Downtown Office-Retail
For Sale
Contact for pricing
115 Oak Park Drive, Boerne, TX 78006
Two-building office and retail setup with reception areas, private offices, and ADA-compliant restroom on C-1 zoned land.
Property Size1,800 SF
Lot Size0.43 Acres
Price / SF$444.44
Days on Market98
Property Features for 115 Oak Park Drive
General Information
Standard status
Active
Size
1,800 SF
Class
B
Total Parking Spaces
6
Lot size
0.43 Acres
Property subtype
Retail, Office
Zoning
C-1
Investment Type
Owner/User
Building Details
Year Built
1965
Buildings
2
Units
2
Listing Agency:
Boehm Commercial Group
Listed By:
Glen Boehm, CCIM · License #TX 550654
(210) 213-6886
Source:
Crexi
Added: Jul 26
Changed: Oct 26
Last Checked: Oct 30 at 12:08PM
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 Boehm Commercial Group
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Investment Insights
Based on property information with market context.
Located at 115 Oak Park Drive, this C-1 zoned property offers an approximately 1,800+/- SF office/retail opportunity built across two separate structures. Building 1 includes a reception area, three private offices, a full kitchen, and a full restroom with a shower plus washer and dryer. Building 2 contains a reception/work area, a private office, and an ADA-compliant restroom, creating a flexible configuration for multiple workspaces.
A dry storage building at the rear of the property provides additional space for equipment or inventory. The seller reports the roof was replaced within the past two years.
The property is positioned in downtown Boerne, with Main Street shopping, dining, and local businesses described as just minutes away.
A dry storage building at the rear of the property provides additional space for equipment or inventory. The seller reports the roof was replaced within the past two years.
The property is positioned in downtown Boerne, with Main Street shopping, dining, and local businesses described as just minutes away.
Key Highlights
- Two‑building office/retail property in downtown Boerne with 1,800+/- SF total
- 0.43+/- acre lot with C‑1 zoning
- Building 1 (1,175+/- SF) includes reception, 3 private offices, full kitchen, and restroom with shower plus washer/dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,532
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,640
$490.6K
Cap Rate 7%
$350,457
$350.5K
Cap Rate 9%
$272,578
$272.6K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$39.7K $22.08/SF
− Vacancy
−$7.0K −$3.91/SF
EGI
$32.7K $18.17/SF
− OpEx
−$8.2K −$4.54/SF
NOI
$24.5K $13.63/SF
Area
Kendall 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%
$490,640
Cap Rate 7%
$350,457
Cap Rate 9%
$272,578
Alternative Uses
Best Use
Office B
$350.5K
$306.7K – $408.9K
NOI $24,532 @ 7.0% cap · market cap 3.07%
Second Best
Retail
$344.2K
$301.2K – $401.6K
NOI $24,095 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$472.1K
$413.1K – $550.8K
NOI $33,048 @ 7.0% cap · market cap 4.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,211
Businesses Nearby
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Business Placement
Demographics for 78006, TX
40,979
Population
16,643
Households
2.5
Avg Household Size
44
Median Age
51%
College-Educated
94%
High-School Grad
345.9 sq mi
ZIP Area
118
Density / Sq Mi
$110,955
Median Household Income
$51,943
Median Earnings
$1,612
Median Rent
$502,700
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 - Two-building office and retail setup with reception areas, private offices, and ADA-compliant restroom on C-1 zoned land.
Where is this office unit located?
The property is located at 115 Oak Park Drive Boerne, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Two‑building office/retail property in downtown Boerne with 1,800+/- SF total; 0.43+/- acre lot with C‑1 zoning; Building 1 (1,175+/- SF) includes reception, 3 private offices, full kitchen, and restroom with shower plus washer/dryer
