Climate-Controlled Flex
702-7637 Fm 3009, Schertz, TX 78154
For Sale
$475,000
A finished mezzanine, private restroom, and kitchenette complement the climate-controlled workspace.
Property Size1,950 SF
Price / SF$243.59
Days on Market23
Property Features for 702-7637 Fm 3009
General Information
Standard status
Size
Total Parking Spaces
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
LED lighting
durable floor coating
laminate mezzanine flooring
full climate control
14' x 14' grade-level overhead door with electric operator
private restroom
kitchenette
mop sink
tankless water heater
24/7 access
Building Details
Year Built
Listing Agency:
eXp Realty
(888) 519-7431
Listed By:
Michael Lugo · License #0657886
(210) 289-6293
Source:
Exprealty
Added: Oct 16
Changed: Nov 6
Last Checked: Nov 6 at 2:21PM
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 eXp Realty
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 1,950-square-foot flex warehouse condominium, built in 2018, combines a 50-by-60-foot main floor with a finished mezzanine. Interior features include LED lighting, coated flooring on the main level, laminate flooring upstairs, full climate control, a private restroom, kitchenette, and mop sink. A tankless water heater and an electrically operated 14-by-14-foot grade-level overhead door are also installed. Four dedicated parking spaces and round-the-clock access serve the unit.
Located on FM 3009 in Schertz, the property is two miles from Interstate 35 and adjacent to the FedEx Ground Distribution Center. Water and trash are covered by the monthly POA dues; electricity is separately metered.
The layout supports storage, office functions, or additional workspace. Uses identified for the property include e-commerce, light manufacturing, contractor operations, automotive activity, and a showroom-warehouse combination.
Located on FM 3009 in Schertz, the property is two miles from Interstate 35 and adjacent to the FedEx Ground Distribution Center. Water and trash are covered by the monthly POA dues; electricity is separately metered.
The layout supports storage, office functions, or additional workspace. Uses identified for the property include e-commerce, light manufacturing, contractor operations, automotive activity, and a showroom-warehouse combination.
Key Highlights
- 1,950‑square‑foot flex warehouse condominium with a 50' x 60' main floor and finished mezzanine
- Built in 2018; full climate control and LED lighting
- 14' x 14' grade‑level overhead door with electric operator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,534
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,680
$410.7K
Cap Rate 7%
$293,343
$293.3K
Cap Rate 9%
$228,156
$228.2K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$35.1K $18.00/SF
− Vacancy
−$3.5K −$1.80/SF
EGI
$31.6K $16.20/SF
− OpEx
−$11.1K −$5.67/SF
NOI
$20.5K $10.53/SF
Area
Guadalupe 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%
$410,680
Cap Rate 7%
$293,343
Cap Rate 9%
$228,156
Alternative Uses
Best Use
Flex RnD
$293.3K
$256.7K – $342.2K
NOI $20,534 @ 7.0% cap · market cap 4.32%
Second Best
Warehouse
$202.5K
$177.2K – $236.2K
NOI $14,172 @ 7.0% cap · market cap 2.98%
Theoretical Best
Office A
$511.5K
$447.5K – $596.7K
NOI $35,802 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78154, TX
41,533
Population
15,688
Households
2.6
Avg Household Size
38
Median Age
40%
College-Educated
94%
High-School Grad
32.9 sq mi
ZIP Area
1,262
Density / Sq Mi
$97,465
Median Household Income
$47,552
Median Earnings
$1,664
Median Rent
$296,400
Median Home Value
Market
Average Price Trend$/SF for Flex space in Guadalupe County, TX
Properties on Market for Flex space in Guadalupe County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- O'Neill's Catering — 1420 Schertz Pkwy Suite 290, Schertz, TX 78154
Frequently Asked Questions
What type of property is this?
Flex space - A finished mezzanine, private restroom, and kitchenette complement the climate-controlled workspace.
Where is this flex space located?
The property is located at 702-7637 Fm 3009 Schertz, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,950‑square‑foot flex warehouse condominium with a 50' x 60' main floor and finished mezzanine; Built in 2018; full climate control and LED lighting; 14' x 14' grade‑level overhead door with electric operator
