Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1175 Fm 2673 Ste 120 Canyon Lake, TX 78133

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $650 /Mo

    747 sq ft retail or office space near Canyon Lake.

    Property size:
    747 SF
    Lot size:
    1.42 Acres
    Added:
    Dec 20, 2024
    Days on Market:
    495
    Last Refresh:
    Apr 5 at 8:31 pm

    Property Features for 1175 Fm 2673 Ste 120

    General Information

    Standard status
    Active
    Size
    747 SF
    Lot size
    1.42 Acres

    We can help!

    Listing Contact
    David Ozuna

    Listing agent David Ozuna License #0716949

    Listing office D Lee Edwards Realty, Inc

    Listing date Dec 20, 2024

    Source Exprealty

    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

    Overview

    Canyon Lake Retail/Office Space

    This professional private office or retail space is located in a strip center and features a 747 sq ft open floor plan, bright florescent lighting, concrete flooring, and a kitchenette area. The suite includes access to 2 shared restrooms and additional storage space. Signage space on the awning is available at the tenant's expense. The strip center is conveniently situated across from Mountain Valley Middle School, providing easy access to FM 2673 and is located minutes from Canyon Lake.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Hair Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Canyon Lake
    County
    Comal
    State
    Texas
    Longitude
    -98.1687
    Latitude
    29.8507

    Nearby Similar for Lease

    • $2,500/Mo

      Retail/Office Space in Canyon Lake

      1500 SF commercial space in high-traffic Canyon Lake location.
      1642 Fm 2673, Canyon Lake, TX 78133
      View Details
    • $550/Mo

      Canyon Lake Retail/Office Space

      Corner end retail or office space near Canyon Lake, TX.
      1175 FM 2673, Canyon Lake, TX 78133
      View Details
    • $1,350/Mo

      Retail Space with Hill Country Views

      Spacious retail space in Canyon Lake, Texas, with exceptional views.
      1175 FM 2673, Canyon Lake, TX 78133
      View Details
    • $20 SF/Yr

      Old Thyme Plaza Retail Space

      Commercial retail/office space in Old Thyme Plaza at busy intersection.
      1642 Fm 2673, Canyon Lake, TX 78133
      View Details
    • $650/Mo

      Executive Offices and Warehouse Space

      Executive offices and warehouse space available for lease this spring.
      23540 FM 306, Canyon Lake, TX 78133
      View Details
    • $650/Mo

      Canyon Lake Office/Retail Space

      747 sq ft office/retail space near Canyon Lake.
      1175 FM 2673, Canyon Lake, TX 78133
      View Details
    • Contact for pricing

      Commercial Space in Old Thyme Plaza

      2,200 SF retail/office space near Canyon Lake Dam.
      1642 FM2673, Canyon Lake, TX 78133
      View Details
    • Contact for pricing

      Unique Geodome Commercial Space

      Distinctive geodome perfect for creative or wellness businesses.
      192 Charter Oak Dr, Canyon Lake, TX 78133
      View Details
    • Contact for pricing

      Canyon Lake Retail and Storage

      Retail, warehouse, and RV/boat storage property near Canyon Lake.
      188 Canyon Bend, Canyon Lake, TX
      View Details
    • Contact for pricing

      Prime Location Retail/Office Space

      Retail and office spaces in high-traffic Canyon Lake location.
      18100 FM306, Canyon Lake, TX 78133
      View Details
    • Contact for pricing

      Retail and Office Strip Center

      Retail and office spaces available for lease in Sattler, TX.
      1175 FM2673, Canyon Lake, TX 78133
      View Details

    FAQs

    What type of property is this?
    Retail space - 747 sq ft retail or office space near Canyon Lake.
    Where is this retail space located?
    The property is located at 1175 Fm 2673 Ste 120 Canyon Lake, TX.
    What is the lease rate?
    The lease rate is $650 /Mo.
    What are key features of this property?
    This property features: Convenient location across from Mountain Valley Middle School with easy access to FM 2673.; 747 sq ft **open floor plan suitable for office or retail use.**; Includes a kitchenette area.
    (830) 620-7653
    We can help!
    Listing Contact
    David Ozuna
    Real Estate License ID: 0716949
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!