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4665 Old Highway 81, New Braunfels, TX 78132
Fenced, gated warehouse site with covered overhang, paved drive-through access, and usable exterior yard space.
Property Size3,000 SF
Lot Size0.55 Acres
Price / SF$1.50
Days on Market50
Property Features for 4665 Old Highway 81
General Information
Standard status
Active
Size
3,000 SF
Lot size
0.55 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Amenities
covered overhang
private fenced and gated grounds
concrete-paved drive-through access
Building Details
Tenancy
Single
Listing Agency:
D Lee Edwards Realty, Inc
(830) 620-7653
Listed By:
Jeffrey Goebel · License #0601589
(830) 608-3122
Source:
Cornerstone-properties
Added: Sep 14
Changed: Oct 25
Last Checked: Nov 1 at 5:06AM
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 D Lee Edwards Realty, Inc
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Investment Insights
Based on property information with market context.
This single-tenant warehouse property includes approximately 3,000 SF of open interior space on approximately 0.549 acres. The site is privately fenced and gated, with a covered overhang, concrete-paved drive-through access, and approximately 0.5 acre of usable yard space. City water and electric are available on site, supporting warehouse, contractor, storage, distribution, and service-related operations.
Located at 4665 Old Highway 81 in New Braunfels, the property offers access to FM 482 and IH-35. Its combination of enclosed warehouse area and exterior operating space provides room for equipment, materials, storage, parking, or other business functions. The property is situated in the ETJ.
Located at 4665 Old Highway 81 in New Braunfels, the property offers access to FM 482 and IH-35. Its combination of enclosed warehouse area and exterior operating space provides room for equipment, materials, storage, parking, or other business functions. The property is situated in the ETJ.
Key Highlights
- Approximately 3,000 SF warehouse on approximately 0.549 acres
- Approximately 0.5 acre of usable yard space
- Private fenced and gated site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,803
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,060
$436.1K
Cap Rate 7%
$311,471
$311.5K
Cap Rate 9%
$242,256
$242.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$27.0K $9.00/SF
− Vacancy
−$1.4K −$0.45/SF
EGI
$25.7K $8.55/SF
− OpEx
−$3.8K −$1.28/SF
NOI
$21.8K $7.27/SF
Area
Comal County, TX
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,060
Cap Rate 7%
$311,471
Cap Rate 9%
$242,256
Alternative Uses
Best Use
Warehouse
$311.5K
$272.5K – $363.4K
NOI $21,803 @ 7.0% cap · market cap 484.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$765.2K
$669.6K – $892.8K
NOI $53,567 @ 7.0% cap · market cap 1,190.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78132, TX
37,475
Population
15,356
Households
2.4
Avg Household Size
43
Median Age
53%
College-Educated
96%
High-School Grad
179.3 sq mi
ZIP Area
209
Density / Sq Mi
$126,934
Median Household Income
$63,870
Median Earnings
$1,531
Median Rent
$570,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Solms Industrial Park — 4288 FM482, New Braunfels, TX 78132
- Brookfield Estates & Self-Storage — 3736 FM482, New Braunfels, TX 78132
Frequently Asked Questions
What type of property is this?
Warehouse - Fenced, gated warehouse site with covered overhang, paved drive-through access, and usable exterior yard space.
Where is this warehouse located?
The property is located at 4665 Old Highway 81 New Braunfels, TX.
What are key features of this property?
This property features: Approximately 3,000 SF warehouse on approximately 0.549 acres; Approximately 0.5 acre of usable yard space; Private fenced and gated site
