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    1034 Canyon Bend Dr Dripping Springs, TX 78620

    Sponsored
    For Sale
    $1,400,000

    4,800 SF Flex Warehouse, $1.4M

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 4,800-square-foot flex warehouse in Dripping Springs, Texas, is situated on a 2.09-acre lot and offers convenient access to Hwy 290 West. The property, built in 2003, features one single-story building with ample on-site parking. The space is currently vacant and available for immediate occupancy, with a lease commencement date of July 1, 2024. The building is zoned F-1 and includes two distinct areas. Side C-1 encompasses 3,200 square feet, including 640 square feet of air-conditioned office space with a reception area, break room, restroom, and private office. The 2,560-square-foot warehouse portion of Side C-1 is insulated but not air-conditioned, featuring two windows, three overhead doors, and two service doors. Side C-2 offers an additional 1,600 square feet of insulated warehouse space, including a restroom, windows on two sides, one overhead door, and one service door. The property is offered for sale at $1,400,000, representing a price per square foot of $291.67. The property is part of a larger condominium development with two other warehouse buildings. This presents a unique opportunity for owner-occupancy or investment. The property's APN is R194070.

    Property Features for 1034 Canyon Bend Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    4,800 SF
    Class
    B
    Lot Size
    91,040 SF

    Building Details

    Year Built
    2003
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $1,400,000 asking price for this vacant industrial property.
    • 4,800 square feet of flex/warehouse space in a single‑story, Class B building.
    • Located at 1034 Canyon Bend Dr, Dripping Springs, TX 78620, on a 2.09‑acre lot.
    • Built in 2003, with F‑1 zoning.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dripping Springs
    County
    Hays
    State
    Texas
    Longitude
    -98.024474
    Latitude
    30.1956146

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    FAQs

    What type of property is this?
    Distribution property - 4,800 SF Flex Warehouse, $1.4M
    Where is this distribution property located?
    The property is located at 1034 Canyon Bend Dr Dripping Springs, TX.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price for this vacant industrial property.; 4,800 square feet of flex/warehouse space in a single-story, Class B building.; Located at 1034 Canyon Bend Dr, Dripping Springs, TX 78620, on a 2.09-acre lot.
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    Realmo Value Estimation

    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.

    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.

    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
    1034 Canyon Bend Dr Dripping Springs, TX 78620
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