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Purpose-Built Kitchen Condo Units
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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 Market62

Property Features for 630 Ralph Ablanedo

General Information

Standard status Active
Size 1,863 SF
Property subtype Hospitality, Special Purpose

Additional Details

Business Included Yes
Commercial Hood Yes

Building Details

Year Built 2017
Listing Agency: Rainey Ventures
Listed By: Jesse Lunsford · License #514022
Source: Crexi
Added: Jun 5 Changed: Jul 10 Last Checked: Aug 4 at 9:19AM

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

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.

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 For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $51.4k $27.60
− Vacancy −$1.7k −$0.94
EGI $49.7k $26.66
− OpEx −$12.4k −$6.67
NOI $37.3k $20.00
1,863 SF · lease $27.60/SF/yr · vacancy 3.40% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$532.2K
$465.7K – $620.9K (±1% cap)
NOI $37,253 @ 7.0% cap · market cap 4.54%
Second Best
Industrial
$218.9K
$191.5K – $255.4K (±1% cap)
NOI $15,322 @ 7.0% cap · market cap 1.87%
Theoretical Best
Office A
$650.0K
$568.8K – $758.4K (±1% cap)
NOI $45,501 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Wurzel Builders Construction Company Southern Cutting & Coring Construction Company Lupita's catering Take-out & Catering Hasta la Luna ... Restaurant Commercial Kitchen Factories ... Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Dental Office Accounting Firm

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

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

549
Businesses Nearby
138k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 28% Apparel 9%
Panda Express Dining
27,178 visits/mo 0.5 miles
Chevron Shops & Services
15,905 visits/mo 0.1 miles
Rosa's Cafe Dining
15,584 visits/mo 0.1 miles
Luby's Dining
15,548 visits/mo 0.2 miles
Wendy's Dining
14,790 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

Market

Vacancy Rate% for Retail in Austin, TX

5.3% 2019
6.4% 2020
5.2% 2021
4% 2022
4.1% 2023
3.9% 2024
4.1% 2025
Rey
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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
More about this property
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