Flex Space with Multiple
1056 Market, New Braunfels, TX 78132
For Sale
New
$375,000
A kitchenette and restroom complement the building’s adaptable interior layout.
Property Size4,400 SF
Price / SF$85.23
Days on Market3
Property Features for 1056 Market
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Jpar San Antonio
Listed By:
Donna Renken · License TX #0196427
(210) 601-3493
Source:
Halfpriced
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 11:10PM
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 Jpar San Antonio
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,400-square-foot flex property, built in 1995, contains six distinct rooms, a small kitchen and a bathroom. The room-based layout supports a range of commercial configurations without specifying a particular use.
The property sits half a block from River Road, where seasonal traffic increases during summer.
The property sits half a block from River Road, where seasonal traffic increases during summer.
Key Highlights
- 4,400 square feet of flex space
- Six separate rooms, plus a small kitchen and bathroom
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,170
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,400
$503.4K
Cap Rate 7%
$359,571
$359.6K
Cap Rate 9%
$279,667
$279.7K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$39.6K $9.00/SF
− Vacancy
−$3.6K −$0.83/SF
EGI
$36.0K $8.17/SF
− OpEx
−$10.8K −$2.45/SF
NOI
$25.2K $5.72/SF
Area
Comal County, TX
Vacancy
9.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,400
Cap Rate 7%
$359,571
Cap Rate 9%
$279,667
Alternative Uses
Best Use
Retail
$841.4K
$736.2K – $981.7K
NOI $58,899 @ 7.0% cap · market cap 15.71%
Second Best
Flex RnD
$676.6K
$592.0K – $789.4K
NOI $47,362 @ 7.0% cap · market cap 12.63%
Theoretical Best
Office A
$1.12M
$982.1K – $1.31M
NOI $78,566 @ 7.0% cap · market cap 20.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78132, TX
37,475
Population
15,356
Households
2.4
Avg Household Size
43
Median Age
53%
College-Educated
96%
High-School Grad
179.3 sq mi
ZIP Area
209
Density / Sq Mi
$126,934
Median Household Income
$63,870
Median Earnings
$1,531
Median Rent
$570,900
Median Home Value
Market
Properties on Market for Flex space in New Braunfels
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- The Golden Pineapple nbtx — 401 W Coll St, New Braunfels, TX 78130
- Neighborhood Gourmet — 305 Cross River St, New Braunfels, TX 78130
Frequently Asked Questions
What type of property is this?
Flex space - A kitchenette and restroom complement the building’s adaptable interior layout.
Where is this flex space located?
The property is located at 1056 Market New Braunfels, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 4,400 square feet of flex space; Six separate rooms, plus a small kitchen and bathroom; Built in 1995
