Add Listing
    For Lease
    • 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

    18658 I-35 N Schertz, TX

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    3.288 acres of land for mixed-use development.

    Type:LAND
    Lot size:
    3.29 Acres
    Added:
    Dec 24, 2024
    Days on Market:
    487
    Last Refresh:
    Apr 5 at 11:08 pm

    Property Features for 18658 I-35 N

    General Information

    Standard status
    Active
    Lot size
    3.29 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 18658 I-35 N Contact us

    We can help!

    Listing Contact
    Brian Smith

    Listing agent Brian Smith

    Listing office Merit CRE

    Listing date Dec 24, 2024

    Source Moodyscre

    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 Merit CRE

    Overview

    Schertz Mixed-Use Development Land

    This property features approximately 3.288 acres of land suitable for a mixed-use development. The zoning is general business. It is adjacent to Schertz Station, an 18-acre retail development, and a 72-acre master-planned mixed-use development that will deliver over 300 single-family rental units.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Schertz
    County
    Guadalupe
    State
    Texas
    Longitude
    -98.2697
    Latitude
    29.5522

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space Near Walmart Supercenter

      4,000 SF retail space at IH-35 & FM 3009.
      6032 FM 3009, Schertz, TX 78154
      View Details
    • Contact for pricing

      Northeast Submarket Flex Space

      Class A construction with office space and dock high doors.
      6696 Tri County Parkway, Schertz, TX, 78154
      View Details
    • Contact for pricing

      Schertz Warehouse with IH-35 Access

      Warehouse space with convenient access to IH-35 and Tri-County Parkway.
      5755 Tri County Parkway, Schertz, TX, 78154
      View Details
    • Contact for pricing

      New Schertz Medical Office Building

      New 9,010 SF medical office in Schertz, Texas.
      3795 Roy Richard Dr, Schertz, TX
      View Details
    • Contact for pricing

      Schertz Warehouse Space Available

      244,800 SF warehouse space for lease in Schertz, TX.
      5925 Tri County Parkway, Schertz, TX, 78154
      View Details
    • Contact for pricing

      Schertz Warehouse with Office Space

      92,000 SF warehouse with office and ample parking.
      17414 Triton, Schertz, TX, 78154
      View Details
    • $14 SF/Yr

      Schertz Industrial Warehouse Space

      43,200 SF Class B industrial warehouse for lease.
      17357 Bell North Drive, Schertz, TX
      View Details
    • $32 SF/Yr

      Schertz Medical Center Office Space

      New medical development in a rapidly growing area.
      3701 FM3009, Schertz, TX
      View Details
    • Contact for pricing

      Schertz Warehouse Space Available

      49,933 SF warehouse space for lease in Schertz, Texas.
      17745 Lookout Road, Schertz, TX, 78154
      View Details
    • $19 SF/Yr

      Retail Space Available For Lease

      Retail space available for lease in Schertz, Texas.
      1190 FM 78, Schertz, TX
      View Details
    • Contact for pricing

      Schertz Warehouse and Distribution Space

      32,000 SF warehouse with office space for lease.
      5500 Mid Cities Parkway, Schertz, TX, 78154
      View Details
    • Contact for pricing

      Schertz Office Space For Rent

      Office space available for rent in Schertz, Texas.
      5000 Baptist Health Dr, Schertz, TX
      View Details

    FAQs

    What type of property is this?
    Land - 3.288 acres of land for mixed-use development.
    Where is this land located?
    The property is located at 18658 I-35 N Schertz, TX.
    What are key features of this property?
    This property features: Sizeable lot: ±3.288 Acres.; Located near an 18‑acre retail development.; Part of a mixed‑use development.
    (210) 541-2005 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brian Smith
    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!