Canyon Lake Commercial Property For
180 Spring Mountain Drive Canyon Lake, TX 78133
180 Spring Mountain Drive, Canyon Lake, TX, 78133
$1,299,900
For Sale
$1,299,900
COMMERCIAL - Canyon Lake, TX
Property Size8,982 SF
Lot Size1.58 Acres
Price / SF$144.72
Days on Market463
Property Features for 180 Spring Mountain Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Oversize, Garage
- Standard status
- Active
- APN
- 77837
- Size
- 8,982 SF
- Lot size
- 1.58 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- A-388 SUR- 19 W J MILLS, ACRES 1.579
- Tax Annual Amount
- 15259
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
Building Details
- Year built
- 2008
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- MetalFrame, MetalSiding
- Roof type
- Metal
Listing agency
Anders Pierce Realty, LLC
(830) 214-6002
Listed by
Matthew Pierce · License #0565292
(512) 757-6224
Added: Apr 16, 2025 Updated: Jun 1 at 10:30AM Checked: Jul 22 at 6:06PM
MLS# 576494
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 commercial property is located in the New Braunfels area and is suited for distribution, logistics, or industrial operations. The property is situated on 1.579 acres and includes an 8,440 sq. ft. metal building designed to support administrative and operational needs. The building features six office spaces and nine high-clearance overhead doors for loading, unloading, and warehouse functionality. The property also includes expansive yard space, employee parking, and on-site shipping container storage. The property is suitable for businesses looking to expand or relocate.
Key Highlights
- Prime location in the thriving New Braunfels area, ideal for distribution, logistics, or industrial operations.
- 8,440 sq. ft. metal building designed for administrative and operational needs.
- Nine high‑clearance overhead doors for seamless loading, unloading, and warehouse functionality.
Local 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 | $80.8k | $9.00 |
| − Vacancy | −$4.0k | −$0.45 |
| EGI | $76.8k | $8.55 |
| − OpEx | −$11.5k | −$1.28 |
| NOI | $65.3k | $7.27 |
8,982 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$932.5K
$816.0K – $1.09M
NOI $65,277 @ 7.0% cap · market cap 5.02%
Second Best
Industrial
$768.0K
$672.0K – $896.0K
NOI $53,757 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$2.29M
$2.00M – $2.67M
NOI $160,381 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
Similar Off Market Nearby
- CubeSmart Self Storage — 13825 FM306, Canyon Lake, TX 78133
FAQs
What type of property is this?
Warehouse - Commercial property in New Braunfels area, ideal for distribution, logistics.
Where is this warehouse located?
The property is located at 180 Spring Mountain Drive Canyon Lake, TX.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Prime location in the thriving New Braunfels area, ideal for distribution, logistics, or industrial operations.; **8,440 sq. ft. metal building** designed for administrative and operational needs.; **Nine high‑clearance overhead doors** for seamless loading, unloading, and warehouse functionality.
