112 Farm to Market Road 153, Smithville, TX for sale

Investment Overview

Sayers Real Estate Advisors has been exclusively engaged to offer the sale of the Spiradrill manufacturing facility located at 112 FM 153 in Smithville, Texas. Spanning 138,000+ square feet of total building and canopy structures on a spacious 12-acre industrial site, this multi-building asset offers a compelling blend of cash flow and value-add opportunity. Upon closing, Spiradrill, Inc. is prepared to execute a leaseback on Buildings 2–4 (38,000 SF of enclosed buildings), delivering $334,650 in Year 1 base rent plus pro rata expense pass-throughs. Additionally, the offering includes the immediate availability of Building 1 (57,296 SF), an adjacent 29,250 SF covered yard, and dedicated staging area (Yard 1), offering investors or owner-users the ability to lease up or occupy premier space fronting Hwy 71 along the FM 153 corridor. The property features heavy industrial infrastructure designed to accommodate heavy-duty overhead cranes, high-capacity electrical service, and heavy equipment capacity, the site is ideally equipped for specialized manufacturing, assembly, and industrial outdoor storage (IOS) operations within Central Texas’s rapidly expanding eastern industrial corridor.

Investment Highlights

• Strategic SH-71 Growth Corridor: Positioned directly off Highway 71 in Bastrop County—just 15 minutes to downtown Bastrop and ~35 minutes to Tesla Giga Texas, ABIA, and the Greater Austin industrial ecosystem.
• Heavy Manufacturing Infrastructure: Purpose-built facility featuring clear-span bays, crane-ready structural capabilities, high-capacity electrical service, and durable concrete flooring designed for heavy equipment operations.
• Heavy Manufacturing Infrastructure: Purpose-built facility featuring clear-span bays, crane-ready structural capabilities, high-capacity electrical service, and durable concrete flooring designed for heavy equipment operations.
• Opportunity for Immediate Cash Flow: Spiradrill, Inc. is prepared to sign a leaseback on Buildings 2-4 (40% of total enclosed building square footage).