4674 Priem LnPflugerville, TX 78660

For Sale
$14,500,000

Pflugerville, TX Flex/Warehouse Investment

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Pflugerville, Texas industrial park presents a compelling investment opportunity. The 5.05-acre site houses four single-story buildings totaling 71,137 square feet, constructed between 2004 and 2010. The buildings boast 26 grade-level loading doors and 24-foot clearance heights, offering ample space for various industrial and flex uses. Currently, the property is 67.93% occupied, with 19 sub-units ranging from 1,450 to 9,000 square feet. Seven units (35,529 square feet) are owner-occupied, providing immediate income and potential for further development. The property is strategically located at 4674 Priem Lane, just west of SH-130, providing easy access to major North Austin commercial areas and the SH 130/SH 45 interchange. The asking price is $14,500,000. The current owner operates an auto sales, painting, and repair business on-site, presenting an opportunity for an owner-user in a related industry to establish an anchor tenancy while generating rental income from existing tenants. Given the high demand for industrial space in the area and below-market rents, the property offers significant potential for increased profitability through lease-up and market-rate adjustments. Several units have been modernized with LED lighting and other improvements. Several lease renewals, expansions, and new leases are in progress. This property represents a strong investment opportunity in a thriving market.

Highlights

  • 5.05-acre industrial park in Pflugerville, TX with four single-story buildings totaling 71,137 square feet.
  • Buildings feature 26 grade-level loading doors and 24-foot clear heights, suitable for industrial and flex uses.
  • Currently 67.93% occupied with 19 sub-units (1,450 - 9,000 SF); seven owner-occupied units (35,529 SF).
  • Strategically located near SH-130 and SH 45 interchange, providing easy access to major North Austin commercial areas.
  • Asking price: $14,500,000; significant upside potential through lease-up and rent increases.

Property Details for 4674 Priem Ln

Property type
Other warehouses, Other office properties
Square Feet
71,137 SF
Buildings
4
Stories
1
Lot Size (sq. ft)
219,978 SF

Location Insight

City
Pflugerville
County
Travis
State
Texas
Latitude
30.4955211
Longitude
-97.5882288
4674 Priem Ln, Pflugerville, Texas

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4674 Priem Ln
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