Climate-Controlled
For Sale
$2,300,000
7-14510 Fitzhugh Rd, Austin, TX 78736
New construction combines an open interior with insulated finishes, natural light, and two restrooms for flexible commercial use.
Property Size8,356 SF
Price / SF$275.25
Days on Market325
Property Features for 7-14510 Fitzhugh Rd
General Information
Standard status
Active
Size
8,356 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
8,356 SF
Conditioned Warehouse
Yes
Building Details
Buildings
1
Building Size
8,356 SF
Listing Agency:
Douglas Elliman Real Estate
(512) 866-3795
Listed By:
Lindsey Fenton · License #655757
(512) 839-5137
Source:
Exprealty
Added: Oct 13, 2025
Changed: Aug 31
Last Checked: Sep 2 at 12:12AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
Building 7 is a newly constructed warehouse comprising 8,356 square feet of open commercial space. The interior is climate-controlled, insulated, and painted, with two restrooms and broad glass frontage that brings natural light into the building. The open configuration can accommodate customized build-outs.
The property sits between Austin and Dripping Springs with direct access to Highway 290. Buildings 7 and 8 are positioned side by side and can be combined for a total of 18,752 square feet, providing an expanded configuration for larger space requirements.
The property sits between Austin and Dripping Springs with direct access to Highway 290. Buildings 7 and 8 are positioned side by side and can be combined for a total of 18,752 square feet, providing an expanded configuration for larger space requirements.
Key Highlights
- 8,356 square feet in Building 7
- Climate‑controlled, insulated, and painted interior
- Two restrooms included
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
$90,785
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
3.95%
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%
$1,815,700
$1.8M
Cap Rate 7%
$1,296,929
$1.3M
Cap Rate 9%
$1,008,722
$1.0M
Market Conditions
NOI Build-Up for 8,356 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
$124.3K $14.88/SF
− Vacancy
−$17.5K −$2.10/SF
EGI
$106.8K $12.78/SF
− OpEx
−$16.0K −$1.92/SF
NOI
$90.8K $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%
$1,815,700
Cap Rate 7%
$1,296,929
Cap Rate 9%
$1,008,722
Alternative Uses
Best Use
Warehouse
$1.30M
$1.13M – $1.51M
NOI $90,785 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.27M
$2.87M – $3.82M
NOI $229,211 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
93
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78736, TX
10,165
Population
4,539
Households
2.2
Avg Household Size
40
Median Age
54%
College-Educated
97%
High-School Grad
22.3 sq mi
ZIP Area
456
Density / Sq Mi
$100,761
Median Household Income
$52,920
Median Earnings
$1,849
Median Rent
$556,400
Median Home Value
Market
Vacancy Rate% for Industrial in Austin, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Gearspace Premium Garage Condos — 14714 Fitzhugh Rd, Austin, TX 78736
- Fitzhugh Storage Facility — 15210 Fitzhugh Rd, Austin, TX 78736
Frequently Asked Questions
What type of property is this?
Warehouse - New construction combines an open interior with insulated finishes, natural light, and two restrooms for flexible commercial use.
Where is this warehouse located?
The property is located at 7-14510 Fitzhugh Rd Austin, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 8,356 square feet in Building 7; Climate‑controlled, insulated, and painted interior; Two restrooms included
