1911 Hydro Dr Austin, TX 78728

This Austin, Texas warehouse presents a compelling value-add investment or owner-user opportunity. Located at 1911 Hydro Dr, in Travis County, zip code 78728, this single-story, 4,500-square-foot building sits on a 0.37-acre lot. Built and renovated in 1998, the property boasts a 24-foot ceiling height and is currently vacant. The ETJ zoning allows for diverse uses, making it ideal for various businesses, including construction services (roofing, plumbing, electrical, HVAC, pest control), or a small manufacturing/fabrication shop. The asking price is $1,000,000, translating to $222.22 per square foot. The pro-forma net operating income (NOI) is $72,000, yielding a 7.20% pro-forma capitalization rate. This is a single-unit property within the Austin MSA. The property's functionality and flexibility, combined with its location and attractive financial metrics, make it a strong contender in the Austin industrial market.