Industrial Flex Building For
For Sale
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1008 Carlos G Parker Blvd SW, Taylor, TX 76574
29,694 SF industrial flex building on 5.636 acres.
Property Size29,694 SF
Lot Size5.64 Acres
Price / SF$111.13
Days on Market1254
Property Features for 1008 Carlos G Parker Blvd SW
General Information
Standard status
Active
Size
29,694 SF
Class
B
Lot size
5.64 Acres
Property subtype
Industrial
Zoning
M-2
Lease Type
NNN
Building Details
Year Built
2000
Units
1
Listing Agency:
Don Quick & Associates Inc
Listed By:
Darren Quick · License #TX 443913
(512) 514-1820
Source:
Crexi
Added: May 25, 2023
Changed: Oct 25
Last Checked: Oct 28 at 6:25AM
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
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Investment Insights
Based on property information with market context.
This property features a metal industrial flex building with approximately 29,694 square feet of space, situated on a 5.636-acre site. The property is zoned M-2 (Heavy Industrial). The building's interior is primarily equipped with HVAC and includes flexible spaces suitable for potential lab use. It features two grade-level overhead doors, each measuring approximately 9.6 feet by 7.6 feet. The front facade of the building has been upgraded with masonry veneer. A new roof was installed in 2022.
Key Highlights
- Large 29,694 sq ft metal industrial flex building
- M‑2 (Heavy Industrial) zoning on 5.636 acres
- Mostly HVAC interior suitable for lab or flex space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$265,682
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,313,640
$5.3M
Cap Rate 7%
$3,795,457
$3.8M
Cap Rate 9%
$2,952,022
$3.0M
Market Conditions
NOI Build-Up for 29,694 SF
Gross rent
$441.8K $14.88/SF
− Vacancy
−$62.3K −$2.10/SF
EGI
$379.5K $12.78/SF
− OpEx
−$113.9K −$3.83/SF
NOI
$265.7K $8.95/SF
Area
Williamson 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 Rate 5%
$5,313,640
Cap Rate 7%
$3,795,457
Cap Rate 9%
$2,952,022
Alternative Uses
Best Use
Industrial
$3.80M
$3.32M – $4.43M
NOI $265,682 @ 7.0% cap · market cap 8.05%
Second Best
Flex RnD
$3.52M
$3.08M – $4.11M
NOI $246,705 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$12.41M
$10.86M – $14.48M
NOI $868,899 @ 7.0% cap · market cap 26.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
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Demand for This Use
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Business Placement
Demographics for 76574, TX
19,366
Population
8,458
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
86%
High-School Grad
149.0 sq mi
ZIP Area
130
Density / Sq Mi
$72,805
Median Household Income
$40,994
Median Earnings
$1,167
Median Rent
$252,000
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 29,694 SF industrial flex building on 5.636 acres.
Where is this flex space located?
The property is located at 1008 Carlos G Parker Blvd SW Taylor, TX.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Large 29,694 sq ft metal industrial flex building; M‑2 (Heavy Industrial) zoning on 5.636 acres; Mostly HVAC interior suitable for lab or flex space
