

Property Features for 316-4229 Ranch Road 620 Road N

General Information

Standard status Active
Size 632 SF

Additional Details

Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $4,325
Listing Agency: All City Real Estate Ltd. Co
Listed By: Margo Fesas · License #0611945
Source: Exprealty
Added: May 26 Changed: Oct 26 Last Checked: Nov 1 at 10:13AM

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 All City Real Estate Ltd. Co

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Investment Insights

Based on property information with market context.

This customizable mixed-use flex space includes a mezzanine level within a durable concrete-and-steel facility. The interior features polished concrete floors, oversized picture windows, and bright fluorescent lighting, supported by single-phase power. The suite is set up for flexible use with a glass storefront-style roll-up door, easy entry and delivery accommodations, and convenient proximity to common amenities. The space also benefits from remote access security and access to shared restrooms with showers and kitchenette facilities, along with a mail center and elevator service.

The property is in the Lake Travis area of West Austin, with drive-up access described as 25’+ and a terrace offering panoramic views of Lake Travis and the Texas Hill Country. Building operations include 24/7 monitored security and fire sprinkler protection, along with an energy-efficient approach supported by an HVAC bioclimatic ionization air filtration system. All-inclusive services referenced include high-speed internet, water, electricity, janitorial, landscape, and trash services.

For owner-operators, makers, and investors seeking a flexible, secure space, this suite’s mezzanine configuration and storefront-style delivery access support a range of commercial and creative uses. Shared bathrooms/showers and kitchenette access, combined with the mail center and elevator, help streamline day-to-day operations while the facility’s monitored security and fire sprinkler protection provide additional comfort for ongoing access and use.

Key Highlights

  • 632 sq. ft. customizable mixed‑use flex space with mezzanine level and durable concrete‑and‑steel construction
  • Glass storefront‑style roll‑up door plus easy‑access entry and delivery accommodations near main entrance
  • Secure access with 24/7 monitored security and remote access for managing the space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,874
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,480 $257.5K
Cap Rate 7%
$183,914 $183.9K
Cap Rate 9%
$143,044 $143.0K
Market Conditions
NOI Build-Up for 632 SF
Gross rent
$22.7K $35.88/SF
− Vacancy
−$5.5K −$8.72/SF
EGI
$17.2K $27.16/SF
− OpEx
−$4.3K −$6.79/SF
NOI
$12.9K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,480
Cap Rate 7%
$183,914
Cap Rate 9%
$143,044

Alternative Uses

Best Use
Office B
$183.9K
$160.9K – $214.6K (±1% cap)
NOI $12,874 @ 7.0% cap · market cap 4.68%
Second Best
Industrial
$80.8K
$70.7K – $94.3K (±1% cap)
NOI $5,655 @ 7.0% cap · market cap 2.06%
Theoretical Best
Office A
$247.7K
$216.7K – $288.9K (±1% cap)
NOI $17,336 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Restaurant (Bike/Boat/Book/etc) Store Grocery & Convenience Store Law Firm Bakery

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

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby
Balanced
Demand for This Use

Demographics for 78734, TX

22,963
Population
10,885
Households
2.1
Avg Household Size
47
Median Age
59%
College-Educated
94%
High-School Grad
18.9 sq mi
ZIP Area
1,215
Density / Sq Mi
$129,116
Median Household Income
$67,881
Median Earnings
$1,930
Median Rent
$626,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025

Similar Off Market Nearby

  • hudson Bend Commercial Kitchen — 1501 Ranch Rd 620 N, Austin, TX 78734

Frequently Asked Questions

What type of property is this?
Flex space - Flexible concrete-and-steel suite with mezzanine, storefront roll-up door, and on-site security and services for easy access.
Where is this flex space located?
The property is located at 316-4229 Ranch Road 620 Road N Austin, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 632 sq. ft. customizable mixed‑use flex space with mezzanine level and durable concrete‑and‑steel construction; Glass storefront‑style roll‑up door plus easy‑access entry and delivery accommodations near main entrance; Secure access with 24/7 monitored security and remote access for managing the space
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