Office Building with Freeway
New
For Sale
Contact for pricing
106 Austin Drive, Boerne, TX 78006
A bright interior and fiber connectivity support professional office use, with the building ready for occupancy.
Property Size2,000 SF
Lot Size1.12 Acres
Price / SF$1.50
Days on Market3
Property Features for 106 Austin Drive
General Information
Standard status
Active
Size
2,000 SF
Lot size
1.12 Acres
Property subtype
Office/Medical/Prof Bldg
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
fiber connectivity
freeway signage
Building Details
Year Built
1999
Buildings
1
Building Size
2,000 SF
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:21AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,000-square-foot office building, constructed in 1999, sits on 1.12 flat, usable acres. The interior is described as bright, and fiber connectivity and freeway signage are in place. The building is ready for occupancy, and use of the yard can be negotiated.
The property is in unincorporated Kendall County, just off Johns Rd, with visibility from I-10.
The property is in unincorporated Kendall County, just off Johns Rd, with visibility from I-10.
Key Highlights
- 2,000‑square‑foot office building built in 1999
- Set on 1.12 flat, usable acres; yard use is negotiable
- Fiber connectivity and freeway signage in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,258
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,160
$545.2K
Cap Rate 7%
$389,400
$389.4K
Cap Rate 9%
$302,867
$302.9K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$44.2K $22.08/SF
− Vacancy
−$7.8K −$3.91/SF
EGI
$36.3K $18.17/SF
− OpEx
−$9.1K −$4.54/SF
NOI
$27.3K $13.63/SF
Area
Kendall County, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,160
Cap Rate 7%
$389,400
Cap Rate 9%
$302,867
Alternative Uses
Best Use
Office B
$389.4K
$340.7K – $454.3K
NOI $27,258 @ 7.0% cap · market cap 908.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$524.6K
$459.0K – $612.0K
NOI $36,720 @ 7.0% cap · market cap 1,224.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Explore this area
Business Placement
Demographics for 78006, TX
40,979
Population
16,643
Households
2.5
Avg Household Size
44
Median Age
51%
College-Educated
94%
High-School Grad
345.9 sq mi
ZIP Area
118
Density / Sq Mi
$110,955
Median Household Income
$51,943
Median Earnings
$1,612
Median Rent
$502,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A bright interior and fiber connectivity support professional office use, with the building ready for occupancy.
Where is this office building located?
The property is located at 106 Austin Drive Boerne, TX.
What are key features of this property?
This property features: 2,000‑square‑foot office building built in 1999; Set on 1.12 flat, usable acres; yard use is negotiable; Fiber connectivity and freeway signage in place
