Office Unit Near
For Sale
Contact for pricing
Pending
1705 S Walnut Avenue 103, New Braunfels, TX 78130
Commercial suite near retail, restaurants, shopping centers, and Walmart.
Property Size7,412 SF
Days on Market89
Property Features for 1705 S Walnut Avenue 103
General Information
Standard status
Pending
Size
7,412 SF
Listing Agency:
Windle Real Estate, LLC
Listed By:
Wayne Windle · License #0411504
(915) 203-6361
Source:
Cornerstone-properties
Added: Jul 20
Changed: Oct 5
Last Checked: Oct 16 at 8:45AM
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 Windle Real Estate, LLC
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Investment Insights
Based on property information with market context.
This office unit is located at 1705 S Walnut Avenue, Suite 103, in New Braunfels. The space is positioned for office, retail, or service-oriented use, subject to verification of zoning and permitted use.
The property offers convenient access to IH-35 and is near retail, restaurants, shopping centers, and Walmart. Its setting within a growing commercial corridor places everyday commercial amenities close to the suite.
The property offers convenient access to IH-35 and is near retail, restaurants, shopping centers, and Walmart. Its setting within a growing commercial corridor places everyday commercial amenities close to the suite.
Key Highlights
- Office unit at 1705 S Walnut Avenue, Suite 103, New Braunfels, TX 78130
- Near IH‑35 with convenient regional access
- Close to retail, restaurants, shopping centers, and Walmart
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,219
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,984,380
$2.0M
Cap Rate 7%
$1,417,414
$1.4M
Cap Rate 9%
$1,102,433
$1.1M
Market Conditions
NOI Build-Up for 7,412 SF
Gross rent
$147.6K $19.92/SF
− Vacancy
−$5.9K −$0.80/SF
EGI
$141.7K $19.12/SF
− OpEx
−$42.5K −$5.74/SF
NOI
$99.2K $13.39/SF
Area
Comal County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,984,380
Cap Rate 7%
$1,417,414
Cap Rate 9%
$1,102,433
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $101,017 @ 7.0% cap · market cap 2,310.54%
Second Best
Retail
$1.42M
$1.24M – $1.65M
NOI $99,219 @ 7.0% cap · market cap 2,269.42%
Theoretical Best
Office A
$1.89M
$1.65M – $2.21M
NOI $132,347 @ 7.0% cap · market cap 3,027.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
247
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 units - Commercial suite near retail, restaurants, shopping centers, and Walmart.
Where is this office units located?
The property is located at 1705 S Walnut Avenue 103 New Braunfels, TX.
What are key features of this property?
This property features: Office unit at 1705 S Walnut Avenue, Suite 103, New Braunfels, TX 78130; Near IH‑35 with convenient regional access; Close to retail, restaurants, shopping centers, and Walmart
