Renovated Office Building in
For Sale
Contact for pricing
707 Landa St, New Braunfels, TX
20,000 SF professional office building for sale in New Braunfels.
Property Size20,000 SF
Lot Size2.59 Acres
Price / SF$300
Days on Market1007
Property Features for 707 Landa St
General Information
Standard status
Active
Size
20,000 SF
Lot size
2.59 Acres
Property subtype
OFFICE
Listing Agency:
Legacy Commercial Real Estate
(830) 214-3489
Listed By:
Cory Elrod
(830) 214-3489
Source:
Moodyscre
Added: Nov 2, 2023
Changed: Jul 6
Last Checked: Jul 21 at 5:40AM
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 Legacy Commercial Real Estate
Investment Insights
Based on property information with market context.
This is a 20,000 square foot professional office building for sale in New Braunfels, Texas. Renovated in 2019, the building features professional office finish-out, including a large conference room, multiple bullpens, a large cafeteria, and private and executive offices. The current owner occupies the majority of the space, which allows for buyer flexibility. The owner can continue to occupy their space, reduce their footprint, or move out altogether.
Key Highlights
- Completely renovated 20,000 SF professional office building.
- Flexibility for buyer: owner can stay, shrink footprint, or move out.
- First‑class professional office finish‑out.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $441.6k | $22.08 |
| − Vacancy | −$78.2k | −$3.91 |
| EGI | $363.4k | $18.17 |
| − OpEx | −$90.9k | −$4.54 |
| NOI | $272.6k | $13.63 |
20,000 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.89M
$3.41M – $4.54M
NOI $272,578 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.10M
$4.46M – $5.95M
NOI $357,116 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
739
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 20,000 SF professional office building for sale in New Braunfels.
Where is this office building located?
The property is located at 707 Landa St New Braunfels, TX.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Completely renovated 20,000 SF professional office building.; Flexibility for buyer: owner can stay, shrink footprint, or move out.; First‑class professional office finish‑out.
