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Mixed-Use Suite with Grease Trap
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8214 FM 1283 #4, Lakehills, TX 78063

A restaurant-ready feature complements flexible space for retail, office, and service businesses.

Property Size2,000 SF
Price / SF$1.65
Days on Market2

Property Features for 8214 FM 1283 #4

General Information

Standard status Active
Size 2,000 SF
Property subtype Multi-Use

Building Details

Year Built 2026
Listing Agency: PIONEER REALTY PARTNERS, LLC
Listed By: Denise Bourassa
Source: Pioneerrealtypartners
Added: Oct 16 Last Checked: Oct 16 at 2:03PM

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 2,000-square-foot suite is part of a new mixed-use commercial development completed in 2026. The building contains 5,000 square feet in total, with three additional suites measuring 1,000 square feet each. A grease trap is installed in this suite, supporting restaurant use alongside the retail, office, medical, and service uses identified for the property.

Located at 8214 FM 1283 in Lakehills, Texas, the property is within the Texas Hill Country.

Key Highlights

  • 2,000‑square‑foot suite with a grease trap
  • 5,000‑square‑foot commercial building with three additional 1,000‑square‑foot suites
  • New construction completed in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,400
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,000 $528.0K
Cap Rate 7%
$377,143 $377.1K
Cap Rate 9%
$293,333 $293.3K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$48.0K $24.00/SF
− Vacancy
−$5.8K −$2.88/SF
EGI
$42.2K $21.12/SF
− OpEx
−$15.8K −$7.92/SF
NOI
$26.4K $13.20/SF
Area
Bandera County, TX
Vacancy
12.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,000
Cap Rate 7%
$377,143
Cap Rate 9%
$293,333

Alternative Uses

Best Use
Retail
$382.5K
$334.7K – $446.2K (±1% cap)
NOI $26,772 @ 7.0% cap · market cap 811.27%
Second Best
Mixed Use
$377.1K
$330.0K – $440.0K (±1% cap)
NOI $26,400 @ 7.0% cap · market cap 800.00%
Theoretical Best
Office A
$510.2K
$446.4K – $595.2K (±1% cap)
NOI $35,712 @ 7.0% cap · market cap 1,082.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Lakehills True Value Home Improvements & Furnishings
3,155 visits/mo 0.5 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A restaurant-ready feature complements flexible space for retail, office, and service businesses.
Where is this mixed-use property located?
The property is located at 8214 FM 1283 #4 Lakehills, TX.
What are key features of this property?
This property features: 2,000‑square‑foot suite with a grease trap; 5,000‑square‑foot commercial building with three additional 1,000‑square‑foot suites; New construction completed in 2026
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