Office Unit with Three
New
For Sale
Contact for pricing
406-124 E Bandera Rd, Boerne, TX 78006
The layout pairs enclosed workrooms with an open desk area, a kitchen, and an ADA bathroom.
Property Size1,273 SF
Price / SF$1.83
Days on Market5
Property Features for 406-124 E Bandera Rd
General Information
Standard status
Active
Size
1,273 SF
Additional Details
Highway Access
Yes
Office Units
1
Taxes and HOA fees
Annual Taxes
$3,939
Building Details
Tenancy
Multi
Listing Agency:
Mangus Realty Group
(830) 331-1028
Listed By:
Tony Mangus · License #9005511
(210) 413-8229
Source:
Exprealty
Added: Oct 13
Changed: Oct 16
Last Checked: Oct 16 at 2:17PM
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 Mangus Realty Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,273 SF office unit has three separate offices and an open area for desks or cubicles. The suite also includes a kitchen area and an ADA bathroom, offering a mix of private and shared work space.
The property is at 406-124 E Bandera Rd in Boerne, near the busy S. Main and E. Bandera area, along Hwy 46. Other businesses in the development include Well-Med, Hill Country Hearing, LabCorp, and Cancer Care Center of Texas.
The property is at 406-124 E Bandera Rd in Boerne, near the busy S. Main and E. Bandera area, along Hwy 46. Other businesses in the development include Well-Med, Hill Country Hearing, LabCorp, and Cancer Care Center of Texas.
Key Highlights
- 1,273 SF office unit
- Three separate offices plus an open area for desks or cubicles
- Kitchen area and ADA bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,350
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,000
$347.0K
Cap Rate 7%
$247,857
$247.9K
Cap Rate 9%
$192,778
$192.8K
Market Conditions
NOI Build-Up for 1,273 SF
Gross rent
$28.1K $22.08/SF
− Vacancy
−$5.0K −$3.91/SF
EGI
$23.1K $18.17/SF
− OpEx
−$5.8K −$4.54/SF
NOI
$17.3K $13.63/SF
Area
Kendall 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%
$347,000
Cap Rate 7%
$247,857
Cap Rate 9%
$192,778
Alternative Uses
Best Use
Office B
$247.9K
$216.9K – $289.2K
NOI $17,350 @ 7.0% cap · market cap 743.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.9K
$292.2K – $389.5K
NOI $23,372 @ 7.0% cap · market cap 1,001.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,013
Businesses Nearby
Explore this area
Business Placement
Demographics for 78006, TX
40,979
Population
16,643
Households
2.5
Avg Household Size
44
Median Age
51%
College-Educated
94%
High-School Grad
345.9 sq mi
ZIP Area
118
Density / Sq Mi
$110,955
Median Household Income
$51,943
Median Earnings
$1,612
Median Rent
$502,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - The layout pairs enclosed workrooms with an open desk area, a kitchen, and an ADA bathroom.
Where is this office units located?
The property is located at 406-124 E Bandera Rd Boerne, TX.
What are key features of this property?
This property features: 1,273 SF office unit; Three separate offices plus an open area for desks or cubicles; Kitchen area and ADA bathroom
