Retail Space with Office
For Sale
Contact for pricing
211 W Lincoln Street 205/206, New Braunfels, TX 78130
Commercial unit offering retail, office, or food-service potential, subject to city approval for a change in use.
Property Size4,014 SF
Price / SF$1.25
Days on Market100
Property Features for 211 W Lincoln Street 205/206
General Information
Standard status
Active
Size
4,014 SF
Property subtype
CommercialLease
Listing Agency:
Craig Real Estate
Listed By:
Craig Hall · License #0454838
(210) 887-3659
Source:
Cornerstone-properties
Added: Jul 13
Changed: Oct 1
Last Checked: Oct 19 at 6:40AM
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 Craig Real Estate
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Investment Insights
Based on property information with market context.
Unit 205/206 comprises 4,014 SF of commercial space identified for retail use, with additional potential for office or food-service operations. Any change in use requires approval from the city before those alternatives can proceed.
The property is located at 211 W Lincoln Street in New Braunfels, directly across from Schlitterbahn/Six Flags. Its placement near these named attractions provides a clearly defined surrounding context for the space.
The property is located at 211 W Lincoln Street in New Braunfels, directly across from Schlitterbahn/Six Flags. Its placement near these named attractions provides a clearly defined surrounding context for the space.
Key Highlights
- 4,014 SF retail space in Unit 205/206
- City approval required for any change in use
- Potential applications include retail, office, or food service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,732
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,640
$1.1M
Cap Rate 7%
$767,600
$767.6K
Cap Rate 9%
$597,022
$597.0K
Market Conditions
NOI Build-Up for 4,014 SF
Gross rent
$80.0K $19.92/SF
− Vacancy
−$3.2K −$0.80/SF
EGI
$76.8K $19.12/SF
− OpEx
−$23.0K −$5.74/SF
NOI
$53.7K $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%
$1,074,640
Cap Rate 7%
$767,600
Cap Rate 9%
$597,022
Alternative Uses
Best Use
Office B
$781.5K
$683.8K – $911.8K
NOI $54,706 @ 7.0% cap · market cap 1,094.12%
Second Best
Retail
$767.6K
$671.7K – $895.5K
NOI $53,732 @ 7.0% cap · market cap 1,074.64%
Theoretical Best
Office A
$1.02M
$895.9K – $1.19M
NOI $71,673 @ 7.0% cap · market cap 1,433.46%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,637
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial unit offering retail, office, or food-service potential, subject to city approval for a change in use.
Where is this retail space located?
The property is located at 211 W Lincoln Street 205/206 New Braunfels, TX.
What are key features of this property?
This property features: 4,014 SF retail space in Unit 205/206; City approval required for any change in use; Potential applications include retail, office, or food service
