Building Details

Building Size 5,426 SF

Listing Agency: Stanberry REALTORS Show Phone

Listed By: Scott Daves · License #0470497 Show Phone

Source: Exprealty

Added: Feb 10 Changed: Sep 14 Last Checked: Oct 13 at 12:12AM

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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 Stanberry REALTORS

Investment Insights

Based on property information with market context.

This flex space combines approximately 4,472 SF of warehouse area with 954 SF of finished office space within a 5,426 SF facility. Multiple mini-split HVAC systems serve both portions of the building, providing climate control for operations, inventory, equipment, and administrative areas. Five bay doors support loading and internal workflow movement. The property also includes a UV water filtration system connected to a rainwater collection system.

Located at G-14707 Fitzhugh Rd in Austin, the facility provides access to Dripping Springs and Austin. Its mix of conditioned warehouse and office improvements supports distribution, light manufacturing, trade services, storage, and other flex industrial operations.

Key Highlights

• 5,426 SF flex industrial facility with approximately 4,472 SF of warehouse space
• 954 SF of finished office space
• Five (5) bay doors for loading and access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$110,532

Cap Rate

7.95%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,210,640 $2.2M

Cap Rate 7%

$1,579,029 $1.6M

Cap Rate 9%

$1,228,133 $1.2M

Market Conditions

NOI Build-Up for 5,426 SF

Gross rent

$194.7K $35.88/SF

− Vacancy

−$47.3K −$8.72/SF

EGI

$147.4K $27.16/SF

− OpEx

−$36.8K −$6.79/SF

NOI

$110.5K $20.37/SF

Area

Austin, TX

Vacancy

24.30%

Lease Rate

$35.88 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,210,640

Cap Rate 7%

$1,579,029

Cap Rate 9%

$1,228,133

Alternative Uses

Best Use

Office B

$1.58M

$1.38M – $1.84M (±1% cap)

NOI $110,532 @ 7.0% cap · market cap 7.95%

Second Best

Warehouse

$842.2K

$736.9K – $982.5K (±1% cap)

NOI $58,951 @ 7.0% cap · market cap 4.24%

Theoretical Best

Office A

$2.13M

$1.86M – $2.48M (±1% cap)

NOI $148,839 @ 7.0% cap · market cap 10.71%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 78736, TX

10,165

Population

4,539

Households

2.2

Avg Household Size

40

Median Age

54%

College-Educated

97%

High-School Grad

22.3 sq mi

ZIP Area

456

Density / Sq Mi

$100,761

Median Household Income

$52,920

Median Earnings

$1,849

Median Rent

$556,400

Median Home Value

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019

17.1% 2020

18.7% 2021

21.8% 2022

27.1% 2023

29.8% 2024

29% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Climate-controlled flex facility combining warehouse capacity, finished offices, and multiple loading bays.

Where is this flex space located?

The property is located at G-14707 Fitzhugh Rd Austin, TX.

What is the asking price?

The asking price for this property is $1,390,000.

What are key features of this property?

This property features: 5,426 SF flex industrial facility with approximately 4,472 SF of warehouse space; 954 SF of finished office space; Five (5) bay doors for loading and access