Industrial Property for Sale in Austin, TX
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Austin, TX 78724
Description
Park 290, located in the thriving East submarket of Austin, consists of four Class A industrial buildings spanning 792,139 sq. ft. This strategically positioned project offers convenient access to Hwy 290 & TX-130 and is in close proximity to major tech manufacturers, such as Tesla and Samsung. Its advantageous location allows users to tap into multiple talented labor markets in the greater Austin metro area and benefits from premiere highway accessibility and multiple access points into the site. Park 290 provides a state-of-the-art industrial warehouse offering that caters to a wide range of users, with tenant amenities to include EV charging stations and a walking trail.
Market Context
This industrial in Austin, TX is listed for sale. It has been on the market for 148 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
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.
Contact
- Darryl Dadon · (512) 499-4953 · darryl.dadon@cbre.com
- Joe Novek · 512 499 4913 · joe.novek@cbre.com
- Olivia Reed · 512 482 5591 · olivia.reed@cbre.com
Explore this market
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