Two-Unit Flex Space with
For Sale
$1,795,000
8-10020 Darden Hills Rd, Austin, TX 78737
New business park space combines climate-controlled warehouse areas with dedicated office components and on-site parking.
Property Size7,500 SF
Price / SF$239.33
Days on Market59
Property Features for 8-10020 Darden Hills Rd
General Information
Standard status
Active
Size
7,500 SF
Total Parking Spaces
10
Warehouse & Industrial
Warehouse Space
5,000 SF
Office Build-Out
2,500 SF
Mezzanine
2,500 SF
Conditioned Warehouse
Yes
Building Details
Buildings
1
Building Size
7,500 SF
Listing Agency:
Stanberry REALTORS
(512) 894-3488
Listed By:
Scott Daves · License #0470497
(512) 415-2265
Source:
Exprealty
Added: Aug 17
Changed: Oct 4
Last Checked: Oct 13 at 1:33AM
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 Stanberry REALTORS
Investment Insights
Based on property information with market context.
This flex property is arranged as a two-unit office and warehouse building within a new Warehouse Business Park. Each unit includes 1,250 square feet of mezzanine office space and 2,500 square feet of warehouse area, with HVAC serving both components for year-round climate control. The layout supports businesses needing a combination of administrative and operational space under one roof.
Ten dedicated parking spaces serve the property. Sustainability features include two 2,500-gallon rainwater collection tanks on-site. The property is located at 8-10020 Darden Hills Rd in Austin, with proximity to both Austin and Dripping Springs.
Ten dedicated parking spaces serve the property. Sustainability features include two 2,500-gallon rainwater collection tanks on-site. The property is located at 8-10020 Darden Hills Rd in Austin, with proximity to both Austin and Dripping Springs.
Key Highlights
- Two‑unit flex building with 1,250 SF of mezzanine office space and 2,500 SF of warehouse space per unit
- HVAC serves both the office and warehouse areas
- 10 dedicated parking spaces included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,782
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,055,640
$3.1M
Cap Rate 7%
$2,182,600
$2.2M
Cap Rate 9%
$1,697,578
$1.7M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$269.1K $35.88/SF
− Vacancy
−$65.4K −$8.72/SF
EGI
$203.7K $27.16/SF
− OpEx
−$50.9K −$6.79/SF
NOI
$152.8K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,055,640
Cap Rate 7%
$2,182,600
Cap Rate 9%
$1,697,578
Alternative Uses
Best Use
Office B
$2.18M
$1.91M – $2.55M
NOI $152,782 @ 7.0% cap · market cap 8.51%
Second Best
Warehouse
$1.16M
$1.02M – $1.36M
NOI $81,485 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,730 @ 7.0% cap · market cap 11.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78737, TX
20,996
Population
8,895
Households
2.4
Avg Household Size
41
Median Age
64%
College-Educated
99%
High-School Grad
36.4 sq mi
ZIP Area
577
Density / Sq Mi
$164,066
Median Household Income
$86,900
Median Earnings
$2,176
Median Rent
$689,200
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - New business park space combines climate-controlled warehouse areas with dedicated office components and on-site parking.
Where is this flex space located?
The property is located at 8-10020 Darden Hills Rd Austin, TX.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Two‑unit flex building with 1,250 SF of mezzanine office space and 2,500 SF of warehouse space per unit; HVAC serves both the office and warehouse areas; 10 dedicated parking spaces included
