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

4229 Ranch Road 620 RD N # 316, Austin, TX 78734

A two-level configuration pairs a flexible work area with convenient shared facilities and building services.

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

Property Features for 4229 Ranch Road 620 RD N # 316

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
24/7 monitored security
mail center
bathrooms/showers
kitchenettes
water refilling stations
owners' lounge
private conference room
commercial-grade kitchen
mixer lounge
terrace

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: Denpg
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-square-foot mixed-use flex space, built in 2021, includes a mezzanine and concrete-and-steel construction. Interior details include polished concrete floors, oversized picture windows, fluorescent lighting and single-phase power. A glass storefront-style roll-up door provides drive-up entry and accommodates deliveries. The building has monitored security, fire sprinklers and an HVAC system with bioclimatic ionization air filtration.

Shared facilities include bathrooms, showers, kitchenettes, a mail center, elevator access and water refill stations. The 3,000-square-foot owners’ lounge offers a conference room, commercial kitchen and terrace with views of Lake Travis and the Texas Hill Country. The property is in the Lake Travis region of West Austin, about 30 minutes from Downtown Austin.

Key Highlights

  • 632 square feet with a mezzanine level
  • Concrete‑and‑steel construction; built in 2021
  • Glass storefront‑style roll‑up door with drive‑up and delivery access

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 - A two-level configuration pairs a flexible work area with convenient shared facilities and building services.
Where is this mixed-use property located?
The property is located at 4229 Ranch Road 620 RD N # 316 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 square feet with a mezzanine level; Concrete‑and‑steel construction; built in 2021; Glass storefront‑style roll‑up door with drive‑up and delivery access
More about this property
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