Flex Space with Six
For Sale
$375,000
1056 Market Heights, New Braunfels, TX 78132
COMMERCIAL - New Braunfels, TX
Property Size4,400 SF
Lot Size0.42 Acres
Price / SF$85.23
Days on Market99
Property Features for 1056 Market Heights
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Comm
Parking features
Driveway
Subdivision
Sattler Village 7
Lot features
Level, Mature Trees, Outside City Limits, Quarter To Half Acre Lot
Elementary school district
Comal ISD
Middle school district
Comal ISD
High school district
Comal ISD
Directions
Turn off FM 2673 onto River Rd then right onto Market Heights. Building is on the right.
Standard status
Active
APN
54972
Size
4,400 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SATTLER VILLAGE 7, LOT 80, LIFE ESTATE LIFE ESTATE
Tax Annual Amount
4351
Legal Description
SATTLER VILLAGE 7, LOT 80, LIFE ESTATE LIFE ESTATE
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Central Air, Electric
Building Details
Year built
1995
Floors in Building
1
Flooring type
Concrete, Carpet
Building materials
MetalFrame
Roof type
Metal
Listing Agency:
JPAR - Plano
(972) 836-9295
Listed By:
Donna Renken · License #0196427
(210) 601-3493
Added: Apr 24
Changed: Jul 12
Last Checked: Jul 31 at 9:06PM
MLS# 611774
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This flex-style commercial building is designed for adaptable use, with six separate rooms inside along with a small kitchen and bathroom. It previously served in multiple capacities, including as a garage, antique store, storage space, and for housing antique vehicles, giving it a layout that can support a variety of business setups.
The property is located just half a block off River Road, with the seller noting higher seasonal traffic during the summer months. While the mailing address is New Braunfels, the property is situated in Sattler, offering convenient access to nearby businesses, banks, and local amenities.
The offering includes approximately 4,400 square feet on 0.4242 acres, under Comm zoning.
The property is located just half a block off River Road, with the seller noting higher seasonal traffic during the summer months. While the mailing address is New Braunfels, the property is situated in Sattler, offering convenient access to nearby businesses, banks, and local amenities.
The offering includes approximately 4,400 square feet on 0.4242 acres, under Comm zoning.
Key Highlights
- Metal‑frame building built in 1995 with a metal roof and six separate rooms
- Previously used for a garage, antique store, storage, and antique vehicle use—suited for varied business setups
- Includes a small kitchen and bathroom inside the building
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.6k | $9.00 |
| − Vacancy | −$2.0k | −$0.45 |
| EGI | $37.6k | $8.55 |
| − OpEx | −$5.6k | −$1.28 |
| NOI | $32.0k | $7.27 |
4,400 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$661.9K
$579.2K – $772.2K
NOI $46,332 @ 7.0% cap · market cap 12.36%
Second Best
Warehouse
$456.8K
$399.7K – $533.0K
NOI $31,977 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$1.12M
$982.1K – $1.31M
NOI $78,566 @ 7.0% cap · market cap 20.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
361
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78132, TX
37,475
Population
15,356
Households
2.4
Avg Household Size
43
Median Age
53%
College-Educated
96%
High-School Grad
179.3 sq mi
ZIP Area
209
Density / Sq Mi
$126,934
Median Household Income
$63,870
Median Earnings
$1,531
Median Rent
$570,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flex building with six separate rooms plus a small kitchen and bathroom for adaptable retail, office, workshop, or warehouse use.
Where is this flex space located?
The property is located at 1056 Market Heights New Braunfels, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Metal‑frame building built in 1995 with a metal roof and six separate rooms; Previously used for a garage, antique store, storage, and antique vehicle use—suited for varied business setups; Includes a small kitchen and bathroom inside the building