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Property profile & analytics
OFF-MARKET
Distribution centers

1010 Martin Rd Dripping Springs, TX 78620

3,944 SF 2.65 ac lot Built 2010
Entity Owned 5-yr Hold
Property ID
US83-2985252
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-unit industrial property ideally situated in Dripping Springs, Texas, at 1010 Martin Rd, 78620. The property encompasses 2.649 acres of land and features a mix of building types, including one approximately 2,000 square foot shop and three approximately 648 square foot storage sheds, all constructed in 2010 and 2017. The main shop boasts 12-foot ceilings, 200-amp single-phase electrical service, numerous perimeter outlets, and a restroom with a toilet, sink, and shower. Well-lit with energy-efficient T-8 fixtures, the shop also features tall overhead doors at both ends. Exterior amenities include a 30-amp camper hookup with water and an on-site septic system. A significant 10,000-gallon rainwater collection system is also in place. The three additional storage buildings are dry and offer ample space. Currently, all four units are occupied by tenants under short-term leases. The property's zoning is unlisted, and it's located outside city limits and the extraterritorial jurisdiction (ETJ) in Hays County. The land value is $6.70 per square foot, and the asking price for this fee-simple ownership is $699,900. The property offers significant potential for expansion, with ample space to add one or two more buildings or utilize the land as a construction yard.

Property profile
Verified
Property type Distribution centers
Year built 2010
Total area 3,944 SF
Lot 2.65 ac (115,390 SF)
UPID US83-2985252
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Limestone Cowgirl LLC · 5 yrs held
Limestone Cowgirl LLC
since 2021
2 recorded transactions
2026
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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