Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Spring Branch Acreage on Hwy 281 Title is generated by Realmo AI

    11234 Spring Branch Rd, Spring Branch, TX 78070

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    5.97 acres in fast-growing Spring Branch area available for lease/sale.

    Type:Land
    Lot size:
    5.97 Acres
    Added:
    Feb 7, 2023
    Days on Market:
    1190
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 11234 Spring Branch Rd

    General Information

    Standard status
    Active
    Lot size
    5.97 Acres
    Property subtype
    Land

    Spaces For Lease

    at 11234 Spring Branch Rd Contact us

    We can help!

    Listing Contact
    Matthew Giang
    Matthew Giang

    Listing agent Matthew Giang License #770491

    Listing office eXp Commercial

    Listing date Feb 7, 2023

    Source Crexi

    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 eXp Commercial

    HighLights

    • 5.97 acres with significant frontage on Hwy 281 (459 feet) and Spring Branch Rd (526 feet).
    • Excellent visibility on US HWY 281 with high traffic volume.
    • Suitable for various business types including gas station or retail space.
    • Located in a fast‑growing area.
    • For Lease/Sale - flexible options.
    • Located in Spring Branch on Hwy 281.

    Overview

    This 5.97-acre commercial property is located in Spring Branch and offers leasing or purchasing options. It features 459 feet of frontage on Highway 281 and 526 feet of frontage on Spring Branch Road. The property benefits from high visibility along US Highway 281, with a traffic count of 21,846 vehicles per day in 2019. The location is suitable for various business ventures, including a gas station or retail space. The surrounding area is experiencing rapid growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Hair Salon Nail Salon Department Store Skin Care Clinic Kitchen & Bath Showroom Bar & Pub Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spring Branch
    County
    Comal
    State
    Texas
    Longitude
    -98.4098892
    Latitude
    29.8820658

    Nearby Similar for Lease

    • $2,700/Mo

      Commercial Space Near Guadalupe River

      Unique commercial space with river access and versatile features.
      211 Uecker Drive, Spring Branch, TX 78070
      View Details
    • Contact for pricing

      Office Space with Warehouse Door

      400 SF office space with warehouse and included utilities.
      23065 State Highway 46 2, Spring Branch, TX 78070
      View Details
    • $35 SF/Yr

      Fully Leased Retail Center

      Fully leased retail center in the thriving Spring Branch market.
      286 Singing Oaks, Spring Branch, TX
      View Details
    • $21 SF/Yr

      Retail Space in Spring Branch

      Retail space available for lease in Spring Branch, Texas.
      13140 US-281, Spring Branch, TX
      View Details
    • $20 SF/Yr

      Retail/Office Space on US Hwy

      Adaptable retail or office space with high traffic visibility.
      8545 US Highway 281 N, Spring Branch, TX
      View Details
    • Contact for pricing

      Retail Property in Spring Branch

      Retail property in a master-planned community with strong cash flow.
      20248 State Highway 46 W, Spring Branch, TX
      View Details
    • $20 SF/Yr

      Restaurant Space in Growing Community

      Second-generation restaurant space with visibility on US-281.
      13140 US-281, Spring Branch, TX 78070
      View Details
    • $35 SF/Yr

      Retail Space in Spring Branch

      6,750 SF retail space available for lease.
      433 Singing Oaks, Spring Branch, TX
      View Details
    • Contact for pricing

      Warehouse Spaces in Spring Branch

      Warehouse/light industrial lease spaces with restrooms, ample parking, high visibility.
      30310 FM306, Spring Branch, TX 78070
      View Details
    • $35 SF/Yr

      Spring Branch Retail Space Available

      Retail space available for lease in Spring Branch, TX.
      437 Singing Oaks, Spring Branch, TX
      View Details
    • $35 SF/Yr

      Spring Branch Office Space Available

      Office space available for lease in Spring Branch, Texas.
      420 Singing Creek, Spring Branch, TX
      View Details
    • $38 SF/Yr

      Spring Branch Office Space Available

      Office space available for lease in Spring Branch, TX.
      383 Harmony Hills St, Spring Branch, TX
      View Details

    FAQs

    What type of property is this?
    Commercial land - 5.97 acres in fast-growing Spring Branch area available for lease/sale.
    Where is this commercial land located?
    The property is located at 11234 Spring Branch Rd Spring Branch, TX.
    What are key features of this property?
    This property features: 5.97 acres with significant frontage on Hwy 281 (459 feet) and Spring Branch Rd (526 feet).; Excellent visibility on US HWY 281 with high traffic volume.; Suitable for various business types including gas station or retail space.
    (210) 818-2945 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Matthew Giang
    Matthew Giang
    Real Estate License ID: 770491
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11234 Spring Branch Rd, Spring Branch, TX 78070
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!