30685 Rice, Bulverde, TX 78163
Corner-lot property combines office, residential, and storage areas in two structures.
Property Features for 30685 Rice
General Information
Warehouse & Industrial
Building Details
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Investment Insights
Based on property information with market context.
A second 22x18 structure includes a 15x18 garage. The corner lot is heavily treed and includes a wet weather creek that feeds into a pond. The existing layout provides office, residential, storage, and garage areas within the property’s two-building configuration.
Key Highlights
- Main building includes two 14x14 offices, kitchen, laundry area, full bath, and 29x14 bedroom/game room
- 50x30 warehouse area within the main building
- Second 22x18 structure includes a 15x18 garage
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.9k | $22.08 |
| − Vacancy | −$7.1k | −$3.91 |
| EGI | $32.9k | $18.17 |
| − OpEx | −$8.2k | −$4.54 |
| NOI | $24.6k | $13.63 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 78163, TX
Market
Vacancy Rate% for Office in South region