High-Clear Warehouse
For Sale
$1,100,000
1127 Bowie, Seguin, TX 78155
Open industrial layout with grade-level loading, heavy power, and trailer maneuverability.
Property Size11,000 SF
Price / SF$100
Days on Market29
Property Features for 1127 Bowie
General Information
Standard status
Active
Size
11,000 SF
Warehouse & Industrial
Warehouse Space
11,000 SF
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1958
Buildings
1
Building Size
11,000 SF
Construction
metal
Listing Agency:
W.C. Miller Properties
(830) 387-6013
Listed By:
Wesley Miller · License #0461375
Source:
Sarahildebrandaguilera
Added: Aug 4
Changed: Aug 31
Last Checked: Aug 30 at 8:50PM
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 W.C. Miller Properties
Investment Insights
Based on property information with market context.
Built in 1958, this 11,000-square-foot warehouse features all-metal construction, a standing-seam roof, and an open interior configured for industrial operations. Clear height reaches up to 30 feet at the peak, supporting high-bay storage, equipment use, mezzanine additions, or customized production arrangements. Grade-level loading, heavy power capacity, parking, and space for trailer maneuvering add practical functionality.
The property is located minutes from downtown Seguin with access to Interstate 10 and other major highways. San Antonio is approximately 30 minutes away, while Austin is under an hour, providing connectivity across the Central Texas region. The facility is immediately available.
The property is located minutes from downtown Seguin with access to Interstate 10 and other major highways. San Antonio is approximately 30 minutes away, while Austin is under an hour, providing connectivity across the Central Texas region. The facility is immediately available.
Key Highlights
- 11,000 sq ft warehouse with all‑metal construction
- Clear heights up to 30 feet at the peak
- Standing‑seam roof and open floor plan
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,943
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,598,860
$1.6M
Cap Rate 7%
$1,142,043
$1.1M
Cap Rate 9%
$888,256
$888.3K
Market Conditions
NOI Build-Up for 11,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$99.0K $9.00/SF
− Vacancy
−$5.0K −$0.45/SF
EGI
$94.1K $8.55/SF
− OpEx
−$14.1K −$1.28/SF
NOI
$79.9K $7.27/SF
Area
Guadalupe County, TX
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,598,860
Cap Rate 7%
$1,142,043
Cap Rate 9%
$888,256
Alternative Uses
Best Use
Warehouse
$1.14M
$999.3K – $1.33M
NOI $79,943 @ 7.0% cap · market cap 7.27%
Second Best
Industrial
$940.5K
$822.9K – $1.10M
NOI $65,835 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$2.89M
$2.52M – $3.37M
NOI $201,960 @ 7.0% cap · market cap 18.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78155, TX
51,772
Population
21,791
Households
2.4
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
355.5 sq mi
ZIP Area
146
Density / Sq Mi
$71,367
Median Household Income
$38,985
Median Earnings
$1,149
Median Rent
$246,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Lone Star Boat Storage — 203 E Elm St, New Berlin, TX 78155
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Frequently Asked Questions
What type of property is this?
Warehouse - Open industrial layout with grade-level loading, heavy power, and trailer maneuverability.
Where is this warehouse located?
The property is located at 1127 Bowie Seguin, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 11,000 sq ft warehouse with all‑metal construction; Clear heights up to 30 feet at the peak; Standing‑seam roof and open floor plan
