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Stand-Alone Flex Space
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801 County Road 118, Hutto, TX 78634

Industrial building with office, fenced yard, and three-phase power.

Property Size11,200 SF
Lot Size2.72 Acres
Price / SF$330.36
Days on Market54

Property Features for 801 County Road 118

General Information

Standard status Active
Size 11,200 SF
Class A
Lot size 2.72 Acres
Property subtype Industrial, Land
Lease Type NNN
Investment Type Sale/Leaseback

Warehouse & Industrial

Office Build-Out 1,745 SF
Power 400 amps
Three-Phase Power Yes
Sprinkler System No

Additional Details

Asking Price $3,700,000
Fenced Yard Yes

Building Details

Year Built 2025
Buildings 1
Tenancy Single
Building Size 11,200 SF
Listing Agency: Don Quick & Associates Inc
Listed By: Darren Quick · License #TX 443913
Source: Crexi
Added: Aug 14 Changed: Oct 3 Last Checked: Oct 5 at 4:41PM

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 Don Quick & Associates Inc

Investment Insights

Based on property information with market context.

This stand-alone flex property includes 11,200 SF of building area on 2.723 acres. The office component covers 1,745 SF and includes reception, three offices, a conference room, break room, and three restrooms. The warehouse area has 20-foot clear height along the sides, with greater height toward the center, plus 12-by-16-foot overhead doors. The building is not sprinklered and includes a fenced yard, 3-phase power, and 400 AMPS.

The property is located off University Blvd and 130 Toll in Hutto, Texas. A separate 11,975 SF stand-alone building has been engineered and designed for potential addition to the site, providing a defined expansion concept for future consideration.

Key Highlights

  • 11,200 SF stand‑alone building on 2.723 acres
  • 1,745 SF office area with reception, 3 offices, conference room, break room, and 3 restrooms
  • 20‑foot clear height along the sides, with greater height in the middle

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$267,070
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,341,400 $5.3M
Cap Rate 7%
$3,815,286 $3.8M
Cap Rate 9%
$2,967,444 $3.0M
Market Conditions
NOI Build-Up for 11,200 SF
Gross rent
$470.4K $42.00/SF
− Vacancy
−$114.3K −$10.21/SF
EGI
$356.1K $31.79/SF
− OpEx
−$89.0K −$7.95/SF
NOI
$267.1K $23.85/SF
Area
Williamson County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,341,400
Cap Rate 7%
$3,815,286
Cap Rate 9%
$2,967,444

Alternative Uses

Best Use
Office B
$3.82M
$3.34M – $4.45M (±1% cap)
NOI $267,070 @ 7.0% cap · market cap 7.22%
Second Best
Warehouse
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,759 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$4.68M
$4.10M – $5.46M (±1% cap)
NOI $327,732 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Kitchen & Bath Showroom Home Appliance Store Real Estate Agency Hair Salon Storage Facility Big Box & Wholesale Store

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

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

Demographics for 78634, TX

37,951
Population
15,322
Households
2.5
Avg Household Size
33
Median Age
35%
College-Educated
93%
High-School Grad
56.4 sq mi
ZIP Area
673
Density / Sq Mi
$111,227
Median Household Income
$52,649
Median Earnings
$2,024
Median Rent
$334,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial building with office, fenced yard, and three-phase power.
Where is this flex space located?
The property is located at 801 County Road 118 Hutto, TX.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: 11,200 SF stand‑alone building on 2.723 acres; 1,745 SF office area with reception, 3 offices, conference room, break room, and 3 restrooms; 20‑foot clear height along the sides, with greater height in the middle
(512) 255-3000 Call to check price and availability
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