Drive-Through
New
For Sale
$599,900
381 Partnership Rd, Seguin, TX 78155
Metal warehouse with attached air-conditioned office space, full bathroom, and a large yard for parking, maneuvering, and outdoor storage.
Property Size4,032 SF
Lot Size1.00 Acre
Price / SF$148.78
Days on Market5
Property Features for 381 Partnership Rd
General Information
Standard status
Active
Size
4,032 SF
Lot size
1.00 Acre
Property subtype
Warehouse/Storage
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Building Details
Year Built
1987
Construction
metal
Listing Agency:
Keller Williams Heritage
(512) 557-3348
Listed By:
Casey Ellis · License #0681138
(512) 557-3348
Source:
Pioneerrealtypartners
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 4 at 6:30AM
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 Keller Williams Heritage
Investment Insights
Based on property information with market context.
This approximately 4,032-square-foot metal warehouse occupies 1 acre and includes large sliding doors at both ends for drive-through access. The layout can accommodate trucks, trailers, equipment, loading activity, and warehouse operations. An attached air-conditioned office or living area with a full bathroom adds functional support space for daily business use or on-site management.
The property is located at 381 Partnership Rd in Seguin, between Marion and New Berlin, with access just seconds from I-10. The surrounding yard provides room for parking, vehicle circulation, and outdoor storage. Built in 1987, the facility is currently operating as Trinity Fleet & Auto and is configured for automotive repair, fleet maintenance, fabrication, construction, equipment service, storage, distribution, or related commercial operations.
The property is located at 381 Partnership Rd in Seguin, between Marion and New Berlin, with access just seconds from I-10. The surrounding yard provides room for parking, vehicle circulation, and outdoor storage. Built in 1987, the facility is currently operating as Trinity Fleet & Auto and is configured for automotive repair, fleet maintenance, fabrication, construction, equipment service, storage, distribution, or related commercial operations.
Key Highlights
- Approximately 4,032‑square‑foot metal warehouse on 1 acre
- Large sliding doors at both ends provide drive‑through access
- Attached air‑conditioned office/living quarters with a full bathroom
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 | $89.0k | $22.08 |
| − Vacancy | −$15.8k | −$3.91 |
| EGI | $73.3k | $18.17 |
| − OpEx | −$18.3k | −$4.54 |
| NOI | $55.0k | $13.63 |
4,032 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$785.0K
$686.9K – $915.9K
NOI $54,952 @ 7.0% cap · market cap 9.16%
Second Best
Retail
$771.0K
$674.7K – $899.6K
NOI $53,973 @ 7.0% cap · market cap 9.00%
Theoretical Best
Office A
$1.06M
$925.4K – $1.23M
NOI $74,028 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
22
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
Market
Properties on Market for Warehouses in Seguin
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Metal warehouse with attached air-conditioned office space, full bathroom, and a large yard for parking, maneuvering, and outdoor storage.
Where is this warehouse located?
The property is located at 381 Partnership Rd Seguin, TX.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Approximately 4,032‑square‑foot metal warehouse on 1 acre; Large sliding doors at both ends provide drive‑through access; Attached air‑conditioned office/living quarters with a full bathroom
