Self Storage Facility with Owners
For Sale
$128,000
4229 Ranch Road 620 RD N # 326, Austin, TX 78734
Concrete-and-steel storage facility offering drive-up access, monitored security, shared amenities, and customizable interior space.
Property Size6,500 SF
Price / SF$385.54
Days on Market37
Property Features for 4229 Ranch Road 620 RD N # 326
General Information
Standard status
Active
Size
6,500 SF
Property subtype
Mixed Use
Additional Details
Utilities to Site
Yes
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$2,726
Amenities
internet
water
electricity
janitorial/landscape/trash services
mail center
showers
bathrooms
kitchenettes
water refilling stations
owners lounge
conference room
commercial-grade kitchen
mixer/lounge
oversized TVs
terrace
24/7 monitored security
secure/remote access
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
(512) 751-5210
Source:
Lisacontaldi
Added: Aug 13
Changed: Sep 6
Last Checked: Sep 18 at 1:11PM
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.
Built in 2021, this concrete-and-steel self storage facility combines customizable interior space with business-oriented shared amenities. The approximately 332-square-foot interior unit features black marble tile, custom lighting and paint, a picture window, and a glass-panel roll-up door. Temperature control is supported by a BSA UI-approved needlepoint ionization air filtration system, while fire sprinklers and monitored security provide additional facility infrastructure.
Users have access to drive-up driveways wider than 25 feet, 24/7 monitored access, and remote entry capabilities. Shared services include internet, water, electricity, janitorial, landscaping, trash service, a mail center, showers, bathrooms, kitchenettes, and water-refilling stations. The approximately 3,000-square-foot owners lounge includes floor-to-ceiling windows, a private conference room, commercial-grade kitchen, mixer/lounge area, oversized TVs, and a terrace with views of Lake Travis and the Texas Hill Country.
The property is in West Austin’s Lake Travis region, with stated distances of 30 minutes to Downtown Austin, 12 miles to The Domain, 9 miles to Westlake Hills, 3 miles to Lakeway, and 2 miles to Steiner Ranch.
Users have access to drive-up driveways wider than 25 feet, 24/7 monitored access, and remote entry capabilities. Shared services include internet, water, electricity, janitorial, landscaping, trash service, a mail center, showers, bathrooms, kitchenettes, and water-refilling stations. The approximately 3,000-square-foot owners lounge includes floor-to-ceiling windows, a private conference room, commercial-grade kitchen, mixer/lounge area, oversized TVs, and a terrace with views of Lake Travis and the Texas Hill Country.
The property is in West Austin’s Lake Travis region, with stated distances of 30 minutes to Downtown Austin, 12 miles to The Domain, 9 miles to Westlake Hills, 3 miles to Lakeway, and 2 miles to Steiner Ranch.
Key Highlights
- Approximately 332 sq ft interior unit with customizable space and glass‑panel roll‑up door
- Concrete‑and‑steel facility built in 2021
- 25'+ wide drive‑up driveways with 24/7 monitored security and access
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
$3,607
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
2.82%
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%
$72,140
$72.1K
Cap Rate 7%
$51,529
$51.5K
Cap Rate 9%
$40,078
$40.1K
Market Conditions
NOI Build-Up for 332 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
$4.9K $14.88/SF
− Vacancy
−$697 −$2.10/SF
EGI
$4.2K $12.78/SF
− OpEx
−$637 −$1.92/SF
NOI
$3.6K $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%
$72,140
Cap Rate 7%
$51,529
Cap Rate 9%
$40,078
Alternative Uses
Best Use
Warehouse
$51.5K
$45.1K – $60.1K
NOI $3,607 @ 7.0% cap · market cap 2.82%
Second Best
Self Storage
$48.2K
$42.2K – $56.2K
NOI $3,372 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$130.1K
$113.8K – $151.8K
NOI $9,107 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Austin, TX
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Frequently Asked Questions
What type of property is this?
Self storage facility - Concrete-and-steel storage facility offering drive-up access, monitored security, shared amenities, and customizable interior space.
Where is this self storage facility located?
The property is located at 4229 Ranch Road 620 RD N # 326 Austin, TX.
What is the asking price?
The asking price for this property is $128,000.
What are key features of this property?
This property features: Approximately 332 sq ft interior unit with customizable space and glass‑panel roll‑up door; Concrete‑and‑steel facility built in 2021; 25'+ wide drive‑up driveways with 24/7 monitored security and access
