New Braunfels Commercial Development
806 Via Principale TX New Braunfels, TX 78132
806 Via Principale TX, New Braunfels, TX, 78132
$3,900,000
For Sale
$3,900,000
8,640 SF building in high-growth New Braunfels area.
Property Size8,640 SF
Price / SF$451.39
Days on Market233
Property Features for 806 Via Principale TX
General Information
- Standard status
- Active
- Size
- 8,640 SF
- Property subtype
- Office
Listing Agency
Legacy Commercial Real Estate
(830) 214-3489
Listed by
Cory Elrod
Source
Legacycommercialre
Added: Nov 25, 2025 Checked: Jul 16 at 9:13 am
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.
Located at 806 Via Principale TX, New Braunfels, TX, 78132, this 8,640 SF building presents a development opportunity for investors or owner-operators. The property is suited for retail, modern office spaces, or neighborhood commercial development. The building features a facade and a versatile interior layout. Situated in the New Braunfels area, the location provides visibility and accessibility. Additional land is available for future development. The property is located in the Texas Hill Country, near high-end custom build neighborhoods and the 2,500-acre Veramendi Master Planned Community, which includes neighborhoods, schools, and a commercial sector. The location offers access to major highways and proximity to downtown areas.
Key Highlights
- Prime development opportunity in the highest demographic area of New Braunfels.
- 8,640 SF building suitable for retail, modern office spaces, or neighborhood commercial development.
- Additional land available for future development.
Local 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 | $190.8k | $22.08 |
| − Vacancy | −$33.8k | −$3.91 |
| EGI | $157.0k | $18.17 |
| − OpEx | −$39.3k | −$4.54 |
| NOI | $117.8k | $13.63 |
8,640 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,754 @ 7.0% cap · market cap 3.02%
Second Best
Retail
$1.65M
$1.45M – $1.93M
NOI $115,657 @ 7.0% cap · market cap 2.97%
Theoretical Best
Office A
$2.20M
$1.93M – $2.57M
NOI $154,274 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 8,640 SF building in high-growth New Braunfels area.
Where is this office building located?
The property is located at 806 Via Principale TX New Braunfels, TX.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Prime development opportunity in the highest demographic area of New Braunfels.; 8,640 SF building suitable for retail, modern office spaces, or neighborhood commercial development.; Additional land available for future development.
