Industrial Property for Sale in Austin, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Austin, TX 78745
  • Size: 37,970 SF

Description

The industrial property at 311 E. St. Elmo Street in Austin’s St. Elmo Arts District totals about 37,970 square feet and sits on roughly 1.58 acres. Built in 1984, the tilt‑wall structure combines approximately 25 percent office space and 75 percent warehouse space with 12 grade‑level overhead doors and suites ranging from 2,700 to 7,170 square feet. Major upgrades include an insulated TPO roof added in 2016, resurfaced asphalt and storm‑water improvements from 2018 and HVAC systems two to nine years old. The building offers 73 parking spaces and is zoned Limited Industrial.

Market Context

This industrial in Austin, TX is listed for sale across 37,970 SF. It has been on the market for 119 days. Compare it against other industrial listings for sale in Austin, TX — <a href="/search/sale/industrial/texas/austin">view the full market</a>.

As of Q1 2026, the Austin industrial market showed a 15.1% vacancy rate, average asking rents near $14.30/SF/yr, and cap rates around 7.6%. Source: Consensus Q1 2026 market report.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Industrial market FAQ

What is the typical cap rate for industrial in Austin?
About 7.6% as of Q1 2026, per Consensus.
Is the Austin industrial market tightening or softening?
Vacancy is around 15.1% (Q1 2026).

Unified Estimate

Very Low Confidence

$12.99/SF – $17.57/SF

Mid: $15.28/SF

Total estimate for 37,970 SF: $580,182

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market fort-lauderdale (similarity: 100%) with 7 comparable listings.

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