Prime Corner Lot in New
For Sale
$1,232,500
211 N Business Ih 35, New Braunfels, TX 78130
High-traffic corner lot suitable for retail, restaurant, office, or automotive.
Property Size2,768 SF
Price / SF$445.27
Days on Market260
Property Features for 211 N Business Ih 35
General Information
Standard status
Active
Size
2,768 SF
Property subtype
CommercialSale
Listing Agency:
Collab-RT Realty, LLC
Listed By:
Ryan Parker · License #0652103
(830) 481-2233
Source:
Cornerstone-properties
Added: Jan 26
Changed: Oct 5
Last Checked: Oct 12 at 7:44PM
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 Collab-RT Realty, LLC
Investment Insights
Based on property information with market context.
This property is a prime corner lot located in New Braunfels, benefiting from high traffic exposure with over 45,000 cars passing by daily. The existing 3,000 sqft building includes three full bays, making it suitable for various business operations. Potential uses include a restaurant, bar, dealership, retail space, office, or medical facility. The property has housed a successful business since 1974. Situated at the intersection of Business 35 and Seguin St., the location provides convenient access via a side street. The seller is open to owner financing with favorable terms. The owner is willing to include the business if desired.
Key Highlights
- Prime corner lot location with high traffic exposure (45,000+ cars daily).
- 3,000 sqft building suitable for restaurant, bar, dealership, retail, office, or medical space.
- Seller is open to owner financing with favorable terms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,700
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,000
$794.0K
Cap Rate 7%
$567,143
$567.1K
Cap Rate 9%
$441,111
$441.1K
Market Conditions
NOI Build-Up for 2,768 SF
Gross rent
$55.1K $19.92/SF
− Vacancy
−$2.2K −$0.80/SF
EGI
$52.9K $19.12/SF
− OpEx
−$13.2K −$4.78/SF
NOI
$39.7K $14.34/SF
Area
Comal County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$794,000
Cap Rate 7%
$567,143
Cap Rate 9%
$441,111
Alternative Uses
Best Use
Specialty Retail
$567.1K
$496.3K – $661.7K
NOI $39,700 @ 7.0% cap · market cap 3.22%
Second Best
Office B
$538.9K
$471.6K – $628.8K
NOI $37,725 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$706.1K
$617.8K – $823.8K
NOI $49,425 @ 7.0% cap · market cap 4.01%
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
1,060
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Take 5 Oil Change — 1061 S Walnut Ave, New Braunfels, TX 78130
- Triple Diamond Polishing-Detailing, Metal Polishing & Protective Coatings — 851 I 35 Frontage Rd, New Braunfels, TX 78130
- Mr Fix-It Auto Service — 956 I 35 Frontage Rd, New Braunfels, TX 78130
- Morris Glass Co Farm Haus Glass & Fireplace — 950 I-35, New Braunfels, TX 78130
- Nameless Tint — 851 S 1-35 Suite L, New Braunfels, TX 78130
Frequently Asked Questions
What type of property is this?
Auto shop - High-traffic corner lot suitable for retail, restaurant, office, or automotive.
Where is this auto shop located?
The property is located at 211 N Business Ih 35 New Braunfels, TX.
What is the asking price?
The asking price for this property is $1,232,500.
What are key features of this property?
This property features: Prime corner lot location with high traffic exposure (45,000+ cars daily).; 3,000 sqft building suitable for restaurant, bar, dealership, retail, office, or medical space.; Seller is open to owner financing with favorable terms.
