Comfort, TX Retail
For Sale
$839,000
702 Front Street, Comfort, TX 78013
Retail property for sale in Comfort, Texas.
Property Size3,279 SF
Price / SF$255.87
Days on Market243
Property Features for 702 Front Street
General Information
Standard status
Active
Size
3,279 SF
Total Parking Spaces
8
Zoning
UNRESTRICTED
Taxes and HOA fees
Annual Taxes
$11,377
Amenities
Accessible Hallway(s)
Central Air, Zoned
Central
Building Details
Building Size
3,279 SF
Year Built
1920
Buildings
2
Stories
1
Listing Agency:
Kuper Sotheby's Int'l Realty
Listed By:
Kristian Forks · License #678189
(210) 854-6431
Source:
Evrealestate
Added: Jan 7
Changed: Sep 2
Last Checked: Sep 6 at 3:54AM
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 Kuper Sotheby's Int'l Realty
Investment Insights
Based on property information with market context.
Located at the corner of 7th St. and Hwy. 27 (Front St.) in Comfort, Texas, this retail property offers a total size of 3279 square feet. The building is situated on Hwy 27 W towards Center Point. The property is located in Kendall County.
Key Highlights
- Located at the corner of 7th St. and Hwy. 27 (Front St.) in Center Point.
- Convenient access via I‑10 and Hwy 87.
- Central air conditioning.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,893
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$877,860
$877.9K
Cap Rate 7%
$627,043
$627.0K
Cap Rate 9%
$487,700
$487.7K
Market Conditions
NOI Build-Up for 3,279 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$65.3K $19.92/SF
− Vacancy
−$2.6K −$0.80/SF
EGI
$62.7K $19.12/SF
− OpEx
−$18.8K −$5.74/SF
NOI
$43.9K $13.39/SF
Area
Kendall County, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$877,860
Cap Rate 7%
$627,043
Cap Rate 9%
$487,700
Alternative Uses
Best Use
Retail
$627.0K
$548.7K – $731.6K
NOI $43,893 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$860.0K
$752.5K – $1.00M
NOI $60,202 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
36k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Groceries 21%
Shell
Shops & Services
8,978 visits/mo
0.2 miles
Valero Energy
Shops & Services
7,688 visits/mo
0.1 miles
Lowe's Market
Groceries
7,688 visits/mo
0.3 miles
Dollar General
Shops & Services
6,191 visits/mo
0.5 miles
Wells Fargo
Shops & Services
2,372 visits/mo
0.2 miles
Demographics for 78013, TX
5,868
Population
2,571
Households
2.3
Avg Household Size
49
Median Age
34%
College-Educated
92%
High-School Grad
226.3 sq mi
ZIP Area
26
Density / Sq Mi
$79,770
Median Household Income
$45,151
Median Earnings
$960
Median Rent
$396,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Comfort Vintage & Bloom — 723 High St, Comfort, TX 78013
- Front St. Floral — 419 Front St, Comfort, TX 78013
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property for sale in Comfort, Texas.
Where is this storefront property located?
The property is located at 702 Front Street Comfort, TX.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Located at the corner of 7th St. and Hwy. 27 (Front St.) in Center Point.; Convenient access via I‑10 and Hwy 87.; Central air conditioning.
