Multi-Office
For Sale
Contact for pricing
1619 E Common St, New Braunfels, TX 78130
Flexible office configuration with private rooms and expansive open work areas, currently leased to a tenant.
Property Size4,000 SF
Price / SF$450
Days on Market67
Property Features for 1619 E Common St
General Information
Standard status
Active
Size
4,000 SF
Property subtype
OFFICE
Occupancy
100%
Building Details
Building Size
4,000 SF
Tenancy
Single
Listing Agency:
Legacy Commercial Real Estate
(830) 625-6400
Listed By:
Will Henry · License ##668108
(830) 708-9054
Source:
Moodyscre
Added: Aug 11
Changed: Oct 14
Last Checked: Oct 15 at 2:28AM
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 Legacy Commercial Real Estate
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Investment Insights
Based on property information with market context.
Building H is a 4,000-square-foot office property at 1619 E Common St in New Braunfels, Texas. The interior includes multiple private offices alongside expansive open areas, creating a practical configuration for office operations with varied workspace requirements.
The building is currently 100% leased to a tenant, providing an existing occupancy profile for an office building investor or owner-operator. Its address is 1619 E Common St, Building H, New Braunfels, TX 78130.
The building is currently 100% leased to a tenant, providing an existing occupancy profile for an office building investor or owner-operator. Its address is 1619 E Common St, Building H, New Braunfels, TX 78130.
Key Highlights
- 4,000 SF office building in New Braunfels, TX
- 100% leased to a tenant
- Multiple private offices support varied workspace needs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,516
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,320
$1.1M
Cap Rate 7%
$778,800
$778.8K
Cap Rate 9%
$605,733
$605.7K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$88.3K $22.08/SF
− Vacancy
−$15.6K −$3.91/SF
EGI
$72.7K $18.17/SF
− OpEx
−$18.2K −$4.54/SF
NOI
$54.5K $13.63/SF
Area
Comal County, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,090,320
Cap Rate 7%
$778,800
Cap Rate 9%
$605,733
Alternative Uses
Best Use
Office B
$778.8K
$681.5K – $908.6K
NOI $54,516 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$892.8K – $1.19M
NOI $71,423 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 78130, TX
88,349
Population
40,810
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
971
Density / Sq Mi
$84,426
Median Household Income
$45,253
Median Earnings
$1,525
Median Rent
$296,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Flexible office configuration with private rooms and expansive open work areas, currently leased to a tenant.
Where is this office building located?
The property is located at 1619 E Common St New Braunfels, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 4,000 SF office building in New Braunfels, TX; 100% leased to a tenant; Multiple private offices support varied workspace needs
