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
Lot Size0.22 Acres
Price / SF$410.83
Days on Market235
Property Features for 211 N Business Ih 35
General Information
Standard status
Active
Size
2,768 SF
Lot size
0.22 Acres
Property subtype
Commercial
Building Details
Building Size
2,768 SF
Year Built
1955
Stories
1
Listing Agency:
Collab-RT Realty, LLC
Listed By:
Ryan Parker · License #0652103
(830) 481-2233
Source:
Elliman
Added: Mar 11
Changed: Oct 31
Last Checked: Oct 30 at 2:28PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a corner lot in New Braunfels with high traffic exposure, seeing over 45,000 cars passing by daily. The 3,000 sqft building features three full bays, making it suitable for a variety of uses, including restaurant, bar, dealership, retail, office, or medical space. The property has been home to a successful business since 1974. It is situated at the intersection of Business 35 and Seguin St., with convenient access via a side street. The owner is open to owner financing with favorable terms and is willing to include the business if desired.
Key Highlights
- High‑traffic corner lot with 45,000+ daily car count, providing exceptional visibility.
- 3,000 sqft building suitable for restaurant, bar, dealership, retail, office, or medical space.**
- Seller offers owner financing with favorable terms.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,159
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,180
$803.2K
Cap Rate 7%
$573,700
$573.7K
Cap Rate 9%
$446,211
$446.2K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$59.8K $19.92/SF
− Vacancy
−$2.4K −$0.80/SF
EGI
$57.4K $19.12/SF
− OpEx
−$17.2K −$5.74/SF
NOI
$40.2K $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%
$803,180
Cap Rate 7%
$573,700
Cap Rate 9%
$446,211
Alternative Uses
Best Use
Retail
$573.7K
$502.0K – $669.3K
NOI $40,159 @ 7.0% cap · market cap 3.26%
Second Best
Industrial
$256.5K
$224.4K – $299.3K
NOI $17,955 @ 7.0% cap · market cap 1.46%
Theoretical Best
Office A
$765.2K
$669.6K – $892.8K
NOI $53,567 @ 7.0% cap · market cap 4.35%
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
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 Retail in South region
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: High‑traffic corner lot with 45,000+ daily car count, providing exceptional visibility.; 3,000 sqft building suitable for restaurant, bar, dealership, retail, office, or medical space.**; Seller offers owner financing with favorable terms.
