Climate-Controlled Flex Warehouse
New
For Sale
$475,000
7637 FM 3009 #702, Schertz, TX 78154
A finished mezzanine, private restroom, and kitchenette add functional workspace features.
Property Size1,950 SF
Price / SF$243.59
Days on Market3
Property Features for 7637 FM 3009 #702
General Information
Standard status
Active
Size
1,950 SF
Total Parking Spaces
4
Property subtype
Warehouse/Storage
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Drive-In Doors
1
Conditioned Warehouse
Yes
Amenities
Private restroom
Kitchenette
Mop sink
Tankless water heater
24/7 access
Building Details
Year Built
2018
Stories
1
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Oct 19
Last Checked: Oct 20 at 10:12PM
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
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Investment Insights
Based on property information with market context.
This 1,950-square-foot flex warehouse condominium at 7637 FM 3009, Suite 702, was built in 2018 by Acuform Builders. The main level measures 50 by 60 feet, with a finished mezzanine providing additional workspace. Interior features include climate control, LED lighting, coated flooring, and laminate flooring on the mezzanine. A private restroom, kitchenette, mop sink, and tankless water heater serve the unit. A 14-by-14-foot grade-level overhead door has an electric operator.
The property is two miles from Interstate 35 and adjacent to the FedEx Ground Distribution Center. It includes four dedicated parking spaces and 24/7 access. POA dues cover water and trash; electricity is separately metered.
The property is two miles from Interstate 35 and adjacent to the FedEx Ground Distribution Center. It includes four dedicated parking spaces and 24/7 access. POA dues cover water and trash; electricity is separately metered.
Key Highlights
- 1,950 SF flex warehouse condominium with a finished mezzanine
- 50' x 60' main floor
- 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.
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Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A finished mezzanine, private restroom, and kitchenette add functional workspace features.
Where is this flex space located?
The property is located at 7637 FM 3009 #702 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 SF flex warehouse condominium with a finished mezzanine; 50' x 60' main floor; 14' x 14' grade‑level overhead door with electric operator
