Retail and Office
Lakehills, TX 78063, Lakehills, TX 78063
For Sale
Contact for pricing
Unit 4 in Lakehills Plaza offers flexible retail and office space with a grease trap for restaurant use.
Property Size2,000 SF
Price / SF$1.65
Days on Market178
Property Features
General Information
Standard status
Size
Property subtype
Additional Details
Grease Trap
Building Details
Year Built
Listing Agency:
Xsellence Realty
Listed By:
Robert Saenz
(210) 592-4285
Source:
Pioneerrealtypartners
Added: May 20
Changed: Nov 12
Last Checked: Nov 12 at 7:49AM
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 Xsellence Realty
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Investment Insights
Based on property information with market context.
Lakehills Plaza is a brand-new commercial development offering flexible retail and office space. The available unit is 2,000 sq. ft., and the building also includes three additional 1,000 sq. ft. units. This unit is equipped with a grease trap, making it suitable for restaurant use alongside other retail, medical, office, or service-based concepts.
The property is located on FM 1283 in Lakehills, Texas, and is described as having excellent visibility and easy access.
Within the center, the space is configured for single-tenant use, with grease trap infrastructure already in place to support food service operations.
The property is located on FM 1283 in Lakehills, Texas, and is described as having excellent visibility and easy access.
Within the center, the space is configured for single-tenant use, with grease trap infrastructure already in place to support food service operations.
Key Highlights
- Year built 2026 commercial retail/office development, Lakehills Plaza
- Unit 4 offers 2,000 sq. ft. of flexible retail and office space
- Building includes three 1,000 sq. ft. units in addition to Unit 4
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,772
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,440
$535.4K
Cap Rate 7%
$382,457
$382.5K
Cap Rate 9%
$297,467
$297.5K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$39.8K $19.92/SF
− Vacancy
−$1.6K −$0.80/SF
EGI
$38.2K $19.12/SF
− OpEx
−$11.5K −$5.74/SF
NOI
$26.8K $13.39/SF
Area
Bandera 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 Rate 5%
$535,440
Cap Rate 7%
$382,457
Cap Rate 9%
$297,467
Alternative Uses
Best Use
Office B
$389.4K
$340.7K – $454.3K
NOI $27,258 @ 7.0% cap
Second Best
Retail
$382.5K
$334.7K – $446.2K
NOI $26,772 @ 7.0% cap
Theoretical Best
Office A
$510.2K
$446.4K – $595.2K
NOI $35,712 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
Demographics for 78063, TX
9,302
Population
4,947
Households
1.9
Avg Household Size
52
Median Age
28%
College-Educated
93%
High-School Grad
119.3 sq mi
ZIP Area
78
Density / Sq Mi
$79,066
Median Household Income
$38,340
Median Earnings
$964
Median Rent
$265,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - Unit 4 in Lakehills Plaza offers flexible retail and office space with a grease trap for restaurant use.
Where is this retail space located?
The property is located at Lakehills, TX.
What are key features of this property?
This property features: Year built 2026 commercial retail/office development, Lakehills Plaza; Unit 4 offers 2,000 sq. ft. of flexible retail and office space; Building includes three 1,000 sq. ft. units in addition to Unit 4
