Medical Office Suite in Wellness
New
For Sale
Contact for pricing
626 Fm 1863 #101, New Braunfels, TX 78132
Suite 101 includes access to shared common areas and receptionist services in a wellness-focused environment.
Property Size126 SF
Price / SF$15
Days on Market5
Property Features for 626 Fm 1863 #101
General Information
Standard status
Active
Size
126 SF
Property subtype
Office/Medical/Prof Bldg
Amenities
upscale common areas
receptionist services
wellness amenities
Building Details
Year Built
1973
Tenancy
Multi
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 8:16AM
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 PIONEER REALTY PARTNERS, LLC
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.
Suite 101 provides approximately 126 SF within a wellness-oriented medical office setting. The property was built in 1973 and includes shared common areas, receptionist services, and wellness amenities. The suite is offered under gross lease terms.
The setting is designed for complementary wellness practices, including aesthetics, skincare, massage therapy, nutrition, counseling, and related services.
The setting is designed for complementary wellness practices, including aesthetics, skincare, massage therapy, nutrition, counseling, and related services.
Key Highlights
- Approximately 126 SF in Suite 101
- Gross lease terms
- Shared common areas, receptionist services, and wellness amenities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,633
Suggested Prices Based on Cap Rates
Cap Rate 5%
$32,660
$32.7K
Cap Rate 7%
$23,329
$23.3K
Cap Rate 9%
$18,144
$18.1K
Market Conditions
NOI Build-Up for 126 SF
Gross rent
$3.0K $24.00/SF
− Vacancy
−$302 −$2.40/SF
EGI
$2.7K $21.60/SF
− OpEx
−$1.1K −$8.64/SF
NOI
$1.6K $12.96/SF
Area
Comal County, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$32,660
Cap Rate 7%
$23,329
Cap Rate 9%
$18,144
Alternative Uses
Best Use
Office B
$24.5K
$21.5K – $28.6K
NOI $1,717 @ 7.0% cap · market cap 90.85%
Second Best
Healthcare Medical
$23.3K
$20.4K – $27.2K
NOI $1,633 @ 7.0% cap · market cap 86.40%
Theoretical Best
Office A
$32.1K
$28.1K – $37.5K
NOI $2,250 @ 7.0% cap · market cap 119.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Suite 101 includes access to shared common areas and receptionist services in a wellness-focused environment.
Where is this medical office space located?
The property is located at 626 Fm 1863 #101 New Braunfels, TX.
What are key features of this property?
This property features: Approximately 126 SF in Suite 101; Gross lease terms; Shared common areas, receptionist services, and wellness amenities
