Versatile Commercial Space, New
223 Lucinda Drive, New Braunfels, TX 78130
COMMERCIAL - New Braunfels, TX
Property size:
3,000 SFLot size:
0.35 AcresPrice / SF:
$225/SF- Added:
- Feb 19, 2026
- Days on Market:
- 86
- Last Refresh:
- May 16 at 2:06 pm
Property Features for 223 Lucinda Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMM
- Parking features
- Driveway
- Exterior features
- Lighting
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 44692
- Size
- 3,000 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT: 4 BLK: 3 ADDN: URBAN HEIGHTS
- Tax Annual Amount
- 7270
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 2
- Flooring type
- Carpet, Tile
- Building materials
- Brick
- Roof type
- Shingle, Composition
Listing agent Charles Gallagher License #0812509 (210) 259-7317
Listing office Real Broker, LLC 2626 Cole Ave, Suite 300, Dallas, TX (855) 450-0442
Listing date Feb 19, 2026
MLS# 605043
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.
HighLights
- Leased through May 31, 2027, providing immediate income and investment opportunity.
- Highly accessible location near Hwy 46, I‑35, and IH‑10, minutes from downtown New Braunfels and convenient to San Antonio and Austin.
- Versatile commercial space suitable for various uses including childcare, real estate, medical, or general office.
- Features eight private offices, a spacious reception area, and dedicated storage.
- Fully wired for high‑speed internet and phone, with an existing telephone system.
- ADA accessibility and 10+ parking spaces.
Overview
This commercial space is positioned in a highly accessible location near Hwy 46, I-35, and IH-10, offering exceptional convenience just minutes from downtown New Braunfels and within easy reach of San Antonio and Austin. Designed for flexibility, the 3,000 square foot property features eight private offices, a spacious reception area, dedicated storage, and an efficient dual HVAC system. All offices are fully wired for high-speed internet and phone connectivity, and the existing telephone system is in place. The floor plan accommodates 2-4 desks per office, making it suitable for a single-user business or for leasing individual suites. With ADA accessibility and 10+ parking spaces, the property is located within a small industrial park. The 0.3511-acre lot is well-suited for childcare, real estate, title, loan, medical, sales, or general office use. The property is currently leased through May 31, 2027, offering immediate income potential. It is located in New Braunfels, Texas, in Guadalupe County.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$454.3K
NOI $40,887 @ 9.00% cap · cautious / downside scenario
Moderate
$584.1K
NOI $40,887 @ 7.00% cap · market / base-case scenario
Aggressive
$817.7K
NOI $40,887 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.2k | $22.08 |
| − Vacancy | −$11.7k | −$3.91 |
| EGI | $54.5k | $18.17 |
| − OpEx | −$13.6k | −$4.54 |
| NOI | $40.9k | $13.63 |
3,000 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$584.1K
$511.1K – $681.5K
NOI $40,887 @ 7.0% cap · market cap 6.06%
Second Best
Healthcare Medical
$555.4K
$486.0K – $648.0K
NOI $38,880 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$765.2K
$669.6K – $892.8K
NOI $53,567 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Longitude
- -98.0619929
- Latitude
- 29.6841738
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Conveniently located commercial space ideal for various business uses.
Where is this office units located?
The property is located at 223 Lucinda Drive New Braunfels, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Leased through May 31, 2027, providing immediate income and investment opportunity.; Highly accessible location near Hwy 46, I‑35, and IH‑10, minutes from downtown New Braunfels and convenient to San Antonio and Austin.; Versatile commercial space suitable for various uses including childcare, real estate, medical, or general office.
