Commercial Flex
New
For Sale
$450,000
100 Schertz Pkwy, Schertz, TX 78154
Currently occupied, the property has on-site parking and a Schertz Parkway address.
Property Size3,090 SF
Price / SF$145.63
Days on Market3
Property Features for 100 Schertz Pkwy
General Information
Standard status
Active
Size
3,090 SF
Property subtype
Multi-Use
Occupancy
100%
Additional Details
Traffic Count
12,000 vehicles/day
Building Details
Year Built
1998
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Oct 11
Changed: Oct 13
Last Checked: Oct 12 at 7:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PIONEER REALTY PARTNERS, LLC
Investment Insights
Based on property information with market context.
At 100 Schertz Parkway, this 3,090-square-foot flex property was built in 1998 and is fully occupied. On-site parking serves the commercial space.
Schertz Parkway is the property's street address. A 2020 count recorded nearly 12,000 cars in the area, providing a measure of local traffic activity.
Schertz Parkway is the property's street address. A 2020 count recorded nearly 12,000 cars in the area, providing a measure of local traffic activity.
Key Highlights
- 3,090 square feet of flex space
- Fully occupied
- Built in 1998
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,363
Cap Rate
9.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,260
$827.3K
Cap Rate 7%
$590,900
$590.9K
Cap Rate 9%
$459,589
$459.6K
Market Conditions
NOI Build-Up for 3,090 SF
Gross rent
$61.6K $19.92/SF
− Vacancy
−$2.5K −$0.80/SF
EGI
$59.1K $19.12/SF
− OpEx
−$17.7K −$5.74/SF
NOI
$41.4K $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 Rate 5%
$827,260
Cap Rate 7%
$590,900
Cap Rate 9%
$459,589
Alternative Uses
Best Use
Retail
$590.9K
$517.0K – $689.4K
NOI $41,363 @ 7.0% cap · market cap 9.19%
Second Best
Flex RnD
$464.8K
$406.7K – $542.3K
NOI $32,538 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$810.5K
$709.2K – $945.5K
NOI $56,732 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
12,000 VPD
Traffic count
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78154, TX
41,533
Population
15,688
Households
2.6
Avg Household Size
38
Median Age
40%
College-Educated
94%
High-School Grad
32.9 sq mi
ZIP Area
1,262
Density / Sq Mi
$97,465
Median Household Income
$47,552
Median Earnings
$1,664
Median Rent
$296,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- The Purple Pig BBQ — 537 Main St, Schertz, TX 78154
Frequently Asked Questions
What type of property is this?
Flex space - Currently occupied, the property has on-site parking and a Schertz Parkway address.
Where is this flex space located?
The property is located at 100 Schertz Pkwy Schertz, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,090 square feet of flex space; Fully occupied; Built in 1998
