Flexible-Use Commercial
For Sale
Contact for pricing
786 S Castell Avenue F, New Braunfels, TX 78130
Road-facing workspace with double entry doors and a private bathroom supports varied small-business operations.
Property Size900 SF
Price / SF$0.67
Days on Market89
Property Features for 786 S Castell Avenue F
General Information
Standard status
Active
Size
900 SF
Additional Details
Road Access
Yes
Warehouse Space
900 SF
Listing Agency:
Keller Williams Heritage
(210) 493-3030
Listed By:
Shaunna Hanover · License #0735608
(830) 832-4512
Source:
Cornerstone-properties
Added: Jul 20
Changed: Oct 10
Last Checked: Oct 16 at 8:26AM
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 Keller Williams Heritage
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 900-square-foot flex space provides a practical footprint for contractor storage, inventory, workshop activity, hobby use, or service-oriented business operations. The layout includes double entry doors for equipment and material movement, along with a private bathroom. Its scale suits users seeking functional workspace without taking on a larger warehouse format.
The unit is located at 786 S Castell Avenue in New Braunfels, with road visibility and access to major roads. Downtown New Braunfels is only minutes away, and two side-by-side units are available.
The unit is located at 786 S Castell Avenue in New Braunfels, with road visibility and access to major roads. Downtown New Braunfels is only minutes away, and two side-by-side units are available.
Key Highlights
- 900 SF flex space at 786 S Castell Avenue
- Double entry doors support equipment and material access
- Private bathroom included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,387
Suggested Prices Based on Cap Rates
Cap Rate 5%
$107,740
$107.7K
Cap Rate 7%
$76,957
$77.0K
Cap Rate 9%
$59,856
$59.9K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$8.1K $9.00/SF
− Vacancy
−$405 −$0.45/SF
EGI
$7.7K $8.55/SF
− OpEx
−$2.3K −$2.56/SF
NOI
$5.4K $5.98/SF
Area
Comal County, TX
Vacancy
5.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$107,740
Cap Rate 7%
$76,957
Cap Rate 9%
$59,856
Alternative Uses
Best Use
Flex RnD
$135.4K
$118.5K – $158.0K
NOI $9,477 @ 7.0% cap · market cap 1,579.50%
Second Best
Industrial
$77.0K
$67.3K – $89.8K
NOI $5,387 @ 7.0% cap · market cap 897.83%
Theoretical Best
Office A
$229.6K
$200.9K – $267.8K
NOI $16,070 @ 7.0% cap · market cap 2,678.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,944
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78130, TX
88,349
Population
40,810
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
971
Density / Sq Mi
$84,426
Median Household Income
$45,253
Median Earnings
$1,525
Median Rent
$296,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Texas PO Boy's Food Truck — 845 w merriweather st, new braunfels, tx 78130
- Cool Beans Coffee Beans — 708 South Business 35, New Braunfels, TX 78130
- The Golden Pineapple nbtx — 401 W Coll St, New Braunfels, TX 78130
- Neighborhood Gourmet — 305 Cross River St, New Braunfels, TX 78130
Frequently Asked Questions
What type of property is this?
Flex space - Road-facing workspace with double entry doors and a private bathroom supports varied small-business operations.
Where is this flex space located?
The property is located at 786 S Castell Avenue F New Braunfels, TX.
What are key features of this property?
This property features: 900 SF flex space at 786 S Castell Avenue; Double entry doors support equipment and material access; Private bathroom included
