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Property profile & analytics
OFF-MARKET
Warehouses

354 Wallace St Dripping Springs, TX 78620

6,000 SF Built 2013
Property ID
Property summary
AI-generated overview

This exceptional 6,000-square-foot industrial property in Dripping Springs, Texas, presents a unique investment opportunity. Located at 354 Wallace St, zip code 78620, this 2013-built structure sits on a 0.344-acre lot and offers flexible lease terms with a minimum divisible space of 3,000 square feet. The building features a 16-foot ceiling height, four drive-in doors (three 12x12 and one 16x16 automatic), and two parking spaces. The interior includes a small office and mezzanine space accessible via a staircase, ideal for administrative use or secure storage. Currently vacant, this versatile space is perfect for various uses, including storage, distribution, retail, office, or special-purpose applications. The property is zoned CS and offers build-out readiness with negotiable tenant improvements. Its prime location offers easy access to Austin, approximately 30 minutes away, making it an attractive option for businesses seeking a strategic location in a thriving community. The property's APN is 1126250700009004. This is a rare opportunity to secure a well-maintained, adaptable industrial space in a high-demand area.

Property profile
Verified
Property type Warehouses
Year built 2013
Total area 6,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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