Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7087 Dietz Elkhorn Rd Boerne, TX 78015

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,950,000

    Prime 4.94-acre mixed-use site in Boerne, TX.

    Property size:
    1,879 SF

    Property Features for 7087 Dietz Elkhorn Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,879 SF
    Lot Size
    215,186 SF

    Building Details

    Year Built
    1970

    We can help!

    Listing Contact
    Homer Patterson
    Homer Patterson

    Listing Agency: Keller Williams Heritage Listing Agent: Homer Patterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 4.94-acre commercial property presents a rare investment opportunity in the thriving town of Boerne, Texas. Situated at 7087 Dietz Elkhorn Road, this strategically located parcel enjoys high visibility near the busy intersection of Ralph Fair Road and Dietz Elkhorn Road, ensuring significant exposure for any commercial venture. The property boasts a generous 1,879 square feet of buildable area and is zoned for mixed-use development, offering unparalleled flexibility for a wide range of commercial applications. Imagine the possibilities: a multi-family dwelling, a mixed-use development combining residential and commercial spaces, a boutique hotel, office suites, retail shops, a medical facility, or a senior care home. The land itself is beautifully landscaped with mature oak trees, creating a serene and attractive setting for any development. This location is particularly advantageous, bordering areas slated for significant future residential and commercial growth within Fair Oaks Ranch, promising substantial long-term value appreciation. The asking price is $1,950,000. Don't miss this chance to secure a prime piece of Boerne real estate with exceptional potential for substantial returns. This is a truly unique opportunity to capitalize on the dynamic growth of this desirable Texas community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Hotel & Motel Garden Center Grocery & Convenience Store Wine and Liquor Store Butcher

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boerne
    County
    Bexar
    State
    Texas
    Longitude
    -98.62217
    Latitude
    29.73149

    Nearby Similar for Sale

    • $795,000
      4,710 SF

      Boerne Multifamily Investment Opportunity

      Four-unit property in Boerne, TX, near I-10.
      1000 Diamond Dr, Boerne, TX 78006
      View Details
    • $5,400,000
      2,261 SF

      Texas Hill Country Ranch with Creek

      Historic ranch featuring live water, abundant wildlife, and refined living.
      149 Bloodhound Trl, Boerne, TX 78006
      View Details
    • $649,900

      15-Acre Hill Country Retreat

      Serene 15-acre property near Fredericksburg, Luckenbach, and Boerne.
      1719 Sisterdale Rd, Boerne, TX 78006
      View Details
    • $13,300,000
      396.00 Acres

      Boerne Ranch with Creek Frontage

      Stunning ranch near Boerne with creek, homes, and barns.
      190 -- Other, Boerne, TX 78006
      View Details
    • $8,750,000
      309.85 Acres

      Boerne Ranch with Hilltop Residence

      309-acre ranch featuring a five-bedroom home with impressive views.
      38 -- Seewald Rd, Boerne, TX 78006
      View Details
    • $437,500

      Unrestricted Land with Hill Country Views

      13.98 acres of unrestricted land near Boerne, Texas.
      105 Lost Valley Rd, Boerne, TX 78006
      View Details
    • $4,899,000

      Boerne Multi-Residence Hill Country Estate

      45+ acre estate with four residences, pond, and sports court.
      292 Fossil Rdg, Boerne, TX 78006
      View Details
    • $2,050,000

      Second Generation QSR Opportunity

      Second generation QSR available for sale.
      1550 River Rd, Boerne, TX 78006
      View Details
    • $3,731,000
      12,321 SF

      Boerne Retail Condominiums For Sale

      Two garden buildings totaling 12,321 SF in Boerne, TX.
      101 Woods Of Boerne Blvd, Boerne, TX
      View Details
    • Contact for pricing
      4,700 SF

      Office/Warehouse with Gated Yard

      Versatile property with secure yard, warehouse, and convenient location.
      8424 Indian Hills Ln, Boerne, TX
      View Details
    • $2,050,000
      8,000 SF

      Boerne Commercial Building - Prime Location

      8,000 sq ft, 1.01 acre lot, $2.05M
      228 Commerce Ave, Boerne, TX 78006
      View Details
    • Contact for pricing
      3,800 SF

      Modern Office Building in Boerne

      Modern office building in Boerne, TX, convenient location.
      531 Fm 3351 N, Boerne, TX 78006
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime 4.94-acre mixed-use site in Boerne, TX.
    Where is this commercial real estate located?
    The property is located at 7087 Dietz Elkhorn Rd Boerne, TX.
    What is the asking price?
    The asking price for this property is $1,950,000.
    (210) 493-3030
    Request Owner's contact information
    7087 Dietz Elkhorn Rd Boerne, TX 78015
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7087 Dietz Elkhorn Rd
    Boerne, TX 78015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7087 Dietz Elkhorn Rd Boerne, TX 78015
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Homer Patterson
    Homer Patterson
    (210) 493-3030 (210) 573-5909
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!