Metal Fabrication Industrial
320 Red Bluff Rd Spicewood, TX 78669
320 Red Bluff Rd, Spicewood, TX, 78669
$625,000
For Sale
$625,000
Metal fabrication and welding shop with fenced yard, two 240-amp services, and office building plus storage sheds.
Property Size4,144 SF
Lot Size2.10 Acres
Price / SF$150.82
Days on Market881
Property Features for 320 Red Bluff Rd
General Information
- Standard status
- Active
- Size
- 4,144 SF
- Lot size
- 2.10 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1998
Listing agency
Texas Hills and Lakes RE
(830) 693-5683
Listed by
Deborah Carrington · License #0435564
Source
Buttross
Added: Feb 22, 2024 Updated: Jul 22 at 2:06AM Checked: Jul 22 at 2:06AM
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 Texas Hills and Lakes RE
Investment Insights
Based on property information with market context.
This industrial property has been used as a metal fabrication and welding shop for approximately 25 years. The main shop is about 4,000 square feet and has doors at both ends. A separate building has been used as an office, and there are two storage sheds on site.
The property sits on 2.1 acres and features a fenced yard on two sides with an unrestricted designation. The electrical service includes two 240 amp services. There is also one full RV hookup with 50 amp service. A drive-through/turnaround area is in place for trucks, and the site is positioned close to Hwy. 71, Lake Travis, and Marble Falls.
For buyers seeking an on-site setup for equipment and operations, the combination of the fenced yard, heavy equipment space, and dedicated shop and office buildings supports practical industrial use.
The property sits on 2.1 acres and features a fenced yard on two sides with an unrestricted designation. The electrical service includes two 240 amp services. There is also one full RV hookup with 50 amp service. A drive-through/turnaround area is in place for trucks, and the site is positioned close to Hwy. 71, Lake Travis, and Marble Falls.
For buyers seeking an on-site setup for equipment and operations, the combination of the fenced yard, heavy equipment space, and dedicated shop and office buildings supports practical industrial use.
Key Highlights
- 2.1‑acre property used as a metal fabrication and welding shop for 25 years
- Large 4,000 SF shop built in 1998 with doors at both ends
- Separate office building plus two storage sheds
Local Financial Insights For Industrial
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 | $61.7k | $14.88 |
| − Vacancy | −$8.7k | −$2.10 |
| EGI | $53.0k | $12.78 |
| − OpEx | −$15.9k | −$3.83 |
| NOI | $37.1k | $8.95 |
4,144 SF · lease $14.88/SF/yr · vacancy 14.10% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.41M
$1.24M – $1.65M
NOI $98,816 @ 7.0% cap · market cap 15.81%
Second Best
Industrial
$529.7K
$463.5K – $618.0K
NOI $37,078 @ 7.0% cap · market cap 5.93%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,261 @ 7.0% cap · market cap 19.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Manufacturing property - Metal fabrication and welding shop with fenced yard, two 240-amp services, and office building plus storage sheds.
Where is this manufacturing property located?
The property is located at 320 Red Bluff Rd Spicewood, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2.1‑acre property used as a metal fabrication and welding shop for 25 years; Large 4,000 SF shop built in 1998 with doors at both ends; Separate office building plus two storage sheds
