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Mixed-Use Flex Space with Mezzanine
For Sale
$275,000

4229 Ranch Road 620 RD N # 315, Austin, TX 78734

Concrete-and-steel space with drive-up access, secure entry, and shared business amenities.

Property Size6,500 SF
Price / SF$435.13
Days on Market135

Property Features for 4229 Ranch Road 620 RD N # 315

General Information

Standard status Active
Size 6,500 SF
Property subtype Mixed Use

Warehouse & Industrial

Three-Phase Power No
Sprinkler System Yes

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,325

Amenities

high-speed internet
water
electricity
janitorial
landscape
trash services
mail center
fully equipped bathrooms/showers
kitchenettes
water refilling stations
HVAC bioclimatic ionization air filtration
owners' lounge
private conference room
commercial-grade kitchen
mixer lounge
terrace
24/7 monitored security
fire sprinkler protection

Building Details

Building Size 6,500 SF
Year Built 2021
Construction concrete and steel
Listing Agency: All City Real Estate Ltd. Co
Listed By: Margo Fesas · License #0611945
Source: Lisacontaldi
Added: May 26 Changed: Oct 5 Last Checked: Oct 6 at 12:12AM

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

Investment Insights

Based on property information with market context.

This 632 sq. ft. mixed-use flex space is located in a concrete-and-steel facility completed in 2021. The unit includes a mezzanine, polished concrete flooring, oversized picture windows, fluorescent lighting, single-phase power, and a glass storefront-style roll-up door. Its layout supports varied business, hobby, collection, or investment uses, with delivery access and proximity to the main entrance, elevator, restrooms, showers, kitchenette, and mail center.

Building amenities include 24/7 monitored security, fire sprinkler protection, remote access, high-speed internet, water, electricity, janitorial service, landscaping, and trash service. Shared facilities include bathrooms and showers, kitchenettes, water-refilling stations, and a 3,000 sq. ft. owners' lounge with a conference room, commercial kitchen, mixer lounge, and terrace views of Lake Travis and the Texas Hill Country. The property is in West Austin's Lake Travis region, approximately 30 minutes from Downtown Austin.

Key Highlights

  • 632 sq. ft. customizable mixed‑use flex space with mezzanine
  • 25'+ drive‑up access with glass storefront‑style roll‑up door
  • Concrete‑and‑steel construction completed in 2021

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,665
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,300 $213.3K
Cap Rate 7%
$152,357 $152.4K
Cap Rate 9%
$118,500 $118.5K
Market Conditions
NOI Build-Up for 632 SF
Gross rent
$19.0K $30.00/SF
− Vacancy
−$1.9K −$3.00/SF
EGI
$17.1K $27.00/SF
− OpEx
−$6.4K −$10.13/SF
NOI
$10.7K $16.88/SF
Area
Austin, TX
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,300
Cap Rate 7%
$152,357
Cap Rate 9%
$118,500

Alternative Uses

Best Use
Mixed Use
$152.4K
$133.3K – $177.8K (±1% cap)
NOI $10,665 @ 7.0% cap · market cap 3.88%
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.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Spa & Massage Center Pharmacy Nail Salon Building Supply Storage Facility

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby

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 Industrial in Austin, TX

7.5% 2019
5.7% 2020
3.9% 2021
4.3% 2022
9.1% 2023
13.3% 2024
21.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Concrete-and-steel space with drive-up access, secure entry, and shared business amenities.
Where is this mixed-use property located?
The property is located at 4229 Ranch Road 620 RD N # 315 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; 25'+ drive‑up access with glass storefront‑style roll‑up door; Concrete‑and‑steel construction completed in 2021
More about this property
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