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    Multi-Story Office Building Title is generated by Realmo AI

    300-330 Wonder World Dr, San Marcos, TX 78666

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    For Sale
    $2,650,000

    Class A office building with three levels, elevator service, and multiple balcony spaces.

    Property size:
    7,783 SF
    Price / SF:
    $340/SF
    Added:
    May 13, 2025
    Days on Market:
    404
    Last Refresh:
    Jun 17 at 2:15 am

    Property Features for 300-330 Wonder World Dr

    General Information

    Standard status
    Active
    Size
    7,783 SF

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    Listing Contact
    Jenny Frisbie

    Listing agent Jenny Frisbie License #0471567

    Listing office Jenny Frisbie, BROKER

    Listing date May 13, 2025

    Source Exprealty

    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

    HighLights

    • 7,783 SF Class A office space across three levels with elevator service and stairs to each floor
    • Building constructed in 2020 with multiple balcony spaces
    • First and second floors feature a mix of individual offices, conference/open area space, kitchen/break areas, and men’s/women’s restrooms
    • Third floor includes a common area plus two large offices, each with a private bathroom
    • 33 parking spaces plus landscaping with a sprinkler system
    • Road and building signage space; about 1/2 mile from IH 35 in San Marcos

    Overview

    Constructed in 2020, this Class A office building offers approximately 7,783 square feet across three levels, with multiple balconies and an elevator or stairs servicing each floor. The first and second floors combine individual offices with conference and/or open area space, along with kitchen or break areas and men’s and women’s restrooms. The third floor includes a common area and two large offices, each with its own bathroom. Building and road signage space is available, and landscaping is supported by a sprinkler system.

    The property is located about one-half mile from IH 35 and positioned in the center of a quickly growing San Marcos area. A total of 33 parking spaces supports on-site vehicle access for tenants and visitors.

    This building is well suited for professional users seeking a Class A office environment with dedicated office configurations on multiple floors. With restrooms and kitchen or break areas distributed through the layout, it can accommodate a range of team sizes and meeting needs, while the third floor’s larger offices and suite-style setup may appeal to management or department-specific space requirements.

    Local 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 local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    Hays
    State
    Texas
    Longitude
    -97.959858
    Latitude
    29.8622581

    FAQs

    What type of property is this?
    Office building - Class A office building with three levels, elevator service, and multiple balcony spaces.
    Where is this office building located?
    The property is located at 300-330 Wonder World Dr 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 SF Class A office space across three levels with elevator service and stairs to each floor; Building constructed in 2020 with multiple balcony spaces; First and second floors feature a mix of individual offices, conference/open area space, kitchen/break areas, and men’s/women’s restrooms
    More about this property
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