Three-Bay Auto
For Sale
$1,232,500
211 N Business Ih 35, New Braunfels, TX 78130
CommercialSale, New Braunfels, TX
Property Size3,000 SF
Lot Size0.22 Acres
Price / SF$445.27
Days on Market137
Property Features for 211 N Business Ih 35
General Information
Property type
Commercial Sale
Property subtype
Other
Interior features
Storage
Exterior features
Lighting, Storage
Subdivision
Kuehler Add
Lot features
City Lot, Less Than Quarter Acre
Elementary school district
New Braunfels ISD
Middle school district
New Braunfels ISD
High school district
New Braunfels ISD
Directions
From IH 35, take Seguin Ave. towards downtown New Braunfels. Take a right on Kessler St. and then an immediate right on Comal Ave. Property will be on your left.
Standard status
Active
APN
692
Size
2,768 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
KUEHLER ADDITION, NEW CITY BLOCK 1058, LOT 1-2-13-14-PT OF ALL
Tax Annual Amount
6214
Legal Description
KUEHLER ADDITION, NEW CITY BLOCK 1058, LOT 1-2-13-14-PT OF ALL
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Flooring type
Combination
Building materials
Block
Additional Structures
Storage
Listing Agency:
Collab-RT Realty, LLC
(830) 481-2233
Listed By:
Ryan Parker · License #0652103
(210) 439-4471
Added: Apr 29
Changed: Aug 20
Last Checked: Sep 12 at 6:06PM
MLS# 571299
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.
This auto shop occupies a 0.222-acre corner parcel at 211 N Business Ih 35 in New Braunfels. The building includes three full service bays, storage areas, block construction, combination flooring, central heating, and central air conditioning. Public water and public sewer serve the property.
The site is positioned at Business 35 and Seguin St., with access from a side street and exposure to approximately 45,000 vehicles per day. The property has housed an established business since 1974, and the seller has indicated that the business may be included separately if desired.
The site is positioned at Business 35 and Seguin St., with access from a side street and exposure to approximately 45,000 vehicles per day. The property has housed an established business since 1974, and the seller has indicated that the business may be included separately if desired.
Key Highlights
- Three full service bays for automotive operations
- 0.222‑acre corner parcel in New Braunfels
- Exposure to approximately 45,000 vehicles per day
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
$39,700
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
3.22%
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%
$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
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
$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 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%
$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
Retail
$529.3K
$463.2K – $617.6K
NOI $37,053 @ 7.0% cap · market cap 3.01%
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Service bays
45,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 - Corner property with central HVAC, storage, lighting, and public utilities.
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: Three full service bays for automotive operations; 0.222‑acre corner parcel in New Braunfels; Exposure to approximately 45,000 vehicles per day
