Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Warehouse with Live/Work Potential Title is generated by Realmo AI

    630 W Farm to Market Rd 243, Bertram, TX 78605

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Versatile property with office, warehouse, and live/work options.

    Type:Office, Industrial
    Property size:
    8,600 SF
    Added:
    Jan 3, 2023
    Days on Market:
    1252
    Last Refresh:
    May 12 at 8:57 pm

    Property Features for 630 W Farm to Market Rd 243

    General Information

    Standard status
    Active
    Size
    8,600 SF
    Property subtype
    Office, Industrial

    Spaces For Lease

    at 630 W Farm to Market Rd 243 Contact us

    Bldg 1 $1.00/Mo

    Size
    5,600 SF
    Type
    Office, Industrial
    Lease: $1/SF
    Contact us

    Bldg 2 $1.00/Mo

    Size
    3,000 SF
    Type
    Office, Industrial
    Lease: $1/SF
    Contact us

    We can help!

    Listing Contact
    Brentley Brinegar

    Listing agent Brentley Brinegar License #TX 589701

    Listing office Brinegar Properties

    Listing date Jan 3, 2023

    Source Crexi

    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 Brinegar Properties

    HighLights

    • Prime location with easy access to SH 29 and Hwy 183, offering excellent visibility and high traffic exposure.
    • Multiple buildings totaling 8,600 sq ft, providing versatile office and warehouse space.
    • Building 1 (5,600 sq ft) features potential live/work setup with apartment/office space and a spacious warehouse.
    • Building 2 (3,000 sq ft) provides additional warehouse space for storage or expansion.
    • Equipped with 3‑phase power, suitable for a variety of business needs.
    • Includes two septic systems.

    Overview

    Located at 630 W Farm to Market 243 in Bertram, TX, this property offers a combination of office and warehouse space across multiple buildings, totaling 8,600 square feet. Building 1 provides 5,600 square feet, featuring a potential live/work setup with apartment/office space and a spacious warehouse. Building 2 offers an additional 3,000 square feet of warehouse space, suitable for storage or expanding operations. The property has easy access to SH 29 and Hwy 183, providing visibility and traffic exposure. It includes 3-phase power and two septic systems. This property is available for lease or purchase and can accommodate a variety of businesses.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Bertram
    County
    Burnet
    State
    Texas
    Longitude
    -98.043
    Latitude
    30.7452

    Nearby Similar for Lease

    • $7,200/Mo
      6,000 SF

      Bertram Commercial Flex Space

      New office/warehouse flex space with high highway visibility.
      4033 E Highway 29, Bertram, TX 78605
      View Details
    • $1,650/Mo

      Versatile Commercial Space, Bertram, TX

      Updated property on corner lot, suitable for various business uses.
      352 W Vaughan Street, Bertram, TX 78605
      View Details
    • $1,447/Mo
      2,087 SF

      Bertram, TX Office Space

      Newly renovated office space available for lease in Bertram, TX.
      460 Highway 29, Bertram, TX 78605
      View Details
    • $3,475/Mo
      2,087 SF

      Newly Renovated Office Space

      Flexible office space available for lease in Bertram, TX.
      460 Highway 29, Bertram, TX 78605
      View Details
    • $2,032/Mo
      1,219 SF

      Bertram, TX Office Space

      Newly renovated office space available for lease in Bertram, TX.
      460 Highway 29, Bertram, TX 78605
      View Details
    • $1,800/Mo
      1,335 SF

      Bertram Office Space For Lease

      Prime office space with highway frontage and excellent visibility.
      326 E Hwy 29, Bertram, TX 78605
      View Details
    • $2,000/Mo
      2,000 SF

      Bertram Commercial Space For Lease

      Prime commercial lease opportunity in Bertram, Texas with excellent visibility.
      325 E Highway 29, Bertram, TX 78605
      View Details
    • $1,447/Mo
      1,219 SF

      Renovated Office Space Available

      Newly renovated office spaces for lease in Bertram, Texas.
      460 W State Highway 29, Bertram, TX, 78605-4018
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile property with office, warehouse, and live/work options.
    Where is this flex space located?
    The property is located at 630 W Farm to Market Rd 243 Bertram, TX.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: Prime location with easy access to SH 29 and Hwy 183, offering excellent visibility and high traffic exposure.; Multiple buildings totaling 8,600 sq ft, providing versatile office and warehouse space.; Building 1 (5,600 sq ft) features potential live/work setup with apartment/office space and a spacious warehouse.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brentley Brinegar
    Real Estate License ID: TX 589701
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    630 W Farm to Market Rd 243, Bertram, TX 78605
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!