Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    East Austin Industrial-Style Property Title is generated by Realmo AI

    3228 E 5th St., Austin, TX 78702

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Industrial property in East Austin with versatile zoning and development potential.

    Type:Retail
    Property size:
    3,700 SF
    Lot size:
    0.35 Acres
    Price / SF:
    $614/SF
    Added:
    Oct 29, 2025
    Days on Market:
    197
    Last Refresh:
    Mar 16 at 1:30 pm

    Property Features for 3228 E 5th St.

    General Information

    Standard status
    Active
    Size
    3,700 SF
    Lot size
    0.35 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1980

    We can help!

    Listing Contact
    Joshua Brunsmann
    Joshua Brunsmann

    Listing agent Joshua Brunsmann License #639565

    Listing office 3rd Angle Developments

    Listing date Oct 29, 2025

    Source Crexi

    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 3rd Angle Developments

    HighLights

    • Prime East Austin location with exceptional visibility and access.
    • Versatile GR‑MU‑NP zoning allows for a wide range of commercial and mixed‑use possibilities.
    • Generous 15,246 square foot corner lot with a 3,700 square foot metal warehouse.
    • Minutes from Downtown Austin, Springdale General, and Austin‑Bergstrom International Airport.
    • Currently operating as an auto repair shop, suitable for owner‑users or investors.
    • Surrounded by East Austin’s industrial, creative, and culinary destinations with a walkable vibe.

    Overview

    Located in East Austin, this property at 3228 E 5th Street offers an industrial-style building with visibility and access. The corner lot site spans 15,246 square feet and features a 3,700-square-foot metal warehouse, currently operating as an auto repair shop. Zoned GR-MU-NP, the property allows for a range of commercial and mixed-use possibilities, making it suitable for investors, owner-users, or creative operators seeking flexibility and long-term potential. The location is approximately 2.5 miles from Downtown Austin, 2.5 miles from Springdale General, and 6 miles from Austin-Bergstrom International Airport. The location combines access to major roadways, making it accessible for business operations or customer traffic. Surrounded by East Austin’s mix of industrial, creative, and culinary destinations, the property is near local establishments such as Pueblo Viejo and Fleet Coffee’s mobile setup at Cosmic Saltillo. The property offers utility and future development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Matrix Automotriz Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Austin Truck & Trailer Repair — 4826 E Cesar Chavez St, Austin, TX 78702
    • George Cox Automotive — 5225 E Cesar Chavez St, Austin, TX 78702
    • Elias Auto Shop — 4701 red bluff rd, austin, tx 78702
    • Happy Trails Automotive — 5000 E Cesar Chavez St, Austin, TX 78702
    • Chewy Design Co. — 4909 E Cesar Chavez St a, Austin, TX 78702

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Hays
    State
    Texas
    Longitude
    -97.7058007
    Latitude
    30.2551004

    Nearby Similar for Sale

    • $509,000
      1,256 SF

      South Congress Live/Work Condo

      Versatile 1,256 sq ft live/work space on South Congress.
      4361 S Congress Ave 106, Austin, TX 78745
      View Details
    • $4,200,000
      6,500 SF

      East Austin Commercial Property

      Versatile commercial property near US-183 corridor in East Austin.
      5225 E Cesar Chavez St, Austin, TX 78702
      View Details
    • $450,000
      723 SF

      East Austin Commercial Condo

      Ground-floor commercial condo in a mixed-use development.
      2235 E 6th St 106, Austin, TX 78702
      View Details
    • $699,000
      1,480 SF

      Austin Commercial Property with Character

      1,480 sqft commercial property in vibrant Austin neighborhood.
      1107 West 45th Street, Austin, TX 78756
      View Details
    • $2,200,000
      3,200 SF

      Highway 290 Frontage Commercial Property

      Versatile commercial property with excellent frontage and visibility on Highway 290.
      9221 Highway 290 W, Austin, TX 78736
      View Details
    • $699,000
      1,480 SF

      Charming Office Building in Austin

      Unique 1,480 sqft commercial property with character and functionality.
      1107 W 45th St W, Austin, TX 78756
      View Details
    • $925,000

      Stylish Mixed-Use Home Near Congress

      Modern, flexible home near South Congress with mixed-use zoning.
      206 E Live Oak St C, Austin, TX 78704
      View Details
    • $1,650,000
      6,020 SF

      New Austin Office/Warehouse Facility

      6,020 SF office/warehouse near Austin and Dripping Springs.
      10020 Darden Hill Rd 10, Austin, TX 78737
      View Details
    • $252,000

      Austin Quadplex Investment Opportunity

      East Riverside quadplex near River Park development. Great investment potential.
      1901 Crossing Place #3203, Austin, TX 78741
      View Details
    • $5,750,000
      10,986 SF

      North Austin Retail Investment Opportunity

      Fully occupied retail building with strong income in prime location.
      9710 N Lamar Blvd, Austin, TX, 78753-4112
      View Details
    • $3,950,000
      14,085 SF

      Modern Retail Buildings on RR 620

      Two renovated retail buildings totaling 14,085 SF on 1.292 acres.
      9900 Ranch Rd 620, Austin, TX 78726
      View Details
    • $475,000
      962 SF

      Adaptable South Congress Commercial Space

      High-visibility live/work space ideal for retail or creative office.
      4361 Congress Ave., Austin, TX 78745
      View Details

    FAQs

    What type of property is this?
    Auto shop - Industrial property in East Austin with versatile zoning and development potential.
    Where is this auto shop located?
    The property is located at 3228 E 5th St. Austin, TX.
    What is the asking price?
    The asking price for this property is $2,275,000.
    What are key features of this property?
    This property features: Prime East Austin location with exceptional visibility and access.; Versatile GR‑MU‑NP zoning allows for a wide range of commercial and mixed‑use possibilities.; Generous 15,246 square foot corner lot with a 3,700 square foot metal warehouse.
    (512) 573-8804 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joshua Brunsmann
    Joshua Brunsmann
    Real Estate License ID: 639565
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3228 E 5th St., Austin, TX 78702
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!