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 Market188
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
(830) 431-2636
Listed By:
Jared Davis · License #687518
(830) 431-2636
Source:
Moodyscre
Added: Jan 23
Changed: Jul 30
Last Checked: Jul 30 at 5:12PM
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
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 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 | $103.8k | $22.08 |
| − Vacancy | −$18.4k | −$3.91 |
| EGI | $85.4k | $18.17 |
| − OpEx | −$21.4k | −$4.54 |
| NOI | $64.1k | $13.63 |
4,700 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
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.
Property Analytics
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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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
