Industrial Distribution Center with
For Sale
$999,500
180 Spring Mountain Drive, Canyon Lake, TX 78133
CommercialSale, Canyon Lake, TX
Property Size8,440 SF
Lot Size1.58 Acres
Price / SF$111.28
Days on Market547
Property Features for 180 Spring Mountain Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Garage, Oversize
Lot features
Level, Outside City Limits, Secluded
Elementary school district
Comal ISD
Middle school district
Comal ISD
High school district
Comal ISD
Directions
From I 35 north turn left onto FM306 13.1 mi Turn right onto Spring Mountain Dr 0.1 mi Turn right 69 ft Slight left Destination will be on the left
Standard status
Active
APN
77837
Size
8,982 SF
Lot size
1.58 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
A-388 SUR- 19 W J MILLS, ACRES 1.579
Tax Annual Amount
15259
Legal Description
A-388 SUR- 19 W J MILLS, ACRES 1.579
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Building Details
Year built
2008
Floors in Building
1
Flooring type
Concrete
Building materials
MetalFrame, MetalSiding
Roof type
Metal
Listing Agency:
Anders Pierce Realty, LLC
(830) 214-6002
Listed By:
Matthew Pierce · License #0565292
(512) 757-6224
Added: Apr 16, 2025
Changed: Sep 13
Last Checked: Oct 14 at 3:06AM
MLS# 576494
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2008, this metal-frame distribution center occupies 1.579 acres and combines administrative space with warehouse-oriented improvements. The building includes six offices, nine high-clearance overhead doors, concrete flooring, a metal roof, and central electric heating and cooling. On-site shipping container storage adds separate capacity for inventory or equipment.
The property also provides an outdoor yard, employee parking, and oversized garage parking. A septic tank serves the site, supporting its existing commercial configuration in Canyon Lake, Texas.
The property also provides an outdoor yard, employee parking, and oversized garage parking. A septic tank serves the site, supporting its existing commercial configuration in Canyon Lake, Texas.
Key Highlights
- 1.579‑acre commercial property in Canyon Lake, TX
- Six office spaces support administrative and management functions
- Nine high‑clearance overhead doors provide loading access
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
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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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Distribution center - Metal distribution facility with office accommodations, loading access, outdoor storage, and oversized parking.
Where is this distribution center located?
The property is located at 180 Spring Mountain Drive 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: 1.579‑acre commercial property in Canyon Lake, TX; Six office spaces support administrative and management functions; Nine high‑clearance overhead doors provide loading access
