Storefront Retail
For Sale
$550,000
106 N Austin Street, Seguin, TX 78155
CommercialSale, Seguin, TX
Property Size2,750 SF
Lot Size0.06 Acres
Price / SF$200
Days on Market1056
Property Features for 106 N Austin Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HDCOM
Subdivision
Inner
Lot features
City Lot, Less Than Quarter Acre
Elementary school district
Seguin ISD
Middle school district
Seguin ISD
High school district
Seguin ISD
Directions
From I 10 exit 123 Business (aka Austin Street) proceed south to approximately 2 miles and the building will be on the right one block north of the Big Pecan.
Standard status
Active
APN
28097
Size
2,750 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
LOT: 5,6 N 27' OF; 4" X 100' OF 3,4 BLK: 185 ADDN: INNER
Legal Description
LOT: 5,6 N 27' OF; 4" X 100' OF 3,4 BLK: 185 ADDN: INNER
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric, Central Air
Water source
Public
Amenities
large display windows
upstairs storage
Building Details
Year built
1930
Floors in Building
2
Flooring type
Hardwood, Wood
Building materials
Brick
Listing Agency:
D Lee Edwards Realty, Inc
(830) 620-7653
Listed By:
D. Lee Edwards · License #0435290
(830) 708-2319
Added: Oct 10, 2023
Changed: Aug 20
Last Checked: Aug 30 at 6:06PM
MLS# 523574
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 2,750-square-foot storefront retail property occupies a brick building constructed in 1930. Large display windows orient the shop toward passing traffic, while the upper level provides storage. Hardwood and wood flooring contribute to the existing interior character, and central heating with electric central air supports year-round use. Public water and public sewer serve the property.
The building is positioned within Seguin’s Downtown Historic District, one block from the County Courthouse and City Hall. The surrounding area includes established businesses and experiences substantial downtown traffic. HDCOM zoning applies to the 0.0629-acre property.
The building is positioned within Seguin’s Downtown Historic District, one block from the County Courthouse and City Hall. The surrounding area includes established businesses and experiences substantial downtown traffic. HDCOM zoning applies to the 0.0629-acre property.
Key Highlights
- 2,750‑square‑foot storefront retail space
- Large display windows oriented toward passing traffic
- Upper‑level storage area included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,812
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,240
$736.2K
Cap Rate 7%
$525,886
$525.9K
Cap Rate 9%
$409,022
$409.0K
Market Conditions
NOI Build-Up for 2,750 SF
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.
Gross rent
$54.8K $19.92/SF
− Vacancy
−$2.2K −$0.80/SF
EGI
$52.6K $19.12/SF
− OpEx
−$15.8K −$5.74/SF
NOI
$36.8K $13.39/SF
Area
Guadalupe County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$736,240
Cap Rate 7%
$525,886
Cap Rate 9%
$409,022
Alternative Uses
Best Use
Retail
$525.9K
$460.2K – $613.5K
NOI $36,812 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$721.3K
$631.1K – $841.5K
NOI $50,490 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78155, TX
51,772
Population
21,791
Households
2.4
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
355.5 sq mi
ZIP Area
146
Density / Sq Mi
$71,367
Median Household Income
$38,985
Median Earnings
$1,149
Median Rent
$246,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Maldonado nursery. — Seguin, TX 78155
- Moss and Willow — 315 N Austin St, Seguin, TX 78155
Frequently Asked Questions
What type of property is this?
Storefront property - Downtown storefront with display glazing, upper-level storage, and a former boutique layout.
Where is this storefront property located?
The property is located at 106 N Austin Street Seguin, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,750‑square‑foot storefront retail space; Large display windows oriented toward passing traffic; Upper‑level storage area included
