Multi-Story Office
For Sale
$2,650,000
300-330 Wonder World Dr, San Marcos, TX 78666
Class A office building with three levels, elevator service, and multiple balcony spaces.
Property Size7,783 SF
Price / SF$340.49
Days on Market539
Property Features for 300-330 Wonder World Dr
General Information
Standard status
Active
Size
7,783 SF
Class
A
Total Parking Spaces
33
Additional Details
Highway Access
Yes
Building Details
Year Built
2020
Stories
3
Listing Agency:
Jenny Frisbie, BROKER
Listed By:
Jenny Frisbie · License #0471567
(512) 757-3723
Source:
Exprealty
Added: May 13, 2025
Changed: Oct 25
Last Checked: Nov 1 at 6:26AM
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
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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.
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.
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.
Key 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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$185,590
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,711,800
$3.7M
Cap Rate 7%
$2,651,286
$2.7M
Cap Rate 9%
$2,062,111
$2.1M
Market Conditions
NOI Build-Up for 7,783 SF
Gross rent
$326.9K $42.00/SF
− Vacancy
−$79.4K −$10.21/SF
EGI
$247.5K $31.79/SF
− OpEx
−$61.9K −$7.95/SF
NOI
$185.6K $23.85/SF
Area
Hays County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,711,800
Cap Rate 7%
$2,651,286
Cap Rate 9%
$2,062,111
Alternative Uses
Best Use
Office B
$2.65M
$2.32M – $3.09M
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
NOI $227,744 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
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
