Flex Space with Gated
For Sale
Contact for pricing
8424 Indian Hills Ln, Boerne, TX 78006
Flex space with office and warehouse areas, well and septic, and 10-12 parking spaces on a gated yard.
Property Size4,700 SF
Price / SF$276.60
Days on Market280
Property Features for 8424 Indian Hills Ln
General Information
Standard status
Active
Size
4,700 SF
Total Parking Spaces
12
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Utilities to Site
Yes
Warehouse & Industrial
Warehouse Space
3,520 SF
Office Build-Out
1,176 SF
Amenities
gated yard
Listing Agency:
Valcor Commercial Real Estate
(210) 824-4242
Listed By:
Jared Davis · License #687518
(830) 431-2636
Source:
Moodyscre
Added: Jan 23
Changed: Oct 25
Last Checked: Oct 28 at 11:03AM
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 Valcor Commercial Real Estate
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Investment Insights
Based on property information with market context.
Flex space offering a combined office and warehouse setup with a gated yard. The property includes 1,176 SF of office space and 3,520 SF of warehouse space, supported by a well and septic.
The property address is 8424 Indian Hills Ln, Boerne, TX 78006. Parking is provided with 10-12 spaces, supporting day-to-day operations for staff, deliveries, and tenant/visitor needs.
The property address is 8424 Indian Hills Ln, Boerne, TX 78006. Parking is provided with 10-12 spaces, supporting day-to-day operations for staff, deliveries, and tenant/visitor needs.
Key Highlights
- Gated yard with 1,176 SF office and 3,520 SF warehouse
- 1,176 SF office space
- 3,520 SF warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,056
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,120
$1.3M
Cap Rate 7%
$915,086
$915.1K
Cap Rate 9%
$711,733
$711.7K
Market Conditions
NOI Build-Up for 4,700 SF
Gross rent
$103.8K $22.08/SF
− Vacancy
−$18.4K −$3.91/SF
EGI
$85.4K $18.17/SF
− OpEx
−$21.4K −$4.54/SF
NOI
$64.1K $13.63/SF
Area
Kendall County, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,120
Cap Rate 7%
$915,086
Cap Rate 9%
$711,733
Alternative Uses
Best Use
Office B
$915.1K
$800.7K – $1.07M
NOI $64,056 @ 7.0% cap · market cap 4.93%
Second Best
Flex RnD
$707.0K
$618.6K – $824.9K
NOI $49,491 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,292 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78006, TX
40,979
Population
16,643
Households
2.5
Avg Household Size
44
Median Age
51%
College-Educated
94%
High-School Grad
345.9 sq mi
ZIP Area
118
Density / Sq Mi
$110,955
Median Household Income
$51,943
Median Earnings
$1,612
Median Rent
$502,700
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with office and warehouse areas, well and septic, and 10-12 parking spaces on a gated yard.
Where is this flex space located?
The property is located at 8424 Indian Hills Ln Boerne, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Gated yard with 1,176 SF office and 3,520 SF warehouse; 1,176 SF office space; 3,520 SF warehouse space
