Boerne Flex/Industrial Warehouse For
For Sale
Contact for pricing
529 SH 46 E, Boerne, TX 78006
2,400 SF unit with 810 SF mezzanine for sale.
Property Size3,210 SF
Price / SF$233.64
Days on Market890
Property Features for 529 SH 46 E
General Information
Standard status
Active
Size
3,210 SF
Class
A
Property subtype
Office, Industrial, Special Purpose
Zoning
Unzoned
Investment Type
Owner/User
Building Details
Year Built
2022
Units
1
Listing Agency:
Red Commercial Real Estate
Listed By:
Tawney Stedman · License #TX 559218
Source:
Crexi
Added: May 16, 2024
Changed: Oct 15
Last Checked: Oct 20 at 6:17PM
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 Red Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex, office, and industrial personal warehouse unit is available for sale in Boerne, Texas. The 2,400 square foot floorplate includes an 810 square foot mezzanine. The unit is fully climate controlled with 100% HVAC and a 5-ton air handler. It features 3-phase power and two overhead doors. This property is suitable for small business owners needing space for an office, industrial work, showroom, studio, fulfillment and distribution operations, or light retail. It can also be used for personal storage of cars, boats, and other personal items. The unit is suitable for commercial investment, with units leasing at $20 per square foot NNN.
Key Highlights
- 2,400 SF Floorplate with an additional 810 SF Mezzanine, totaling 3,210 SF of usable space.
- Suitable for diverse uses: flex space, office, industrial, showroom, studio, fulfillment, distribution, light retail, fitness, or personal storage.
- 100% HVAC with a 5‑ton air handler.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,801
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,020
$676.0K
Cap Rate 7%
$482,871
$482.9K
Cap Rate 9%
$375,567
$375.6K
Market Conditions
NOI Build-Up for 3,210 SF
Gross rent
$57.8K $18.00/SF
− Vacancy
−$5.8K −$1.80/SF
EGI
$52.0K $16.20/SF
− OpEx
−$18.2K −$5.67/SF
NOI
$33.8K $10.53/SF
Area
Kendall County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,020
Cap Rate 7%
$482,871
Cap Rate 9%
$375,567
Alternative Uses
Best Use
Flex RnD
$482.9K
$422.5K – $563.4K
NOI $33,801 @ 7.0% cap · market cap 4.51%
Second Best
Industrial
$274.5K
$240.2K – $320.2K
NOI $19,212 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$841.9K
$736.7K – $982.3K
NOI $58,936 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Balanced
Demand for This Use
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 Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 2,400 SF unit with 810 SF mezzanine for sale.
Where is this flex space located?
The property is located at 529 SH 46 E Boerne, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,400 SF Floorplate with an additional 810 SF Mezzanine, totaling 3,210 SF of usable space.; Suitable for diverse uses: flex space, office, industrial, showroom, studio, fulfillment, distribution, light retail, fitness, or personal storage.; 100% HVAC with a 5‑ton air handler.
