New Braunfels Industrial
180 Spring Mountain Dr Canyon Lake, TX 78133
180 Spring Mountain Dr, Canyon Lake, TX, 78133
$1,299,900
For Sale
$1,299,900
8,440 sq. ft. metal building on 1.579 acres.
Property Size8,440 SF
Lot Size1.58 Acres
Price / SF$154.02
Days on Market135
Property Features for 180 Spring Mountain Dr
General Information
- Standard status
- Active
- Size
- 8,440 SF
- Lot size
- 1.58 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agency
ANDERS PIERCE REALTY, LLC
(512) 757-6224
Listed by
Matthew Pierce · License #0565292
(512) 757-6224
Source
Elliman
Added: Mar 10 Updated: Jul 10 at 3:48PM Checked: Jul 21 at 9:08AM
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 ANDERS PIERCE REALTY, LLC
Investment Insights
Based on property information with market context.
This commercial property is located in the New Braunfels area and is suitable for distribution, logistics, or industrial operations. The property is situated on 1.579 acres and includes an 8,440 sq. ft. metal building designed to support administrative and operational needs. The interior features six office spaces and nine high-clearance overhead doors for loading, unloading, and warehouse functionality. The property also includes expansive yard space, employee parking, and on-site shipping container storage. This property is suitable for business expansion or relocation.
Key Highlights
- Strategic location in the thriving New Braunfels area, ideal for distribution, logistics, or industrial operations.
- 8,440 sq. ft. metal building designed for administrative and operational needs.
- Nine high‑clearance overhead doors for seamless loading, unloading, and warehouse functionality.
Local Financial Insights For Warehouse
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 | $76.0k | $9.00 |
| − Vacancy | −$3.8k | −$0.45 |
| EGI | $72.2k | $8.55 |
| − OpEx | −$10.8k | −$1.28 |
| NOI | $61.3k | $7.27 |
8,440 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$876.3K
$766.7K – $1.02M
NOI $61,338 @ 7.0% cap · market cap 4.72%
Second Best
Industrial
$721.6K
$631.4K – $841.9K
NOI $50,513 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,703 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Distribution centers
Similar For Sale Nearby
Similar Off Market Nearby
- CubeSmart Self Storage — 13825 FM306, Canyon Lake, TX 78133
FAQs
What type of property is this?
Warehouse - 8,440 sq. ft. metal building on 1.579 acres.
Where is this warehouse located?
The property is located at 180 Spring Mountain Dr Canyon Lake, TX.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Strategic location in the thriving New Braunfels area, ideal for distribution, logistics, or industrial operations.; 8,440 sq. ft. metal building designed for administrative and operational needs.; Nine high‑clearance overhead doors for seamless loading, unloading, and warehouse functionality.