Modern Flex Industrial
For Sale
Contact for pricing
Pending
3300 Dacy Ln #1004, Kyle, TX 78640
New flex industrial condo in Kyle, Texas, near IH35.
Property Size1,200 SF
Days on Market675
Property Features for 3300 Dacy Ln #1004
General Information
Standard status
Pending
Size
1,200 SF
Class
B
Property subtype
Industrial
Zoning
ETJ
Investment Type
Owner/User
Building Details
Year Built
2024
Buildings
1
Stories
1
Units
1
Listing Agency:
Total Realty Texas
(512) 825-1902
Listed By:
Sam Lee · License #TX 688454
Source:
Crexi
Added: Oct 26, 2024
Changed: Aug 8
Last Checked: Aug 31 at 6:20AM
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 Total Realty Texas
Investment Insights
Based on property information with market context.
Dacy Business Park is a new, modern, gated flex industrial condo development situated in the rapidly developing south Austin community of Kyle, Texas, with convenient access to IH35 along the San Antonio, Austin, and Dallas corridor. The park comprises 13 buildings, totaling 137,550 square feet of flexible and affordable commercial space. Individual buildings are divided into small bays ranging from 1,200 to 12,000 square feet, offering contractors, entrepreneurs, and startup companies the flexibility to occupy the space they require. Move-in-ready options are available, tailored to business, storage, or hobby needs. The listed property is a 1,200 square foot unit with an air-conditioned office and bathroom, presenting an opportunity for investors and business owners.
Key Highlights
- Brand new, modern flex industrial condo in a gated development.
- Located in fast‑growing Kyle, Texas, near IH35.
- Opportunity for ownership, avoiding rent increases.
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
$10,737
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
2.98%
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%
$214,740
$214.7K
Cap Rate 7%
$153,386
$153.4K
Cap Rate 9%
$119,300
$119.3K
Market Conditions
NOI Build-Up for 1,200 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
$17.9K $14.88/SF
− Vacancy
−$2.5K −$2.10/SF
EGI
$15.3K $12.78/SF
− OpEx
−$4.6K −$3.83/SF
NOI
$10.7K $8.95/SF
Area
Hays County, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
30.00%
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%
$214,740
Cap Rate 7%
$153,386
Cap Rate 9%
$119,300
Alternative Uses
Best Use
Industrial
$153.4K
$134.2K – $179.0K
NOI $10,737 @ 7.0% cap · market cap 2.98%
Second Best
Flex RnD
$142.4K
$124.6K – $166.2K
NOI $9,970 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$501.6K
$438.9K – $585.2K
NOI $35,114 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
124
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78640, TX
64,539
Population
25,236
Households
2.6
Avg Household Size
33
Median Age
29%
College-Educated
87%
High-School Grad
89.6 sq mi
ZIP Area
720
Density / Sq Mi
$88,533
Median Household Income
$45,439
Median Earnings
$1,572
Median Rent
$291,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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 flex industrial condo in Kyle, Texas, near IH35.
Where is this flex space located?
The property is located at 3300 Dacy Ln #1004 Kyle, TX.
What is the asking price?
The asking price for this property is $359,998.
What are key features of this property?
This property features: Brand new, modern flex industrial condo in a gated development.; Located in fast‑growing Kyle, Texas, near IH35.; Opportunity for ownership, avoiding rent increases.
