Distribution Center with Loading
For Sale
$999,500
180 Spring Mountain, Canyon Lake, TX 78133
Metal industrial facility combines administrative offices with warehouse access, yard space, employee parking, and container storage.
Property Size8,440 SF
Lot Size1.58 Acres
Price / SF$111.28
Days on Market48
Property Features for 180 Spring Mountain
General Information
Standard status
Active
Size
8,440 SF
Lot size
1.58 Acres
Additional Details
Outdoor Storage
Yes
Building Details
Year Built
2008
Buildings
1
Building Size
8,440 SF
Construction
metal building
Listing Agency:
Anders Pierce Realty
Listed By:
Matthew Pierce · License #0565292
(512) 757-6224
Source:
Drialtor
Added: Sep 19
Changed: Oct 25
Last Checked: Oct 7 at 4:53PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This distribution center includes an 8,440-square-foot metal building completed in 2008. The interior provides six office spaces for administrative and management functions, while nine high-clearance overhead doors support warehouse access and loading operations. The property also includes exterior yard space, employee parking, and on-site shipping container storage across 1.579 acres.
Located at 180 Spring Mountain in Canyon Lake, Texas, the property is identified within the New Braunfels area. Its combination of office accommodation, high-clearance loading access, outdoor storage, and parking supports distribution, logistics, and industrial operations.
Located at 180 Spring Mountain in Canyon Lake, Texas, the property is identified within the New Braunfels area. Its combination of office accommodation, high-clearance loading access, outdoor storage, and parking supports distribution, logistics, and industrial operations.
Key Highlights
- 8,440‑square‑foot metal building completed in 2008
- Six office spaces for administrative and management functions
- Nine high‑clearance overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,277
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,305,540
$1.3M
Cap Rate 7%
$932,529
$932.5K
Cap Rate 9%
$725,300
$725.3K
Market Conditions
NOI Build-Up for 8,982 SF
Gross rent
$80.8K $9.00/SF
− Vacancy
−$4.0K −$0.45/SF
EGI
$76.8K $8.55/SF
− OpEx
−$11.5K −$1.28/SF
NOI
$65.3K $7.27/SF
Area
Comal County, TX
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,305,540
Cap Rate 7%
$932,529
Cap Rate 9%
$725,300
Alternative Uses
Best Use
Warehouse
$932.5K
$816.0K – $1.09M
NOI $65,277 @ 7.0% cap · market cap 6.53%
Second Best
Industrial
$768.0K
$672.0K – $896.0K
NOI $53,757 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$2.29M
$2.00M – $2.67M
NOI $160,381 @ 7.0% cap · market cap 16.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 78133, TX
20,787
Population
11,208
Households
1.9
Avg Household Size
52
Median Age
33%
College-Educated
94%
High-School Grad
75.5 sq mi
ZIP Area
275
Density / Sq Mi
$80,777
Median Household Income
$45,470
Median Earnings
$1,236
Median Rent
$300,100
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
Frequently Asked Questions
What type of property is this?
Distribution center - Metal industrial facility combines administrative offices with warehouse access, yard space, employee parking, and container storage.
Where is this distribution center located?
The property is located at 180 Spring Mountain Canyon Lake, TX.
What is the asking price?
The asking price for this property is $999,500.
What are key features of this property?
This property features: 8,440‑square‑foot metal building completed in 2008; Six office spaces for administrative and management functions; Nine high‑clearance overhead doors
