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Class A Office Building
For Sale
$2,650,000

330 Wonder World Dr 300, San Marcos, TX 78666

Modern office building in growing San Marcos location.

Property Size7,783 SF
Lot Size0.75 Acres
Price / SF$340.49
Days on Market147

Property Features for 330 Wonder World Dr 300

General Information

Standard status Active
Size 7,783 SF
Lot size 0.75 Acres
Property subtype Commercial

Building Details

Year Built 2020
Listing Agency: Jenny Frisbie, BROKER
Listed By: Jenny Frisbie · License #0471567
Source: Elliman
Added: Mar 11 Changed: Jul 6 Last Checked: Aug 3 at 8:12AM

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 Jenny Frisbie, BROKER

Investment Insights

Based on property information with market context.

This Class A office building, constructed in 2020, offers 7,783 square feet of space across three levels, accessible by elevator or stairs. The property features multiple balconies providing views. The first and second floors include a combination of individual offices, conference and open areas, kitchen and break areas, and restrooms. The third floor contains a common area and two large offices, each with a private bathroom. The property includes 33 parking spaces and landscaping with a sprinkler system. Building and road signage space is available. The location is approximately one-half mile from IH 35, situated in the center of the rapidly growing San Marcos area.

Key Highlights

  • 7,783 sq ft of Class A space built in 2020
  • Excellent location 1/2 mile from IH 35 in growing San Marcos
  • Three levels with elevator access

Financial Insights For Office B

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 $326.9k $42.00
− Vacancy −$79.4k −$10.21
EGI $247.5k $31.79
− OpEx −$61.9k −$7.95
NOI $185.6k $23.85
7,783 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.65M
$2.32M – $3.09M (±1% cap)
NOI $185,590 @ 7.0% cap · market cap 7.00%
Second Best
no second resolved use
Theoretical Best
Office A
$3.25M
$2.85M – $3.80M (±1% cap)
NOI $227,744 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Investors Property Management ... Property Management Company Andrew Phillips - Century ... Real Estate Agency Century 21 Randall ... Real Estate Agency Matt Murphree - Realtor ... Real Estate Agency Sandra Nichols Century ... Real Estate Agency

Suggested Use

Top Pick Kitchen & Bath Showroom Law Firm Building Supply HVAC Service Daycare Center Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

823
Businesses Nearby

Demographics for 78666, TX

86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Modern office building in growing San Marcos location.
Where is this office building located?
The property is located at 330 Wonder World Dr 300 San Marcos, TX.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 7,783 sq ft of Class A space built in 2020; Excellent location 1/2 mile from IH 35 in growing San Marcos; Three levels with elevator access
More about this property
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