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    11900 Fm 812 Del Valle, TX 78617

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    For Sale
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    11.94 Acres near COTA F1 Track

    Property Features for 11900 Fm 812

    General Information

    Property type
    Land
    Lot Size
    520,106 SF

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    Listing Contact
    Lee Cordova
    Lee Cordova

    Listing Agency: Matthews Real Estate Investment Services Dallas Listing Agent: Lee Cordova

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 11.94-acre land parcel presents a unique investment opportunity in Austin, Texas's Extra-Territorial Jurisdiction (ETJ). Its prime location directly adjacent to the Circuit of the Americas (COTA), home of the Formula 1 track, ensures unparalleled visibility and access to over 1.5 million annual event attendees. The ETJ zoning offers development flexibility, minimizing restrictions compared to city-zoned properties. This rapidly growing area benefits from proximity to major highways, Austin-Bergstrom International Airport, and significant employment hubs, including Tesla's Gigafactory. The site's high foot traffic potential, driven by COTA events and the expanding Austin metropolitan area, makes it ideal for diverse mixed-use developments, such as hotels, retail, entertainment venues, or industrial facilities. Furthermore, its strategic location near substantial ongoing developments, including the 314-acre Velocity project and a proposed $10 billion resort and business hub, underscores its long-term growth potential. The property's APN is 0348310243, and it's offered as a fee simple ownership. This is a rare chance to capitalize on Austin's booming economy and the immense draw of COTA. The property is located at 11900 FM812, Del Valle, TX 78617, in Travis County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Auto Repair Shop Hotel & Motel Auto Parts Store Gym & Fitness Center HVAC Service Storage Facility Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Del Valle
    County
    Travis
    State
    Texas
    Longitude
    -97.6551966
    Latitude
    30.1384229

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    FAQs

    What type of property is this?
    Land - 11.94 Acres near COTA F1 Track
    Where is this land located?
    The property is located at 11900 Fm 812 Del Valle, TX.
    What are key features of this property?
    This property features: 11.94-acre land parcel in Del Valle, TX, adjacent to Circuit of the Americas (COTA).; Located in Austin's Extra-Territorial Jurisdiction (ETJ), allowing for flexible development.; Strong growth area with proximity to major highways, Austin-Bergstrom International Airport, and key tech employers like Tesla's Gigafactory.
    (214) 692-2191 Call to check price and availability
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    11900 Fm 812 Del Valle, TX 78617
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lee Cordova
    Lee Cordova
    Real Estate License ID: 714883
    (214) 692-2191 (903) 316-9434 (866) 889-0550
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