Retail Suite with Salon
New
For Sale
Contact for pricing
1175 FM 2673 120 CANYON LAKE TX 78133, Canyon Lake, TX 78133
A private restroom and front office support a salon, office, or retail layout.
Property Size570 SF
Price / SF$1.23
Days on Market6
Property Features for 1175 FM 2673 120 CANYON LAKE TX 78133
General Information
Standard status
Active
Size
570 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Amenities
bright florescent lighting
updated vinyl flooring
formal hair salon area
private restroom
front office area
Building Details
Year Built
1975
Stories
1
Listing Agency:
D Lee Edwards Realty, Inc
(830) 620-7653
Listed By:
D. Lee Edwards · License #0435290
(830) 708-2319
Source:
Kwsanantonio
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 30 at 10:25AM
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
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 570-square-foot retail suite includes a front office, one private restroom, fluorescent lighting, and updated vinyl flooring. A formal hair salon area is already part of the layout, while the space is also described for professional office use. Awning signage is available at the tenant’s expense.
The suite is in a strip center across from Mountain Valley Middle School, with access to FM 2673 and Canyon Lake a short drive away. The center was built in 1975.
The suite is in a strip center across from Mountain Valley Middle School, with access to FM 2673 and Canyon Lake a short drive away. The center was built in 1975.
Key Highlights
- 570‑square‑foot suite with a front office and one private restroom
- Existing hair salon area with updated vinyl flooring
- Awning signage available at tenant expense
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,630
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,600
$152.6K
Cap Rate 7%
$109,000
$109.0K
Cap Rate 9%
$84,778
$84.8K
Market Conditions
NOI Build-Up for 570 SF
Gross rent
$11.4K $19.92/SF
− Vacancy
−$454 −$0.80/SF
EGI
$10.9K $19.12/SF
− OpEx
−$3.3K −$5.74/SF
NOI
$7.6K $13.39/SF
Area
Comal County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,600
Cap Rate 7%
$109,000
Cap Rate 9%
$84,778
Alternative Uses
Best Use
Retail
$109.0K
$95.4K – $127.2K
NOI $7,630 @ 7.0% cap · market cap 1,090.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$145.4K
$127.2K – $169.6K
NOI $10,178 @ 7.0% cap · market cap 1,454.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 78133, TX
20,787
Population
11,208
Households
1.9
Avg Household Size
52
Median Age
33%
College-Educated
94%
High-School Grad
75.5 sq mi
ZIP Area
275
Density / Sq Mi
$80,777
Median Household Income
$45,470
Median Earnings
$1,236
Median Rent
$300,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A private restroom and front office support a salon, office, or retail layout.
Where is this retail space located?
The property is located at 1175 FM 2673 120 CANYON LAKE TX 78133 Canyon Lake, TX.
What are key features of this property?
This property features: 570‑square‑foot suite with a front office and one private restroom; Existing hair salon area with updated vinyl flooring; Awning signage available at tenant expense
