Purpose-Built Kitchen Condo
For Sale
Contact for pricing
630 Ralph Ablanedo, Austin, TX 78748
Seven for-sale kitchen units with commercial buildouts for owner-operators and food concepts.
Property Size1,863 SF
Price / SF$440.15
Days on Market135
Property Features for 630 Ralph Ablanedo
General Information
Standard status
Active
Size
1,863 SF
Class
A
Property subtype
Hospitality, Special Purpose
Investment Type
Owner/User
Additional Details
Business Included
Yes
Commercial Hood
Yes
Building Details
Year Built
2017
Units
7
Tenancy
Multi
Listing Agency:
Rainey Ventures
Listed By:
Jesse Lunsford · License #514022
Source:
Crexi
Added: Jun 5
Changed: Oct 5
Last Checked: Oct 16 at 6:04AM
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 Rainey Ventures
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering includes seven separately available commercial kitchen units designed for restaurant and food-service operations. Unit sizes range from 1,220 RSF to 1,863 RSF, with additional options at 1,280 RSF, 1,294 RSF, 1,282 RSF, 1,445 RSF, and 1,778 RSF. Each unit is positioned as its own kitchen space for operating a business from a dedicated built-out facility.
The property is located at 630 Ralph Ablanedo in Austin, Texas. The units are being marketed together as a multi-unit kitchen opportunity, with details provided in the attached brochure.
For owner-operators, these units can provide a way to locate a food concept within a purpose-built kitchen environment rather than assembling a kitchen setup from scratch. For buyers seeking restaurant-related real estate, the availability of multiple unit configurations supports a range of tenant and operator needs based on footprint, from compact operations to larger kitchen layouts.
The property is located at 630 Ralph Ablanedo in Austin, Texas. The units are being marketed together as a multi-unit kitchen opportunity, with details provided in the attached brochure.
For owner-operators, these units can provide a way to locate a food concept within a purpose-built kitchen environment rather than assembling a kitchen setup from scratch. For buyers seeking restaurant-related real estate, the availability of multiple unit configurations supports a range of tenant and operator needs based on footprint, from compact operations to larger kitchen layouts.
Key Highlights
- Year built 2017—seven for‑sale commercial kitchen units with buildouts for owner‑operators and food concepts
- Unit sizes range from 1,220 SF to 1,863 SF, with seven available units
- Unit mix (SF): 1 x 1,280; 1 x 1,294; 1 x 1,220; 1 x 1,282; 1 x 1,445; 1 x 1,863; 1 x 1,778
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,253
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,060
$745.1K
Cap Rate 7%
$532,186
$532.2K
Cap Rate 9%
$413,922
$413.9K
Market Conditions
NOI Build-Up for 1,863 SF
Gross rent
$51.4K $27.60/SF
− Vacancy
−$1.7K −$0.94/SF
EGI
$49.7K $26.66/SF
− OpEx
−$12.4K −$6.67/SF
NOI
$37.3K $20.00/SF
Area
ZIP 78748
Vacancy
3.40%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$745,060
Cap Rate 7%
$532,186
Cap Rate 9%
$413,922
Alternative Uses
Best Use
Specialty Retail
$532.2K
$465.7K – $620.9K
NOI $37,253 @ 7.0% cap · market cap 4.54%
Second Best
Industrial
$218.9K
$191.5K – $255.4K
NOI $15,322 @ 7.0% cap · market cap 1.87%
Theoretical Best
Office A
$650.0K
$568.8K – $758.4K
NOI $45,501 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
87k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 34%
Apparel 14%
Electronics 1%
Chevron
Shops & Services
15,905 visits/mo
0.3 miles
Rosa's Cafe
Dining
15,584 visits/mo
0.4 miles
Luby's
Dining
15,548 visits/mo
0.4 miles
Goodwill
Apparel
11,815 visits/mo
0.4 miles
Dunkin' Donuts
Dining
8,455 visits/mo
0.5 miles
Demographics for 78748, TX
55,226
Population
25,694
Households
2.1
Avg Household Size
35
Median Age
56%
College-Educated
95%
High-School Grad
14.1 sq mi
ZIP Area
3,917
Density / Sq Mi
$107,652
Median Household Income
$59,611
Median Earnings
$1,711
Median Rent
$434,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Austin, TX
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Seven for-sale kitchen units with commercial buildouts for owner-operators and food concepts.
Where is this commercial kitchen located?
The property is located at 630 Ralph Ablanedo Austin, TX.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Year built 2017—seven for‑sale commercial kitchen units with buildouts for owner‑operators and food concepts; Unit sizes range from 1,220 SF to 1,863 SF, with seven available units; Unit mix (SF): 1 x 1,280; 1 x 1,294; 1 x 1,220; 1 x 1,282; 1 x 1,445; 1 x 1,863; 1 x 1,778
