Operating Storage Facility with
For Sale
$2,500,000
4500 FM 1102 NEW BRAUNFELS TX 78132, New Braunfels, TX 78132
7+ acre property with storage units and development potential.
Property Size17,865 SF
Lot Size7.00 Acres
Price / SF$139.94
Days on Market697
Property Features for 4500 FM 1102 NEW BRAUNFELS TX 78132
General Information
Standard status
Active
Size
17,865 SF
Lot size
7.00 Acres
Property subtype
Commercial
Building Details
Year Built
1999
Stories
1
Listing Agency:
Tarrah Stewart, Broker
Listed By:
Tarrah Stewart · License #0718069
(830) 660-8131
Source:
Kwsanantonio
Added: Nov 22, 2024
Changed: Oct 1
Last Checked: Oct 16 at 5:39AM
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 Tarrah Stewart, Broker
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property features an operating storage facility business and over 7 acres of land. The property includes 102 fully operational storage units and 100 uncovered spaces suitable for boat and RV parking. The flexible zoning allows for various opportunities, making it appealing for entrepreneurs and developers. The property is centrally located between San Antonio and Austin, providing access to growing populations and major thoroughfares. The location is suitable for commercial or mixed-use development. This property offers steady income from storage operations and possibilities for expansion.
Key Highlights
- Operating Storage Facility: Features 102 storage units and 100 uncovered boat/RV parking spaces for immediate income.
- Prime Location: Situated between San Antonio and Austin, offering access to major markets.
- Development Potential: Over 7 acres of unused land available for commercial or mixed‑use development.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$165,673
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,313,460
$3.3M
Cap Rate 7%
$2,366,757
$2.4M
Cap Rate 9%
$1,840,811
$1.8M
Market Conditions
NOI Build-Up for 17,865 SF
Gross rent
$257.3K $14.40/SF
− Vacancy
−$20.6K −$1.15/SF
EGI
$236.7K $13.25/SF
− OpEx
−$71.0K −$3.97/SF
NOI
$165.7K $9.27/SF
Area
Comal County, TX
Vacancy
8.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,313,460
Cap Rate 7%
$2,366,757
Cap Rate 9%
$1,840,811
Alternative Uses
Best Use
Self Storage
$2.37M
$2.07M – $2.76M
NOI $165,673 @ 7.0% cap · market cap 6.63%
Second Best
Industrial
$1.53M
$1.34M – $1.78M
NOI $106,922 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$4.56M
$3.99M – $5.32M
NOI $318,994 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 78132, TX
37,475
Population
15,356
Households
2.4
Avg Household Size
43
Median Age
53%
College-Educated
96%
High-School Grad
179.3 sq mi
ZIP Area
209
Density / Sq Mi
$126,934
Median Household Income
$63,870
Median Earnings
$1,531
Median Rent
$570,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Self storage facility - 7+ acre property with storage units and development potential.
Where is this self storage facility located?
The property is located at 4500 FM 1102 NEW BRAUNFELS TX 78132 New Braunfels, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Operating Storage Facility: Features 102 storage units and 100 uncovered boat/RV parking spaces for immediate income.; Prime Location: Situated between San Antonio and Austin, offering access to major markets.; Development Potential: Over 7 acres of unused land available for commercial or mixed‑use development.
