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26465727
26465726

1305 Pace Bend Rd N, Spicewood, TX 78669 For Sale

BB
TX 575641, TX
VERSAL - Bellomy
VERSAL - Bellomy
HH
CA CA 01351744
VERSAL - Bellomy
LF
TX 797941
VERSAL - Bellomy
VERSAL - Bellomy
Listed by VERSAL - Bellomy
Unpriced
331 days on market
Updated 171 days ago

Austin Lakeside Boat & RV Storage

Details
APN 158125
Property Type Office
Sub Type Executive Office
Square Footage 57,715
Units 115
NOI $190,771
Occupancy 89%
Pro-Forma NOI $317,560
Price per SqFt $7
Class A
Year Built 2016
Buildings 10
Acreage 7.960
Parking Spaces 114 spaces
Parking per 1,000 SqFt 1.98

Office | 57,715 SqFt

Marketing description

Austin Lakeside Boat & RV Storage is located in Spicewood, Texas. Spicewood is less than an hour west of Austin in the Texas Hill Country.

The property includes 73 enclosed parking spaces, 38 covered parking spaces, and 1 office space for a total of 57,715 NRSF. It also includes three uncovered parking spaces. The facility is currently 89% occupied and has had consistently strong leasing demand since opening in 2016.

The property includes space for expansion potential if a future owner wishes to increase the total square footage of the facility.

Austin Lakeside is 2.5 miles from the popular Pace Bend Park with boat ramp access to Lake Travis. It is also only 3.2 miles from State Highway 71 and 20 miles from downtown Austin. A 5-mile radius around the property includes a population of 19,565 with an average household income of $177,945.

Construction highlights include class “A” metal and steel construction, concrete drives, perimeter fencing, gated keypad access, exterior lighting, and ample security features. A portion of the on-site office space is currently leased to a tenant.

Please contact Versal for pricing guidance.

Investment highlights

  • Spicewood, TX
  • 19,565 Population Within 5 Miles
  • $177,945 Average Household Income Within 5 Miles
  • 2.5 Miles from Pace Bend Park / Boat Ramp
  • 3.2 Miles from State Highway 71
  • 20 Miles from Downtown Austin
  • Contact Versal for Pricing
  • Enclosed & Covered Parking
  • Expansion Room, 89% Occupied
  • 115 Units, 57,715 NRSF
  • On-Site Office
  • Concrete Drives, Class A Construction
  • Market adjustments NOI: $190,771
  • 2025 Actual: $146,943

Listing Contacts

BB
TX 575641, TX
VERSAL - Bellomy
VERSAL - Bellomy
HH
CA CA 01351744
VERSAL - Bellomy
LF
TX 797941
VERSAL - Bellomy
VERSAL - Bellomy
Listed by VERSAL - Bellomy

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$190,771.00
$15,897.58/mo

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