1003 N Highway 123 Byp, Seguin, TX
Restaurant building on 1.27-acre lot with highway frontage.
- Added:
- Jan 1, 2022
- Days on Market:
- 1628
- Last Refresh:
- May 20 at 8:02 pm
Property Features for 1003 N Highway 123 Byp
General Information
- Standard status
- Active
- Size
- 4,711 SF
- Lot size
- 1.20 Acres
- Property subtype
- RETAIL
Listing agent Ted Omohundro (830) 708-7710
Listing office Red Mansions Realty (830) 708-7710
Listing date Jan 1, 2022
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Red Mansions Realty
HighLights
- Large 1.27‑acre lot with 315' frontage on highway 123 bypass.
- High traffic location (22,000 vpd) near high school and major retail.
- Commercially equipped 4711 sq. ft. restaurant building with kitchen FFE included.
- Newer windows (2017) and roof.
- Potential for outdoor seating and drive‑thru.
- Located in fast‑growing Seguin, TX with over 11,000 new homes planned.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.8k | $19.92 |
| − Vacancy | −$3.8k | −$0.80 |
| EGI | $90.1k | $19.12 |
| − OpEx | −$22.5k | −$4.78 |
| NOI | $67.6k | $14.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Seguin
- County
- Guadalupe
- State
- Texas
- Longitude
- -97.947
- Latitude
- 29.555