Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Pflugerville Land with Renovated Office Title is generated by Realmo AI

    20501 FM 685, Pflugerville, TX 78660

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    5.03 acres with renovated office and garage/storage structure.

    Type:Land, Office, Retail
    Property size:
    2,481 SF
    Lot size:
    5.03 Acres
    Added:
    Feb 9, 2024
    Days on Market:
    849
    Last Refresh:
    May 12 at 8:09 pm

    Property Features for 20501 FM 685

    General Information

    Standard status
    Active
    Size
    2,481 SF
    Lot size
    5.03 Acres
    Property subtype
    Land, Office, Retail

    Building Details

    Year Built
    1985

    We can help!

    Listing Contact
    Jeffrey Slanker

    Listing agent Jeffrey Slanker License #TX 617990

    Listing office Keller Williams Realty Austin

    Listing date Feb 9, 2024

    Source Crexi

    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 Keller Williams Realty Austin

    HighLights

    • 5.03‑acre parcel zoned for General Business 2 (GB2) use, allowing for a wide range of commercial and industrial activities.
    • Strategic location adjacent to FM 685 and visible from the 130 toll road, providing excellent visibility and accessibility.
    • Newly renovated 2,481 square foot office building on the property.
    • Detached two‑bay garage or storage structure included.
    • Easy access to major thoroughfares including US 183 and SH‑45.
    • Permitted uses include wholesale businesses, contractor shops, mini‑storage facilities, and major automotive repair.

    Overview

    Located at 20501 Farm to Market 685 in Pflugerville, Texas, this property features a 5.03-acre parcel zoned for General Business 2 use. The site includes a newly renovated 2,481 square foot office building and a detached two-bay garage or storage structure. The property is positioned adjacent to FM 685 and is visible from the 130 toll road, providing access to US 183 and SH-45. The General Business 2 zoning allows for various commercial activities, including wholesale businesses, contractor shops, mini-storage facilities, and major automotive repair.
    Location Intelligence

    Current Use by Public Records

    Austin Gardeners, LLC Landscaping

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Pflugerville
    County
    Travis
    State
    Texas
    Longitude
    -97.5821015
    Latitude
    30.4886561

    Nearby Similar for Sale

    • $2,500,000
      3,277 SF

      Pflugerville Restaurant - Turnkey Opportunity

      Thriving restaurant in Pflugerville, Texas with equipment and prime location.
      1005 Pecan St, Pflugerville, TX 78660
      View Details
    • $7,000,000
      14,455 SF

      Stabilized Retail Center in Pflugerville

      Fully leased retail center with long-term tenants and annual rent increases.
      18817 N Heatherwilde Blvd, Pflugerville, TX 78660
      View Details
    • $4,500,000
      2,481 SF

      20501 Farm to Market 685, Pflugerville, TX 78660

      5.03 acres with renovated office building and garage.
      20501 Pflugerville Tx 78660, Pflugerville, TX 78660
      View Details
    • $4,900,000

      Commercial Automotive Facility on Highway

      Prime commercial property with high visibility and established automotive use.
      15212 Fm-1825, Pflugerville, TX 78660
      View Details
    • $3,500,000

      Commercial Land with Long Retail Frontage

      19-acre commercial assemblage on Kelly Lane offering 500+ feet of retail and commercial frontage for development or investment.
      3311 Kelly Lane, Pflugerville, TX 78660
      View Details
    • $2,650,000
      12,020 SF

      Industrial Warehouse Building

      Industrial warehouse building for sale with convenient access to major highways near IH-35 and SH-130.
      13505 Immanuel Road, Pflugerville, TX 78660
      View Details
    • $365,000
      850 SF

      Finished Office Unit For Sale

      Ready-to-occupy office unit with four offices and reception area.
      1009 W Pecan St 103, Pflugerville, TX 78660
      View Details
    • $530,000
      1,552 SF

      Pflugerville Office Building with Units

      Office building in Pflugerville with high visibility and accessibility.
      1433 Grand Ave Pkwy, Pflugerville, TX
      View Details
    • $506,500

      Pflugerville Land Near Samsung Plant

      1.3299-acre site near Samsung plant with development opportunities.
      2428 Rowe Ln, Pflugerville, TX 78660
      View Details
    • $5,000,000
      13,942 SF

      Pflugerville Retail/Office Investment Opportunity

      Multi-tenant retail/office center with redevelopment potential on 2 acres.
      1620 Grand Ave Pkwy, Pflugerville, TX 78660
      View Details
    • $1,749,000
      6,600 SF

      Pflugerville Flex Space with Yard

      6,600 SF flex space with fenced yard in Pflugerville.
      13621 Immanuel Rd, Pflugerville, TX
      View Details
    • $3,150,000
      12,000 SF

      Dessau Business Park Warehouse/Office

      Warehouse/office space available in Dessau Business Park.
      13400 Immanuel Rd, Pflugerville, TX 78660
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.03 acres with renovated office and garage/storage structure.
    Where is this commercial land located?
    The property is located at 20501 FM 685 Pflugerville, TX.
    What are key features of this property?
    This property features: 5.03‑acre parcel zoned for General Business 2 (GB2) use, allowing for a wide range of commercial and industrial activities.; Strategic location adjacent to FM 685 and visible from the 130 toll road, providing excellent visibility and accessibility.; Newly renovated 2,481 square foot office building on the property.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeffrey Slanker
    Real Estate License ID: TX 617990
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    20501 FM 685, Pflugerville, TX 78660
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!