Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    806 Via Principale New Braunfels, TX 78130

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,900,000

    8,640 SF building in New Braunfels with development potential.

    Property size:
    8,640 SF
    Lot size:
    7.59 Acres

    Property Features for 806 Via Principale

    General Information

    Size
    8,640 SF
    Lot size
    7.59 Acres

    We can help!

    Listing Contact
    Cory Elrod
    Cory Elrod
    Source: Moodyscre

    Listing Agent: Cory Elrod

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    New Braunfels Commercial Development Opportunity

    Located in New Braunfels, Texas, the property at 806 Via Principale presents a development opportunity for investors or owner-operators. The 8,640 square-foot building is suitable for retail, modern office spaces, or neighborhood commercial development. The property features a facade and a versatile interior layout. Its location in New Braunfels provides visibility and accessibility. Additional land is available for future development.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Hair Salon Gym & Fitness Hotel & Motel Department Store Kitchen & Bath Garden Center Wine and Liquor Store Dry Cleaner

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

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.2679371
    Latitude
    29.773379

    Nearby Similar for Sale

    • $1,350,000
      165,528 SF

      Mixed-Use Property Near Canyon Lake

      3.8-acre mixed-use property with income potential near Canyon Lake.
      1200 Hinch Dr, New Braunfels, TX 78132
      View Details
    • $889,870
      2,504 SF

      Historic Victorian House in New Braunfels

      1898 Victorian with commercial potential in downtown New Braunfels.
      633 S Castell Ave, New Braunfels, TX 78130
      View Details
    • $299,000
      1,392 SF

      Unrestricted Acre with FM 725 Frontage

      One-acre property with high visibility, ideal for commercial ventures.
      6616 Fm 725, New Braunfels, TX 78130
      View Details
    • $485,000
      1,568 SF

      New Braunfels Investment Opportunity

      Unique property featuring two homes and office space for income.
      556 Gode Ln, New Braunfels, TX 78130
      View Details
    • $800,000
      1,966 SF

      Charming Home Near Comal River

      Rare home with exclusive island access near Comal River.
      985 Allen Ave, New Braunfels, TX 78130
      View Details
    • $1,900,000
      5,959 SF

      Guadalupe River Recreational Business Opportunity

      1.76 acres with 345+ ft Guadalupe River frontage.
      7308 River Rd, New Braunfels, TX 78132
      View Details
    • $10,000,000
      11,000 SF

      New Braunfels Commercial Investment Opportunity

      Income-producing property with retail and residential potential in New Braunfels.
      E Zipp & Ferryboat Ln, New Braunfels, TX 78130
      View Details
    • $975,000
      1,472 SF

      Riverfront Duplex: Turnkey Rental Ready

      Stunning riverfront duplex with Guadalupe River views, ready for rentals.
      6780 River Rd, New Braunfels, TX 78132
      View Details
    • $470,000
      2,774 SF

      New Braunfels Multifamily Investment

      Income-producing duplex in a desirable location with easy access.
      3049 Pine Valley Dr, New Braunfels, TX 78130
      View Details
    • $450,000
      720 SF

      Historic Home in Downtown New Braunfels

      Charming 1845 single-family home near Comal River.
      195 E Coll St, New Braunfels, TX 78130
      View Details
    • $699,999
      1,322 SF

      Commercial Property in New Braunfels

      Remodeled commercial property with high visibility and ample parking.
      1806 S Business Ih-35, New Braunfels, TX 78130
      View Details
    • $475,000
      2,650 SF

      New Braunfels Duplex Investment Opportunity

      Well-maintained duplex with long-term tenants in a growing community.
      125-127 Joanne Cv, New Braunfels, TX 78130
      View Details

    FAQs

    What type of property is this?
    Office building - 8,640 SF building in New Braunfels with development potential.
    Where is this office building located?
    The property is located at 806 Via Principale New Braunfels, TX.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Prime development opportunity in the highest demographic area of New Braunfels.; - **8,640 SF building suitable for retail, modern office spaces, or neighborhood commercial development.**; - Additional land available for future development.
    (830) 625-6400
    Request Owner's contact information
    806 Via Principale New Braunfels, TX 78130
    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.
    806 Via Principale
    New Braunfels, TX 78130
    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
    806 Via Principale New Braunfels, TX 78130
    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

    We can help!
    Listing Contact
    Cory Elrod
    Cory Elrod
    (830) 625-6400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.