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Retail and Lumber Facility with Apartment
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16965 Ranch Road 12, Wimberley, TX 78676

Climate-controlled retail showroom and office plus covered drive-thru lumber area with an integrated second-floor apartment.

Property Size15,714 SF
Lot Size6.15 Acres
Price / SF$254.55
Days on Market62

Property Features for 16965 Ranch Road 12

General Information

Standard status Active
Size 15,714 SF
Lot size 6.15 Acres
Property subtype Retail

Building Details

Year Built 2008
Listing Agency: Oldham Goodwin Group
Listed By: Steve Monroe · License #561910
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 4 at 12:15PM

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 Oldham Goodwin Group

Investment Insights

Based on property information with market context.

This property offers a combined retail and lumber facility configured to support both showroom operations and delivery-oriented material handling. The improvements include 15,714 SF of climate-controlled retail showroom and office space with an integrated second-floor apartment. Complementing the indoor uses is approximately 14,000 SF of covered lumber drive-thru, along with ancillary storage structures designed to support day-to-day commercial throughput.

The site sits on approximately 6.15 acres along Ranch Road 12 in Wimberley. It is positioned within the Austin–San Antonio growth corridor, with proximity to major transportation routes connecting to Austin, San Marcos, and surrounding communities.

For owner-users and investors seeking an established facility, the mix of climate-controlled showroom and office space with on-site apartment access provides flexibility for retail, lumber, and related commercial uses. The covered drive-thru and storage support operations that benefit from covered staging and efficient flow between customer-facing space and materials handling. The scale and existing improvements are intended to reduce the need for new buildout while maintaining a functional setup for a variety of commercial scenarios.

Key Highlights

  • 12,114 SF retail and lumber facility on approx. 6.15 acres along Ranch Road 12 in Wimberley
  • 15,714 SF climate‑controlled retail showroom and office space with an integrated second‑floor apartment
  • 14,000 SF covered lumber drive‑thru plus ancillary storage structures

Financial Insights For Retail

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 $409.2k $26.04
− Vacancy −$13.9k −$0.89
EGI $395.3k $25.15
− OpEx −$118.6k −$7.55
NOI $276.7k $17.61
15,714 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$3.95M
$3.46M – $4.61M (±1% cap)
NOI $276,696 @ 7.0% cap · market cap 6.92%
Second Best
Warehouse
$2.26M
$1.98M – $2.64M (±1% cap)
NOI $158,206 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$6.57M
$5.75M – $7.66M (±1% cap)
NOI $459,819 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Spa & Massage Center Pharmacy

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

377
Businesses Nearby

Demographics for 78676, TX

14,713
Population
7,487
Households
2
Avg Household Size
52
Median Age
50%
College-Educated
93%
High-School Grad
167.8 sq mi
ZIP Area
88
Density / Sq Mi
$86,819
Median Household Income
$44,745
Median Earnings
$1,432
Median Rent
$476,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Climate-controlled retail showroom and office plus covered drive-thru lumber area with an integrated second-floor apartment.
Where is this retail space located?
The property is located at 16965 Ranch Road 12 Wimberley, TX.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 12,114 SF retail and lumber facility on approx. 6.15 acres along Ranch Road 12 in Wimberley; 15,714 SF climate‑controlled retail showroom and office space with an integrated second‑floor apartment; 14,000 SF covered lumber drive‑thru plus ancillary storage structures
More about this property
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