Flex Space Building on Corner
For Sale
$1,400,000
1308 N Bowie, Seguin, TX 78155
Corner-lot commercial building with upgrade work underway and potential for multiple suites.
Property Size10,500 SF
Lot Size0.96 Acres
Price / SF$133.33
Days on Market54
Property Features for 1308 N Bowie
General Information
Standard status
Active
Size
10,500 SF
Lot size
0.96 Acres
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Anders Pierce Realty
Listed By:
Heath Anders · License #0498440
(830) 534-8811
Source:
Thebranchinc
Added: Aug 22
Changed: Oct 5
Last Checked: Oct 7 at 3:50PM
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 Anders Pierce Realty
Investment Insights
Based on property information with market context.
The 10,500-square-foot flex space building occupies a 0.96-acre corner parcel at 1308 N Bowie in Seguin, Texas. Constructed in 1900, the property has begun receiving basic upgrades and offers an existing commercial structure for continued improvement.
The owner is open to dividing the building into several units, with availability for sale or lease at different levels of finish-out. Its position along an east-west main artery adds direct exposure within the local commercial setting.
The owner is open to dividing the building into several units, with availability for sale or lease at different levels of finish-out. Its position along an east-west main artery adds direct exposure within the local commercial setting.
Key Highlights
- 10,500‑square‑foot flex space building
- 0.96‑acre corner lot at 1308 N Bowie, Seguin, TX 78155
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,565
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,211,300
$2.2M
Cap Rate 7%
$1,579,500
$1.6M
Cap Rate 9%
$1,228,500
$1.2M
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$189.0K $18.00/SF
− Vacancy
−$18.9K −$1.80/SF
EGI
$170.1K $16.20/SF
− OpEx
−$59.5K −$5.67/SF
NOI
$110.6K $10.53/SF
Area
Guadalupe County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,211,300
Cap Rate 7%
$1,579,500
Cap Rate 9%
$1,228,500
Alternative Uses
Best Use
Flex RnD
$1.58M
$1.38M – $1.84M
NOI $110,565 @ 7.0% cap · market cap 7.90%
Second Best
Warehouse
$1.09M
$953.9K – $1.27M
NOI $76,309 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$2.75M
$2.41M – $3.21M
NOI $192,780 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
415
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78155, TX
51,772
Population
21,791
Households
2.4
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
355.5 sq mi
ZIP Area
146
Density / Sq Mi
$71,367
Median Household Income
$38,985
Median Earnings
$1,149
Median Rent
$246,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Guero's Backyard — 1202 N Austin St, Seguin, TX 78155
Frequently Asked Questions
What type of property is this?
Flex space - Corner-lot commercial building with upgrade work underway and potential for multiple suites.
Where is this flex space located?
The property is located at 1308 N Bowie Seguin, TX.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 10,500‑square‑foot flex space building; 0.96‑acre corner lot at 1308 N Bowie, Seguin, TX 78155; Built in 1900
