Warehouse with Yard For
For Sale
Contact for pricing
3414 Duke Rd, Austin, TX 78724
4,000 SF warehouse with yard, excellent location.
Property Size4,000 SF
Price / SF$137.50
Days on Market221
Property Features for 3414 Duke Rd
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Industrial
Investment Type
Owner/User
Building Details
Buildings
1
Listing Agency:
Partners
(512) 605-7494
Listed By:
Todd Mahler · License #686323
Source:
Crexi
Added: Jan 22
Changed: Aug 15
Last Checked: Aug 28 at 10:28PM
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 Partners
Investment Insights
Based on property information with market context.
This property features a 4,000 SF warehouse with a yard, offering an excellent location for an owner-user.
Key Highlights
- 4,000 SF Warehouse
- Yard included
- Excellent location
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
$43,459
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
7.90%
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%
$869,180
$869.2K
Cap Rate 7%
$620,843
$620.8K
Cap Rate 9%
$482,878
$482.9K
Market Conditions
NOI Build-Up for 4,000 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
$59.5K $14.88/SF
− Vacancy
−$8.4K −$2.10/SF
EGI
$51.1K $12.78/SF
− OpEx
−$7.7K −$1.92/SF
NOI
$43.5K $10.86/SF
Area
Austin, TX
Vacancy
14.10%
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%
$869,180
Cap Rate 7%
$620,843
Cap Rate 9%
$482,878
Alternative Uses
Best Use
Warehouse
$620.8K
$543.2K – $724.3K
NOI $43,459 @ 7.0% cap · market cap 7.90%
Second Best
Industrial
$511.3K
$447.4K – $596.5K
NOI $35,789 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M
NOI $109,723 @ 7.0% cap · market cap 19.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78724, TX
29,680
Population
9,696
Households
3.1
Avg Household Size
30
Median Age
28%
College-Educated
75%
High-School Grad
24.9 sq mi
ZIP Area
1,192
Density / Sq Mi
$76,906
Median Household Income
$36,147
Median Earnings
$1,454
Median Rent
$295,400
Median Home Value
Market
Vacancy Rate% for Industrial in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - 4,000 SF warehouse with yard, excellent location.
Where is this warehouse located?
The property is located at 3414 Duke Rd Austin, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 4,000 SF Warehouse; Yard included; Excellent location
