Multi-Building Flex
For Sale
Contact for pricing
299 Navarro Dr, Seguin, TX 78155
Office and warehouse improvements across multiple buildings, with divisible suites and additional land for future construction.
Property Size16,500 SF
Lot Size3.12 Acres
Price / SF$148.42
Days on Market59
Property Features for 299 Navarro Dr
General Information
Standard status
Active
Size
16,500 SF
Lot size
3.12 Acres
Property subtype
INDUSTRIAL
Net Operating Income
$174,242
Building Details
Buildings
2
Listing Agency:
Legacy Commercial Real Estate
(830) 625-6400
Listed By:
Zac Barfield · License ##668872
(830) 310-4262
Source:
Moodyscre
Added: Aug 11
Changed: Sep 12
Last Checked: Oct 7 at 3:07PM
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 Legacy Commercial Real Estate
Investment Insights
Based on property information with market context.
This flex-space property combines 16,500 square feet of office and warehouse improvements across two buildings on approximately 3.12 acres. Building 1 contains 6,000 square feet arranged as four 1,500-square-foot units. Building 2 adds 10,500 square feet, configured as two 2,500-square-foot spaces and one 5,500-square-foot suite. One unit in the first building is vacant and available for lease, while the property also includes existing tenants.
The site is located at 299 Navarro Dr in Seguin, Texas. The acreage provides land beyond the current improvements for additional buildings, subject to applicable approvals and development requirements.
The site is located at 299 Navarro Dr in Seguin, Texas. The acreage provides land beyond the current improvements for additional buildings, subject to applicable approvals and development requirements.
Key Highlights
- 16,500 square feet of office and warehouse space on approximately 3.12 acres
- Two‑building configuration with divisible suites ranging from 1,500 to 5,500 square feet
- Building 1 includes four 1,500‑square‑foot units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$224,877
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,497,540
$4.5M
Cap Rate 7%
$3,212,529
$3.2M
Cap Rate 9%
$2,498,633
$2.5M
Market Conditions
NOI Build-Up for 16,500 SF
Gross rent
$364.3K $22.08/SF
− Vacancy
−$64.5K −$3.91/SF
EGI
$299.8K $18.17/SF
− OpEx
−$75.0K −$4.54/SF
NOI
$224.9K $13.63/SF
Area
Guadalupe County, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,497,540
Cap Rate 7%
$3,212,529
Cap Rate 9%
$2,498,633
Alternative Uses
Best Use
Office B
$3.21M
$2.81M – $3.75M
NOI $224,877 @ 7.0% cap · market cap 9.18%
Second Best
Flex RnD
$2.48M
$2.17M – $2.90M
NOI $173,745 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$4.33M
$3.79M – $5.05M
NOI $302,940 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78155, TX
51,772
Population
21,791
Households
2.4
Avg Household Size
40
Median Age
22%
College-Educated
85%
High-School Grad
355.5 sq mi
ZIP Area
146
Density / Sq Mi
$71,367
Median Household Income
$38,985
Median Earnings
$1,149
Median Rent
$246,000
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
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Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse improvements across multiple buildings, with divisible suites and additional land for future construction.
Where is this flex space located?
The property is located at 299 Navarro Dr Seguin, TX.
What is the asking price?
The asking price for this property is $2,449,000.
What are key features of this property?
This property features: 16,500 square feet of office and warehouse space on approximately 3.12 acres; Two‑building configuration with divisible suites ranging from 1,500 to 5,500 square feet; Building 1 includes four 1,500‑square‑foot units
