Manufacturing Property with Truck
For Sale
$599,000
320 Red Bluff Road, Spicewood, TX 78669
Commercial Sale, Spicewood, TX
Property Size4,144 SF
Lot Size2.10 Acres
Price / SF$144.55
Days on Market958
Property Features for 320 Red Bluff Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Directions
Hwy 71E, L@CR 413 go straight as it turns into CR 404, L@Red Bluff Rd., property near the end of the road on the left
Standard status
Active
APN
038564
Size
4,144 SF
Lot size
2.10 Acres
Taxes and HOA fees
Tax Description
S7540 Shady Creek Ranches, Lot 28, Phase 1, 2.1 acres
Legal Description
S7540 Shady Creek Ranches, Lot 28, Phase 1, 2.1 acres
Utilities
Sewer type
Septic Tank
Heating system
Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Well
Building Details
Year built
1998
Building materials
Steel Frame, Metal Siding
Roof type
Metal
Listing Agency:
Texas Hills and Lakes RE
(830) 693-5683
Listed By:
Deborah Carrington · License #0435564
(512) 785-9314
Added: Feb 22, 2024
Changed: Oct 7
Last Checked: Oct 7 at 5:06PM
MLS# 167522
Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2.1-acre manufacturing property includes a 4,144-square-foot facility with a large shop, a separate office building, and two storage sheds. The improvements feature steel-frame construction, metal siding, a metal roof, wall-furnace heating, and window or wall/window unit cooling. The property has supported metal fabrication and welding operations for 25 years and includes doors at both ends of the shop.
A fenced yard provides room for heavy equipment, with a full truck turnaround and drive-through area. Electrical service includes two 240 amp services, along with one full RV hookup with 50 amp service. The site is served by a well and septic tank and is near Hwy. 71, Lake Travis, and Marble Falls. The property is located at 320 Red Bluff Road in Spicewood, Texas.
A fenced yard provides room for heavy equipment, with a full truck turnaround and drive-through area. Electrical service includes two 240 amp services, along with one full RV hookup with 50 amp service. The site is served by a well and septic tank and is near Hwy. 71, Lake Travis, and Marble Falls. The property is located at 320 Red Bluff Road in Spicewood, Texas.
Key Highlights
- 2.1‑acre manufacturing property with 4,144 SF of improvements
- Large shop includes doors at both ends for vehicle access
- Two 240 amp electrical services support equipment‑intensive operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,721
Cap Rate
6.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$834,420
$834.4K
Cap Rate 7%
$596,014
$596.0K
Cap Rate 9%
$463,567
$463.6K
Market Conditions
NOI Build-Up for 4,144 SF
Gross rent
$61.7K $14.88/SF
− Vacancy
−$12.6K −$3.04/SF
EGI
$49.1K $11.84/SF
− OpEx
−$7.4K −$1.78/SF
NOI
$41.7K $10.07/SF
Area
Travis 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 Rate 5%
$834,420
Cap Rate 7%
$596,014
Cap Rate 9%
$463,567
Alternative Uses
Best Use
Warehouse
$596.0K
$521.5K – $695.4K
NOI $41,721 @ 7.0% cap · market cap 6.97%
Second Best
Industrial
$529.7K
$463.5K – $618.0K
NOI $37,078 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,261 @ 7.0% cap · market cap 20.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 78669, TX
12,415
Population
5,967
Households
2.1
Avg Household Size
48
Median Age
53%
College-Educated
97%
High-School Grad
121.3 sq mi
ZIP Area
102
Density / Sq Mi
$126,422
Median Household Income
$70,140
Median Earnings
$1,940
Median Rent
$576,200
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial acreage includes a drive-through truck yard, separate office building, storage sheds, and dual 240 amp electrical service.
Where is this manufacturing property located?
The property is located at 320 Red Bluff Road Spicewood, TX.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 2.1‑acre manufacturing property with 4,144 SF of improvements; Large shop includes doors at both ends for vehicle access; Two 240 amp electrical services support equipment‑intensive operations
