Wimberley View Office on
101 FM 3237 Bldg B Wimberley, TX 78676
101 FM 3237 Bldg B, Wimberley, TX, 78676
Contact for pricing
For Sale
Contact for pricing
Corner office building suitable for various businesses with high visibility.
Property Size889 SF
Price / SF$358.83
Days on Market147
Property Features for 101 FM 3237 Bldg B
General Information
- Standard status
- Active
- Size
- 889 SF
- Property subtype
- Special Purpose
Listing Agency
CENTURY 21 Randall Morris & Associates
Listed by
Clay Ewing · License #TX
Source
Crexi
Added: Feb 20 Checked: Jul 17 at 4:29 am
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 CENTURY 21 Randall Morris & Associates
Investment Insights
Based on property information with market context.
Located at the corner of FM 3237 and RR 12, this 889 square foot office building, formerly the Wimberley View Newspaper office, offers a layout suitable for a variety of businesses. The property features a kitchenette/break room, a restroom, and a dedicated media room. Two reception/entry offices face FM 3237, and a large office (formerly the Editor's office) includes two windows, a fireplace, and shelving. The windows have a large upper non-opening plate glass view window, and lower windows that open to provide airflow.
Key Highlights
- High‑traffic corner location at FM 3237 and RR 12
- Versatile layout suitable for various businesses
- Large office with fireplace, shelving, and two windows
Local Financial Insights For Office B
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 | $37.3k | $42.00 |
| − Vacancy | −$9.1k | −$10.21 |
| EGI | $28.3k | $31.79 |
| − OpEx | −$7.1k | −$7.95 |
| NOI | $21.2k | $23.85 |
889 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$302.8K
$265.0K – $353.3K
NOI $21,199 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$371.6K
$325.2K – $433.6K
NOI $26,014 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Corner office building suitable for various businesses with high visibility.
Where is this office units located?
The property is located at 101 FM 3237 Bldg B Wimberley, TX.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: High‑traffic corner location at FM 3237 and RR 12; Versatile layout suitable for various businesses; **Large office with fireplace, shelving, and two windows**
