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Private Office Unit With Conference Access
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1111 N Walnut Avenue 305, New Braunfels, TX 78130

Private office suite with shared reception, kitchenette, bathrooms, mail access, and reservable conference rooms.

Property Size110 SF
Price / SF$5.45
Days on Market58

Property Features for 1111 N Walnut Avenue 305

General Information

Standard status Active
Size 110 SF
Property subtype CommercialLease

Additional Details

Highway Access Yes

Amenities

bathrooms
kitchenette
waiting area
mail room access
conference rooms
Listing Agency: D Lee Edwards Realty, Inc
Listed By: D. Lee Edwards · License #0435290
Source: Cornerstone-properties
Added: Sep 6 Changed: Oct 26 Last Checked: Nov 1 at 5:01AM

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 D Lee Edwards Realty, Inc

Rey
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 private office unit provides a finished workspace with carpeting, a ceiling fan, and a glass entry door suitable for office identification. Shared areas add practical support amenities, including a reception and waiting environment, mail access, two bathrooms, and a kitchenette with cabinetry, tiled counters, microwave, sink, coffee service, and dual sinks.

The office building fronts Hwy 46 and is positioned near Loop 337, city hall, and Downtown New Braunfels. Conference rooms are available on a first-come, first-served basis, providing additional meeting space beyond the individual office.

Key Highlights

  • Finished private office with carpeting, ceiling fan, and glass entry door
  • Shared kitchenette includes cabinetry, tiled counters, microwave, sink, coffee service, and dual sinks
  • Two bathrooms and common reception and waiting areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,499
Suggested Prices Based on Cap Rates
Cap Rate 5%
$29,980 $30.0K
Cap Rate 7%
$21,414 $21.4K
Cap Rate 9%
$16,656 $16.7K
Market Conditions
NOI Build-Up for 110 SF
Gross rent
$2.4K $22.08/SF
− Vacancy
−$430 −$3.91/SF
EGI
$2.0K $18.17/SF
− OpEx
−$500 −$4.54/SF
NOI
$1.5K $13.63/SF
Area
Comal 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%
$29,980
Cap Rate 7%
$21,414
Cap Rate 9%
$16,656

Alternative Uses

Best Use
Office B
$21.4K
$18.7K – $25.0K (±1% cap)
NOI $1,499 @ 7.0% cap · market cap 249.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$28.1K
$24.6K – $32.7K (±1% cap)
NOI $1,964 @ 7.0% cap · market cap 327.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Guitar Service (Bike/Boat/Book/etc) Store Julie K Wiedner ... Accounting Firm Brenda Heulitt Insurance ... Insurance Agency Francene Larrabee, Realtor Real Estate Agency CMIT Solutions Tech Support Center

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store HVAC Service Daycare Center Kitchen & Bath Showroom Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby

Demographics for 78130, TX

88,349
Population
40,810
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
971
Density / Sq Mi
$84,426
Median Household Income
$45,253
Median Earnings
$1,525
Median Rent
$296,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Private office suite with shared reception, kitchenette, bathrooms, mail access, and reservable conference rooms.
Where is this office unit located?
The property is located at 1111 N Walnut Avenue 305 New Braunfels, TX.
What are key features of this property?
This property features: Finished private office with carpeting, ceiling fan, and glass entry door; Shared kitchenette includes cabinetry, tiled counters, microwave, sink, coffee service, and dual sinks; Two bathrooms and common reception and waiting areas
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Includes: Price & PSF · Cap rate · Location · Zoning

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