Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Building For Lease Title is generated by Realmo AI

    493 S Seguin Ave, New Braunfels, TX

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    4,487 SF medical office space available in New Braunfels, TX.

    Type:OFFICE
    Property size:
    4,487 SF
    Lot size:
    0.42 Acres
    Added:
    Jun 15, 2023
    Days on Market:
    1088
    Last Refresh:
    May 20 at 9:55 pm

    Property Features for 493 S Seguin Ave

    General Information

    Standard status
    Active
    Size
    4,487 SF
    Lot size
    0.42 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 493 S Seguin Ave Contact us

    We can help!

    Listing Contact
    Cory Elrod
    Cory Elrod

    Listing agent Cory Elrod

    Listing office Legacy Commercial Real Estate

    Listing date Jun 15, 2023

    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 Legacy Commercial Real Estate

    HighLights

    • 4,487 SF Medical Office Building
    • Located near Downtown New Braunfels, TX
    • Previously used by a dermatologist
    • Multiple exam rooms and offices
    • Reception area and back nurses stations
    • Covered parking in the rear

    Overview

    A 4,487 square foot medical office building is available for lease at 493 S Seguin Ave in New Braunfels, TX. This property presents an opportunity to lease professional or medical office space near Downtown New Braunfels. Previously occupied by a dermatologist, the space includes multiple exam rooms and offices, a reception area, back nurses stations, a lab room, a break room, and covered parking in the rear.
    Property Profile Location Intelligence

    Current Use by Public Records

    getinastudy Medical Clinic Dr. Allison L. ... Physician Union Pacific Katy ... Train Yard Robert Kimlheim, DO Physician The Spine Group Physician

    Suggested Use

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

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

    Similar Places Nearby

    • Veterinary Medical Association of Bexar County — 1121 Eikel St, New Braunfels, TX 78130
    • Creek View Veterinary Clinic, PLLC — 1121 Eikel St, New Braunfels, TX 78130
    • Gary H. Brotze — 1121 Eikel St, New Braunfels, TX 78130
    • Comal County Veterinary Medical Association — 1121 Eikel St, New Braunfels, TX 78130
    • James W. Rierson — 1121 Eikel St, New Braunfels, TX 78130

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.1182
    Latitude
    29.6991

    Nearby Similar for Lease

    • $600/Mo
      110 SF

      Executive Office Space For Rent

      Private office space in New Braunfels near downtown.
      1111 N Walnut Avenue, New Braunfels, TX 78130
      View Details
    • $4,373/Mo
      7,412 SF

      New Braunfels Commercial Space Available

      Commercial space near IH-35, suitable for office or retail.
      1705 S Walnut Avenue, New Braunfels, TX 78130
      View Details
    • $995/Mo
      700 SF

      New Braunfels Executive Office Suite

      700+/- SF office suite with wooden accents and amenities.
      1155 Fm 2722, New Braunfels, TX 78132
      View Details
    • $2,250/Mo
      626 SF

      Charming Downtown Office Space

      Office space with private parking, restrooms, and outdoor patio.
      228 S Seguin Avenue, New Braunfels, TX 78130
      View Details
    • $650/Mo
      156 SF

      New Braunfels Private Office Space

      Private office space in a conveniently located New Braunfels building.
      1111 N Walnut Avenue, New Braunfels, TX 78130
      View Details
    • $1,500/Mo
      1,500 SF

      Flex Space in New Braunfels

      Flex space with easy access and small yard space.
      5323 FM 1044, New Braunfels, TX 78130
      View Details
    • $2,895/Mo
      2,148 SF

      Upscale Wellness Environment for Practitioners

      Elevated med spa and wellness suites for lease.
      C-626 Fm 1863, New Braunfels, TX 78132
      View Details
    • $1,000/Mo
      242 SF

      New Braunfels Private Office Space

      Private office space in a conveniently located New Braunfels building.
      1111 N Walnut Avenue, New Braunfels, TX 78130
      View Details
    • $1,890/Mo
      2,148 SF

      Medical Wellness Suite

      Limited suite inside an upscale med spa with reception support and wellness amenities for complementary practitioners.
      A-626 Fm 1863, New Braunfels, TX
      View Details
    • $2,200/Mo
      861 SF

      Versatile Live/Work Space in Freiheit

      Live/work unit with storefront in vibrant Freiheit Village.
      2165 Gabriels Place, New Braunfels, TX 78130
      View Details
    • $4,372/Mo
      7,412 SF

      Commercial Space Near IH-35

      Commercial space available near IH-35 in New Braunfels, TX.
      103-1705 S Walnut Ave, New Braunfels, TX
      View Details
    • $700/Mo
      900 SF

      Versatile Flex Space in New Braunfels

      Flexible-use space suitable for storage, workshop, or small business.
      786 S Castell Ave G, New Braunfels, TX 78130
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 4,487 SF medical office space available in New Braunfels, TX.
    Where is this medical office space located?
    The property is located at 493 S Seguin Ave New Braunfels, TX.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 4,487 SF Medical Office Building; Located near Downtown New Braunfels, TX; Previously used by a dermatologist
    (830) 214-3489 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cory Elrod
    Cory Elrod
    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

    Thank You for Inquiry
    493 S Seguin Ave, New Braunfels, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!