Prime Corner Lot in New
211 N Business Ih 35 New Braunfels, TX 78130
211 N Business Ih 35, New Braunfels, TX, 78130
$1,232,500
For Sale
$1,232,500
High-traffic corner lot suitable for retail, restaurant, office, or automotive.
Property Size3,000 SF
Lot Size0.22 Acres
Price / SF$410.83
Days on Market507
Property Features for 211 N Business Ih 35
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.22 Acres
Listing Agency
Collab-RT Realty, LLC
(830) 481-2233
Listed by
Ryan Parker · License #0652103
(830) 481-2233
Source
Exprealty
Added: Feb 27, 2025 Checked: Jul 19 at 5:48 am
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 Collab-RT Realty, LLC
Investment Insights
Based on property information with market context.
This property is a prime corner lot located in New Braunfels, benefiting from high traffic exposure with over 45,000 cars passing by daily. The existing 3,000 sqft building includes three full bays, making it suitable for various business operations. Potential uses include a restaurant, bar, dealership, retail space, office, or medical facility. The property has housed a successful business since 1974. Situated at the intersection of Business 35 and Seguin St., the location provides convenient access via a side street. The seller is open to owner financing with favorable terms. The owner is willing to include the business if desired.
Key Highlights
- Prime corner lot location with high traffic exposure (45,000+ cars daily).
- 3,000 sqft building suitable for restaurant, bar, dealership, retail, office, or medical space.
- Seller is open to owner financing with favorable terms.
Local Financial Insights For Specialty Retail
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 | $59.8k | $19.92 |
| − Vacancy | −$2.4k | −$0.80 |
| EGI | $57.4k | $19.12 |
| − OpEx | −$14.3k | −$4.78 |
| NOI | $43.0k | $14.34 |
3,000 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$614.7K
$537.8K – $717.1K
NOI $43,027 @ 7.0% cap · market cap 3.49%
Second Best
Office B
$584.1K
$511.1K – $681.5K
NOI $40,887 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$765.2K
$669.6K – $892.8K
NOI $53,567 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Triple Diamond Polishing-Detailing, Metal Polishing & Protective Coatings — 851 I 35 Frontage Rd, New Braunfels, TX 78130
- Nameless Tint — 851 S 1-35 Suite L, New Braunfels, TX 78130
- Mr Fix-It Auto Service — 956 I 35 Frontage Rd, New Braunfels, TX 78130
- Take 5 Oil Change — 1061 S Walnut Ave, New Braunfels, TX 78130
- Morris Glass Co Farm Haus Glass & Fireplace — 950 I-35, New Braunfels, TX 78130
FAQs
What type of property is this?
Auto shop - High-traffic corner lot suitable for retail, restaurant, office, or automotive.
Where is this auto shop located?
The property is located at 211 N Business Ih 35 New Braunfels, TX.
What is the asking price?
The asking price for this property is $1,232,500.
What are key features of this property?
This property features: Prime corner lot location with high traffic exposure (45,000+ cars daily).; 3,000 sqft building suitable for restaurant, bar, dealership, retail, office, or medical space.; Seller is open to owner financing with favorable terms.
