Commercial Land Redevelopment
For Sale
$295,000
1952 San Antonio, New Braunfels, TX 78130
Level commercial site with C3 zoning, including a nonlivable house and an additional detached storage/workshop structure.
Property Size1,386 SF
Lot Size0.32 Acres
Price / SF$212.84
Days on Market238
Property Features for 1952 San Antonio
General Information
Standard status
Active
Size
1,386 SF
Lot size
0.32 Acres
Property subtype
General Commercial
Zoning
C3
Amenities
Window Air Conditioning
3
C-3
6 Parking Spaces.
Building Details
Year Built
1954
Stories
1
Listing Agency:
Century 21 Randall Morris
(512) 353-1776
Listed By:
Andrew Gallegos · License #0516554
Source:
Xome
Added: Dec 16, 2025
Changed: Aug 8
Last Checked: Aug 10 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 Century 21 Randall Morris
Investment Insights
Based on property information with market context.
This commercial land offering at 1952 W San Antonio, New Braunfels, TX 78130 features a level lot positioned on 0.318 acres. The property includes a nonlivable house, suitable for teardown or full renovation, along with an additional detached structure that can support storage, workshop use, or future commercial adaptation.
Broad C3 zoning allowances support a wide range of business and redevelopment concepts, including retail, office, service-based operations, or mixed-use concepts. The site also includes existing utility access, creating a practical foundation for new construction or strategic repurposing.
Ideal for buyers seeking flexibility, the property combines commercial zoning, an adaptable site layout, and existing improvements that can be reworked or removed based on the intended redevelopment plan.
Broad C3 zoning allowances support a wide range of business and redevelopment concepts, including retail, office, service-based operations, or mixed-use concepts. The site also includes existing utility access, creating a practical foundation for new construction or strategic repurposing.
Ideal for buyers seeking flexibility, the property combines commercial zoning, an adaptable site layout, and existing improvements that can be reworked or removed based on the intended redevelopment plan.
Key Highlights
- 0.318‑acre level commercial site with C‑3 zoning.
- Includes a nonlivable house (tear down or full renovation) plus an additional detached storage/workshop structure.
- Zoned C‑3 with broad allowances for business uses, including retail, office, service‑based operations, or mixed‑use concepts.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,553
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$371,060
$371.1K
Cap Rate 7%
$265,043
$265.0K
Cap Rate 9%
$206,144
$206.1K
Market Conditions
NOI Build-Up for 1,386 SF
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.
Gross rent
$27.6K $19.92/SF
− Vacancy
−$1.1K −$0.80/SF
EGI
$26.5K $19.12/SF
− OpEx
−$8.0K −$5.74/SF
NOI
$18.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$371,060
Cap Rate 7%
$265,043
Cap Rate 9%
$206,144
Alternative Uses
Best Use
Retail
$265.0K
$231.9K – $309.2K
NOI $18,553 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.5K
$309.4K – $412.5K
NOI $24,748 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
282
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Level commercial site with C3 zoning, including a nonlivable house and an additional detached storage/workshop structure.
Where is this commercial land located?
The property is located at 1952 San Antonio New Braunfels, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 0.318‑acre level commercial site with C‑3 zoning.; Includes a nonlivable house (tear down or full renovation) plus an additional detached storage/workshop structure.; Zoned C‑3 with broad allowances for business uses, including retail, office, service‑based operations, or mixed‑use concepts.
