204 FM 696 - Light Manufacturing FOR SALE


Elgin, TX 78621
$1,150,000 USD
512-368-2229
204 FM 696, Elgin, TX for Sale
$1,150,000 USD
Light Manufacturing - FOR SALE
1/40
null | 6.25% Cap Rate

204 FM 696
Elgin, TX 78621


HIGHLIGHTS

  • 100% Climate Controlled
  • Single Building with Yard Space
  • Thick Pad and Rock Base for Parking

OVERVIEW

Executive Summary Secure a high-performing asset in one of Central Texas’s fastest-growing submarkets. This standalone 5,750SF industrial/flex facility offers a rare combination of turn-key passive income and functional utility. Situated on a spacious 1.431AC (per tax records), the property comes with a stable, built-in tenant in place through May 2028, making it a perfect addition to any investment portfolio or a forward-looking play for a future owner-user. Property Highlights Spacious & Fully Functional Layout: Features 5,750-SF of versatile floor space built on a heavy-duty concrete slab foundation. Climate-Controlled Operations: Equipped with insulated and fully air-conditioned/heated warehouse or workshop environments. Expansive Storage & Lay-Down Yard: The property features a fully gated and secured fenced lot with a generous yard area, offering an estimated 1 acre of direct space for heavy equipment parking, outdoor storage, or future structural expansion. Seamless Grade Loading: Features clear-span construction with two large grade-level/drive-in bay doors to handle incoming and outgoing freight efficiently. Excellent Site Access: Outside city limits (OCL zoning) with a concrete driveway and plenty of heavy-vehicle parking spaces. Infrastructure: Fully integrated with multiple restroom installations (including a multi-stall facility) and single-phase power suited perfectly for light manufacturing or flexible regional distribution. Location Advantage Strategically positioned on FM 696 in Elgin, the facility benefits from excellent regional connectivity, giving your tenant or future business seamless transportation routes straight to the Austin-Round Rock metropolitan area, Houston via Hwy 290, and nearby technological hubs. Investment Note: With industrial land and yard space carrying a premium across Central Texas, this fully fenced, single-tenant facility offers an immediate, hassle-free revenue stream with robust long-term intrinsic real estate value.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

UTILITIES

Water - City

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.43

LAND SF

62,291

ZONING

OCL

APN/PARCEL ID

117640

ASK ABOUT THIS PROPERTY

Joaquin LopezLOCAL Real Estate GroupMore Info
512-368-2229

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Joaquin LopezLOCAL Real Estate GroupMore Info
512-368-2229

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.