Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2703 Commerce St Marble Falls, TX 78654

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial warehouse space for lease with convenient access to highways.

    Type:Industrial
    Property size:
    7,500 SF
    Added:
    Jun 27, 2024
    Days on Market:
    667
    Last Refresh:
    Mar 17 at 1:21 pm

    Property Features for 2703 Commerce St

    General Information

    Standard status
    Active
    Size
    7,500 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1994

    Spaces For Lease

    at 2703 Commerce St Contact us

    Suite 205 $12 /Mo

    Size
    1,450 SF
    Type
    Industrial
    1,450 SF open warehouse space featuring two grade-level doors and one private restroom.
    Contact us

    Suite 202 $12 /Mo

    Size
    1,500 SF
    Type
    Industrial
    2703 Commerce Street is a 7,500 SF Industrial Warehouse in the Central Texas Area...
    show more
    Contact us

    Suite 203 $12 /Mo

    Size
    1,625 SF
    Type
    Industrial
    1,625 SF open warehouse space featuring two grade-level doors and one private restroom.
    Contact us

    We can help!

    Listing Contact
    Carson Byrd

    Listing agent Carson Byrd License #824413

    Listing office Llano Realty Partners

    Listing date Jun 27, 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 Llano Realty Partners

    Overview

    Industrial Warehouse Space Available

    The property at 2703 Commerce Street is a 7,500 square foot industrial warehouse located in Marble Falls, Texas, within the Central Texas Area submarket. Currently, 1,500 to 4,575 square feet of space is available for lease. The property features grade-level loading and private restrooms. Its location provides quick access to US-281 and FM 1431.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    • Aladdin Self Storage — 2955 US-281, Marble Falls, TX 78654
    • Thibodeaux Self Storage — 2901 W Oak Ridge Dr, Marble Falls, TX 78657

    Map

    City
    Marble Falls
    County
    Llano
    State
    Texas
    Longitude
    -98.2219
    Latitude
    30.5925

    Nearby Similar for Lease

    • Contact for pricing

      Remodeled Commercial Space on Highway

      High-visibility Marble Falls commercial space, move-in ready and recently updated.
      2000 N US Highway 281, Marble Falls, TX 78654
      View Details
    • Contact for pricing

      Office Space in Marble Falls

      Professional office space available for rent in Marble Falls, TX.
      1800 Mormon Mill Road, Marble Falls, TX 78654-0000
      View Details
    • Contact for pricing

      Spacious Storage Unit Available

      625 sq ft storage unit for equipment or inventory.
      1007 Avenue K, Marble Falls, TX 78654
      View Details
    • $15/mo

      Retail Space on Highway 281

      Retail space in Marble Falls with highway visibility.
      2508 N Highway 281, Marble Falls, TX
      View Details
    • $8/mo

      Industrial Building in Marble Falls

      4,863 SF industrial building with showroom and warehouse space.
      1602 FM 1431, Marble Falls, TX
      View Details
    • Contact for pricing

      New Retail Space Available

      Class A retail space near new residential and medical developments.
      1840 S Us Hwy 281, Marble Falls, TX
      View Details
    • Contact for pricing

      Medical Office Space in Marble Falls

      Medical outpatient space available for lease in Marble Falls, TX.
      104 Max Starcke Dam Rd, Marble Falls, TX
      View Details
    • Contact for pricing

      Warehouse Space in Marble Falls

      Warehouse space available for lease in Marble Falls, Texas.
      0 Highway 281 N, Marble Falls, TX
      View Details
    • Contact for pricing

      Marble Falls Retail/Restaurant/Medical Space

      6,000 SF retail, restaurant, and medical space for lease.
      1840 US-281, Marble Falls, TX 78654
      View Details
    • Contact for pricing

      Class A Retail Space Available

      Prime retail space in Marble Falls' Webster Crossing Center.
      1400 FM 1431, Marble Falls, TX
      View Details
    • Contact for pricing

      Highway 281 Office Space Available

      Office space with highway visibility and access in Marble Falls.
      1515 N US Hwy 281, Marble Falls, TX
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Marble Falls, Texas.
      809 12th St, Marble Falls, TX 78654
      View Details

    FAQs

    What type of property is this?
    Warehouse - Industrial warehouse space for lease with convenient access to highways.
    Where is this warehouse located?
    The property is located at 2703 Commerce St Marble Falls, TX.
    What are key features of this property?
    This property features: 1,500 - 4,575 SF currently available.; 7,500 SF Industrial Warehouse.; Located in Marble Falls, TX (Central Texas Area submarket).
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Carson Byrd
    Real Estate License ID: 824413
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!