Modern Flex Space, West Austin, Amenities Included
Lot size:
60,000 SF
Description
Added:
Dec 11, 2024
Days on Market:
392
This exceptional flex space, part of the XSpace complex, offers a unique opportunity for businesses seeking a modern and well-equipped workspace. The 60,000 square foot, single four-story building sits on 5.43 acres of land and was constructed in 2021. Three individual units are currently available, ranging from 300 to 450 square feet. Each unit benefits from all-inclusive services, including high-speed internet, water, electricity, janitorial services, landscaping, trash removal, and access to shared mail center, bathrooms, and showers on multiple floors. The building features 25'+ wide drive-up driveways, high ceilings, and a state-of-the-art fire sprinkler system. A cutting-edge HVAC system with needlepoint ionization air filtration ensures optimal temperature control and clean air quality. Tenants enjoy access to a 3,000 square foot owners' lounge with floor-to-ceiling windows, a private conference room, a commercial-grade kitchen, and a spacious mixer/lounge area. The property boasts panoramic views of Lake Travis and the Texas Hill Country from its terrace. Security features include 24/7 monitored access and a secure remote access system. The location is highly desirable, situated in West Austin's Lake Travis region, offering easy access to Downtown Austin (30 minutes), The Domain (12 miles), Westlake Hills (9 miles), Rough Hollow (8 miles), Lakeway (3 miles), and Steiner Ranch (2 miles). Nearby amenities include shopping, dining, schools, and access to Lake Travis and Lake Austin.
Property Features for 4229 Ranch Road 620
General Information
Property type
Flex space
Lease Type
Gross Lease
RSF (Rentable sq. ft)
60,000 SF
Total Rate
193200
Building Details
Year Built
2021
Buildings
1
Stories
4
Unit(s) available at that property
Space
XSpace, Unit #123
Size
434 SF
Rate per SF
$41
Space
XSpace Unit #306
Size
300 SF
Rate per SF
$49
Space
XSpace Unit #203
Size
450 SF
Rate per SF
$38
HighLights
60,000 SF flex industrial building on 5.43 acres.
Single, four‑story building constructed in 2021.
Multiple tenancies available, ranging from 300 to 450 square feet.
Amenities include 24/7 access, high ceilings, drive‑up loading, fire sprinklers, and a modern owners' lounge with a kitchen, conference room, and terrace.
All‑inclusive services: internet, water, electricity, janitorial, landscaping, trash removal, and mail center.
Located in West Austin near Lake Travis, with convenient access to Downtown Austin, The Domain, and other nearby amenities.
Flex space - Modern Flex Space, West Austin, Amenities Included
Where is this flex space located?
The property is located at 4229 Ranch Road 620 Austin, TX.
What is the lease rate?
The lease rate is $38-$49 SF/Yr.
What are key features of this property?
This property features: 60,000 SF flex industrial building on 5.43 acres.; Single, four-story building constructed in 2021.; Multiple tenancies available, ranging from 300 to 450 square feet.
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4229 Ranch Road 620 Austin, TX 78734
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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.
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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
4229 Ranch Road 620 Austin, TX 78734
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4229 Ranch Road 620, Austin, TX
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4229 Ranch Road 620, Austin, TX
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4229 Ranch Road 620, Austin, TX
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