31900 Ranch Road 12

2,999 Square Feet (Buildings) / 29,600 Square Feet (Lot)

Burt Dement, Broker Associate512-689-7352

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Overview of Property

For sale is a completely restored, hill country office / retail office space now

ready to be occupied. The original hill country charm of the buildings remain,

but brand new electrical systems, HVAC, flooring, carpet, layout, and ADA

compliance accent the amazing hill country views on this scarce Hill Country

commercial property.

Strategically located on Ranch Road 12 between Dripping Springs, Bee Cave

and Belterra, the property consists of two building with four separate offices (one

did not need renovations and is under lease). Put your business in one the

spaces that fits your needs and rent the other units out to tenants!

Why should you purchase this property and move your business here?

1. Save money on rent by offsetting the cost with rent from tenants

2. Build long-term equity in rapidly growing Hill Country / Dripping Springs

area

3. Save time and say no to traffic! The average commuter into Austin

spends 250 hours per year in the car! At $100 per hour, that’s over $25K

per year wasted in your car. What’s your time worth?

Most importantly – it’s a great place to run a business!

Location of 31900 Ranch Road 12

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Specs of 31900 Ranch Road 12

Price: $649,900

Total Square Footage: Two buildings totaling 2,999 square feet on a 29,600

square foot lot.

Total # units: 4 (see below)

Price / Square Foot: $216.70

Year Built: 1989

Lot Size: 29,621

Parking: 4.67 / 1000 SF

Restoration Project: Gutted main building to its studs; Removed interior stairs and

added posterior balcony deck for upstairs for private access; Redesigned floor

plan upstairs and downstairs; Installed new electrical with separate meters;

Installed new HVAC upstairs, downstairs, and outside; New carpet downstairs

and laminate flooring upstairs; New lighting throughout main building; Painted

exterior of buildings; New insulation in attic space to cut power bills; Made ADA

compatible including paved parking spaces; Re-graveled parking lot; Cleared

out property to expose Hill Country views; Outdoor security lighting; Installed new

Hill country landscaping.

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Summary of Units & Proposed Rent Roll:

31900 Ranch Road 12 consists of 4 unique commercial units for office or retail.

Summary of Units

Unit Square Feet Description

Main (downstairs) 1,175 Ideally suited for retail or office

Main (upstairs) 941 Features open floor plan with amazing views

2nd (executive suite) 265 Small executive office or retail

2nd (office suite)* 618 Two room office suite

TOTAL 2,999 $5,200

*note currently under lease to Weaver Surveying, LLC

Below please find the proposed rental rates for the units. Note that office suite in

the main building did not need restoration is under currently under lease to

Weaver Surveying, LLC.

Proposed Rent Roll

Unit Square Feet $ / month

Main (downstairs) 1,175 $2,000

Main (upstairs) 941 $1,750

2nd (executive suite) 265 $500

2nd (office suite)* 618 $950

TOTAL 2,999 $5,200

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Why 31900 Ranch Road 12?

31900 Ranch Road 12 is the perfect opportunity for a local owner operator to

put their business at this location and rent out the remaining units. Benefits

include savings on rent, building of long-term equity in the Hill Country, and

avoiding the time, hassle, and cost associated with commuting into Austin.

Rent Saving Calculator

By occupying one of the available units and leasing out the other units, the new

owner could save a significant amount of money on rent as outlined above

(note that these numbers exclude bills):

Potential Rent Savings by Unit

UNIT FOR OWNER TO OCCUPY

Main (downstairs) Main (upstairs) 2nd (exec. Suite)

Rental Income from other units

$3,200 $3,450 $4,700

Mortgage, Taxes, & Insurance*

$4,193 $4,193 $4,193

Your Monthly ‘Rent’

$993 $743 -$507

Market Rent $2,000 $1750 $500

Monthly Rent Savings

$1,007 $1,007 $1,007

Annual Rent Savings

$12,084 $12,084 $12,084

*based on 20% down and 5.5% loan over 25 years

Building of Long-Term Equity

Own a commercial piece of properly and build equity in the fast growing Hill

Country area. Below please find the rate of equity build up assuming a 25 year

note.

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Potential Growth in Equity

Historical Growth in Population

Time Saver Calculator

The average commuter working in Austin spends about one hour per day in the

car! Over one year, that’s 10 days and 10 hours (250 hours) wasted in the car.

What’s you time worth? At $100 per hour, that’s almost $25K per year wasted in

your car!

Hours / Year Commuting Value of Your Time Total Value Wasted

250 hours $100 $25,000

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Floorplan – Main Building (Downstairs)

1,175 Square Feet (Retail or Office)

Rental Rate: $2,000 / month

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Floorplan – Main Building (Upstairs)

941 Square Feet (Office space with open floorplan and amazing

views)

Rental Rate: $1,600 to $1,800 / month

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Floorplan – 2nd Building (Executive Suite)

265 Square Feet (Office or retail)

Rental Rate: $500 / month

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Floorplan – 2nd Building (Weaver Office Suite)

618 Square Feet

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31900 Ranch Road 12 Siteplan

2,999 Square Feet Buildings / 29,600 Square Feet Lot