Private Office Unit with Shared
For Sale
Contact for pricing
1111 N Walnut Avenue 301, New Braunfels, TX 78130
Carpeted office suite with shared reception, conference room, kitchenette, bathrooms, and mail room access.
Property Size242 SF
Price / SF$4.13
Days on Market103
Property Features for 1111 N Walnut Avenue 301
General Information
Standard status
Active
Size
242 SF
Additional Details
Highway Access
Yes
Amenities
ceiling fans
common area
waiting area
mail room
conference room
kitchenette
bathrooms
Listing Agency:
D Lee Edwards Realty, Inc
(830) 620-7653
Listed By:
D. Lee Edwards · License #0435290
(830) 708-2319
Source:
Cornerstone-properties
Added: Jul 10
Changed: Oct 16
Last Checked: Oct 19 at 6:57AM
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
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Investment Insights
Based on property information with market context.
This 242-square-foot private office unit includes carpeting, two ceiling fans, a parking-lot-facing window, and a glass entry door suitable for signage or decals. Shared areas add a welcoming reception space, two bathrooms, a kitchenette with cabinetry, ceramic tile counters, microwave, sink, coffee service, and dual sinks.
The building is positioned along busy Hwy 46 near Loop 337, city hall, and Downtown New Braunfels. Occupants also have access to a downstairs waiting area, mail room, and conference room on a first-come, first-served basis.
The building is positioned along busy Hwy 46 near Loop 337, city hall, and Downtown New Braunfels. Occupants also have access to a downstairs waiting area, mail room, and conference room on a first-come, first-served basis.
Key Highlights
- 242‑square‑foot private office unit
- Carpeted office with two ceiling fans and parking‑lot‑facing window
- Glass entry door suitable for signage or decals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,298
Suggested Prices Based on Cap Rates
Cap Rate 5%
$65,960
$66.0K
Cap Rate 7%
$47,114
$47.1K
Cap Rate 9%
$36,644
$36.6K
Market Conditions
NOI Build-Up for 242 SF
Gross rent
$5.3K $22.08/SF
− Vacancy
−$946 −$3.91/SF
EGI
$4.4K $18.17/SF
− OpEx
−$1.1K −$4.54/SF
NOI
$3.3K $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%
$65,960
Cap Rate 7%
$47,114
Cap Rate 9%
$36,644
Alternative Uses
Best Use
Office B
$47.1K
$41.2K – $55.0K
NOI $3,298 @ 7.0% cap · market cap 329.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$61.7K
$54.0K – $72.0K
NOI $4,321 @ 7.0% cap · market cap 432.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Carpeted office suite with shared reception, conference room, kitchenette, bathrooms, and mail room access.
Where is this office unit located?
The property is located at 1111 N Walnut Avenue 301 New Braunfels, TX.
What are key features of this property?
This property features: 242‑square‑foot private office unit; Carpeted office with two ceiling fans and parking‑lot‑facing window; Glass entry door suitable for signage or decals
