Sign Up Successful!
You now have access to more from Realmo!
    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

    967 N Academy Ave New Braunfels, TX 78130

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr ($4,177 /Mo)

    Creative office suites available for lease in New Braunfels, TX.

    Property size:
    2,785 SF
    Lot size:
    2,785 SF

    Property Features for 967 N Academy Ave

    General Information

    Size
    2,785 SF

    We can help!

    Listing Contact
    Will Henry
    Source: Legacycommercialre

    Listing Agent: Will Henry

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

    Learn more

    Overview

    Creative Office Suites For Lease

    Located at 967 N Academy St in New Braunfels, TX, this commercial property offers 2,785 square feet of creative office space for lease, situated within the Town Creek Development. The property is less than half a mile from Downtown New Braunfels, Landa Park, Comal River, Wurstfest grounds, and New Braunfels City Hall. The space is divided into two suites: Unit A, located on the first floor, provides 989 square feet, while Unit B, on the second floor, offers 1,796 square feet. Both suites feature flexible layouts and ample square footage suitable for various businesses. The suites are equipped with modern amenities and large windows that provide abundant natural light. The open floor plans offer versatility for tenants. Town Creek is a mixed-use community within walking distance of downtown New Braunfels, located on 65 acres on the banks of Comal Creek near its confluence with the Comal River. The community includes single-family houses, lofts, townhouses, live/work and office/retail spaces, and parks.
    Location Intelligence

    Current Use by Public Records

    Synthetic Dreams Tattoo ... Tattoo Shop

    Suggested Use

    Restaurant Law Firm Dental Office Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.117981
    Latitude
    29.692999

    Nearby Similar for Lease

    • $2,200 /Mo
      861 SF

      Versatile Live/Work Space in Freiheit

      Live/work unit with storefront in vibrant Freiheit Village.
      2165 Gabriels Pl, New Braunfels, TX 78130
      View Details
    • $4,049 /Mo
      3,239 SF

      New Braunfels Industrial Warehouse Space

      Industrial warehouse in commercial district, suitable for various businesses.
      218 Trade Center Dr, New Braunfels, TX 78130
      View Details
    • $3,000 /Mo
      3,200 SF

      Metal Shop with Highway Frontage

      Metal shop with office space for lease in New Braunfels.
      1448 State Highway 46, New Braunfels, TX 78130
      View Details
    • $3,100 /Mo
      3,000 SF

      New Braunfels Warehouse For Rent

      3,000 SF warehouse space available for lease in New Braunfels.
      119 Lakeside Pass, New Braunfels, TX 78130
      View Details
    • New
      $1,000 /Mo
      242 SF

      New Braunfels Private Office Space

      Private office space in a conveniently located New Braunfels building.
      1111 N Walnut Ave, New Braunfels, TX 78130
      View Details
    • $2,100 /Mo
      1,350 SF

      New Braunfels Commercial Space For Rent

      Commercial space near downtown square suitable for office or retail.
      320 E Faust St, New Braunfels, TX 78130
      View Details
    • $15,000 /Mo
      2,000 SF

      High-Visibility Commercial Lot on I-35

      1.375-acre commercial lot ideal for vehicle sales/leasing in New Braunfels.
      2250 S I-35 Expy, New Braunfels, TX 78130
      View Details
    • $2,125 /Mo
      850 SF

      Modern Office with Private Balcony

      Second-floor office space in a thriving commercial corridor.
      1147 N Academy Ave, New Braunfels, TX 78130
      View Details
    • New
      $550 /Mo
      108 SF

      Executive Office Space For Rent

      Private office space in high-traffic location near downtown New Braunfels.
      1111 N Walnut Ave, New Braunfels, TX 78130
      View Details
    • New
      $650 /Mo
      125 SF

      Private Office Space Available

      Commercial office space in a convenient New Braunfels location.
      1111 N Walnut Ave, New Braunfels, TX 78130
      View Details
    • $1,175 /Mo
      450 SF

      Modern Office with Private Balcony

      Second-floor office space in a thriving commercial corridor.
      1147 N Academy Ave, New Braunfels, TX 78130
      View Details
    • $600 /Mo
      95 SF

      Executive Office Space in New Braunfels

      Private office space with utilities included, convenient location in New Braunfels.
      1111 N Walnut Ave, New Braunfels, TX 78130
      View Details

    FAQs

    What type of property is this?
    Creative space - Creative office suites available for lease in New Braunfels, TX.
    Where is this creative space located?
    The property is located at 967 N Academy Ave New Braunfels, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime location less than 1/2 mile from Downtown New Braunfels, Landa Park, Comal River, Wurstfest grounds, and New Braunfels City Hall.; - Located within the vibrant Town Creek mixed-use development.; - Two suites available: 989 SF (Unit A) and 1,796 SF (Unit B), totaling 2,785 SF.
    (830) 708-9054
    Request Owner's contact information
    967 N Academy Ave 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.
    967 N Academy Ave
    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
    967 N Academy Ave 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
    Will Henry
    Real Estate License ID: TX #668108
    (830) 708-9054
    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.