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    Warehouse-Flex Two-Building Facility Title is generated by Realmo AI

    501 12th Street, Marble Falls, TX 78654

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    For Lease
    $18,515/Mo $10 SF/Yr (calc)

    COMMERCIAL - Marble Falls, TX

    Property size:
    22,217 SF
    Lot size:
    10.28 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    40
    Last Refresh:
    Jun 8 at 2:06 am

    Property Features for 501 12th Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    028822
    Size
    22,217 SF
    Lot size
    10.28 Acres

    Taxes and HOA fees

    Tax Description
    S6130 MARBLE FALLS 9.137 & 8.52 AC WCM BAKER SUR AB 124 S5218 HOLLY-NAUMANN LOT 2A 1.76

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Flooring type
    Hardwood, Laminate, Carpet

    We can help!

    Listing Contact
    Rose Brasuel

    Listing agent Rose Brasuel

    Listing office Coleman Team Realty, LLC 118 Hwy 281, Marble Falls, TX

    Listing date Apr 30, 2026

    MLS# 177739

    Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2‑acre site with approx. 22,217 SF across two buildings available for lease in Marble Falls
    • Main building: 18,267 SF with large open warehouse‑style area, 11 private offices, commercial kitchen, and restrooms
    • Second building: 3,950 SF suited for fabrication, storage, or dedicated operational use
    • Over 275 parking spaces and extensive concrete in place for equipment, deliveries, staging, or outdoor storage
    • Zoned C1‑PDD for a wide range of commercial uses (tenant to verify intended use)
    • Lease offered at $10/SF gross; tenant pays utilities

    Overview

    An available warehouse-flex facility on a large site offers approximately 22,217 square feet across two buildings. The main building includes a large open warehouse-style area supported by 11 private offices, a commercial kitchen, and restrooms, supporting both day-to-day operations and on-site administration. A separate 3,950 square foot building provides dedicated space for fabrication, storage, or another operational function, with uses separated across the property.

    The property sits on a sizable lot with over 275 parking spaces and extensive concrete in place for equipment, deliveries, staging, and outdoor storage as needed. Zoned C1-PDD, the site is positioned to support a wide range of commercial uses, including office, medical, education, recreation, and community-serving uses, with tenant verification required for intended use. Access is described as convenient to major routes, with the property located approximately 0.5 miles from Highway 281 and FM 1431, as well as nearby retail and downtown Marble Falls.

    This configuration suits tenants seeking warehouse-style space paired with functional office capacity and supporting amenities like restrooms and a commercial kitchen. The second building can help accommodate dedicated production or storage needs without disrupting the main operational layout. Flexible lease terms are available, including full-site or multi-tenant configurations, and utilities are the tenant’s responsibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Marble Falls
    County
    Llano
    State
    Texas
    Longitude
    -98.26736571
    Latitude
    30.57942457

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    FAQs

    What type of property is this?
    Flex space - Two-building warehouse-flex site with extensive parking and flexible office support for distribution and commercial services.
    Where is this flex space located?
    The property is located at 501 12th Street Marble Falls, TX.
    What is the lease rate?
    The lease rate is $18,515 /Mo.
    What are key features of this property?
    This property features: 2‑acre site with approx. 22,217 SF across two buildings available for lease in Marble Falls; Main building: 18,267 SF with large open warehouse‑style area, 11 private offices, commercial kitchen, and restrooms; Second building: 3,950 SF suited for fabrication, storage, or dedicated operational use
    (830) 385-5950
    We can help!
    Listing Contact
    Rose Brasuel
    Request Owner's contact information
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    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.

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