Immaculate Flex Space in
For Sale
$1,649,000
108 Commercial Pl, Schertz, TX 78154
Well-maintained flex space in Schertz industrial area with upgrades.
Property Size9,416 SF
Days on Market218
Property Features for 108 Commercial Pl
General Information
Standard status
Active
Size
9,416 SF
Property subtype
Industrial
Building Details
Building Size
9,416 SF
Listing Agency:
Coldwell Banker Commercial Alamo City
Listed By:
Brent Holmes · License #713693
(210) 218-3933
Source:
Commercialcafe
Added: Mar 5
Changed: Oct 5
Last Checked: Oct 7 at 9:35AM
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 Coldwell Banker Commercial Alamo City
Investment Insights
Based on property information with market context.
This immaculately maintained flex space is located in the heart of the Schertz industrial area. The property features numerous upgrades. The finish out is designed to elevate a brand and impress clients and vendors.
Key Highlights
- Immaculately maintained flex space.
- Located in the heart of Schertz Industrial area.
- Great finish out to elevate your brand.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,150
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,983,000
$2.0M
Cap Rate 7%
$1,416,429
$1.4M
Cap Rate 9%
$1,101,667
$1.1M
Market Conditions
NOI Build-Up for 9,416 SF
Gross rent
$169.5K $18.00/SF
− Vacancy
−$16.9K −$1.80/SF
EGI
$152.5K $16.20/SF
− OpEx
−$53.4K −$5.67/SF
NOI
$99.2K $10.53/SF
Area
Guadalupe County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,983,000
Cap Rate 7%
$1,416,429
Cap Rate 9%
$1,101,667
Alternative Uses
Best Use
Flex RnD
$1.42M
$1.24M – $1.65M
NOI $99,150 @ 7.0% cap · market cap 6.01%
Second Best
Industrial
$805.1K
$704.4K – $939.3K
NOI $56,355 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M
NOI $172,878 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
254
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
- O'Neill's Catering — 1420 Schertz Pkwy Suite 290, Schertz, TX 78154
Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained flex space in Schertz industrial area with upgrades.
Where is this flex space located?
The property is located at 108 Commercial Pl Schertz, TX.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Immaculately maintained flex space.; Located in the heart of Schertz Industrial area.; Great finish out to elevate your brand.
