Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    870 Veterans Dr Buda, TX 78610

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New commercial retail space designed for diverse tenants and customers.

    Type:Retail
    Added:
    Jun 6, 2024
    Days on Market:
    700
    Last Refresh:
    Mar 17 at 1:21 pm

    Property Features for 870 Veterans Dr

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 870 Veterans Dr Contact us

    We can help!

    Listing Contact
    Lauren O'Breza
    Lauren O'Breza

    Listing agent Lauren O'Breza License #738994

    Listing office Foresite Commercial Real Estate

    Listing date Jun 6, 2024

    Source Crexi

    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 Foresite Commercial Real Estate

    Overview

    Planned Retail Space For Rent

    This newly planned commercial retail space is designed to meet business needs and attract a diverse group of tenants and customers. The property is located a short drive from Austin, allowing convenient access to the economic opportunities and cultural amenities of the state capital.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Buda
    County
    Hays
    State
    Texas
    Longitude
    -97.8797
    Latitude
    30.0694

    Nearby Similar for Lease

    • $11 SF/Yr

      Buda Flex Space Available

      Flex space with office and warehouse components for lease.
      100 Precision Dr, Buda, TX
      View Details
    • $2,946/Mo

      Buda Office Space Available

      Office space for rent with included amenities in Buda.
      645 FM 967, Buda, TX
      View Details
    • Contact for pricing

      Buda Flex Space For Lease

      39,600 SF business park near Interstate 35 in Buda.
      1955 FM2001, Buda, TX
      View Details
    • Contact for pricing

      Industrial Space Under Construction

      Industrial and warehouse space available for lease, divisible to suit.
      1340 FM2001, Buda, TX 78610
      View Details
    • $24 SF/Yr

      Buda Office Building For Sale

      Office building with covered parking, convenient to Austin and San Marcos.
      210 FM 2001, Buda, TX
      View Details
    • Contact for pricing

      6,680 SF of Flex Office/ Warehouse Space FOR LEASE

      6,680 sq ft flex space in Buda, Texas.
      602 S Loop 4, Buda, TX 76810
      View Details
    • Contact for pricing

      Buda Warehouse Space Available

      Warehouse space for rent in Buda, Texas.
      13206 Wright Road, Buda, TX 78610
      View Details
    • $1,995/Mo

      Stylish Duplex Near Austin

      Four-bedroom, three-bathroom duplex with modern amenities and convenient location.
      104 Gunner Road #B, Buda, TX 78610
      View Details
    • $11 SF/Yr

      1,550 SF Office/Warehouse Space FOR LEASE

      Office/warehouse space in Buda, TX with roll-up door and parking.
      100 Precision Dr, Buda, TX 78610
      View Details
    • Contact for pricing

      Retail Space in Buda, TX

      Retail space available in Buda Towne and Country Market.
      909 N Loop 4, Buda, TX
      View Details
    • Contact for pricing

      Buda Warehouse Space Available

      Warehouse space featuring a main entrance, service entry, and ramp.
      334 Warehouse Dr, Buda, TX
      View Details
    • Contact for pricing

      Buda Warehouse with Outdoor Storage

      Warehouse space in Buda, Texas, with IH-35 access.
      99 Dupree Dr, Buda, TX
      View Details

    FAQs

    What type of property is this?
    Retail space - New commercial retail space designed for diverse tenants and customers.
    Where is this retail space located?
    The property is located at 870 Veterans Dr Buda, TX.
    What are key features of this property?
    This property features: Newly planned commercial retail space; Designed to meet business needs; Attracts a diverse group of tenants and customers
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lauren O'Breza
    Lauren O'Breza
    Real Estate License ID: 738994
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    870 Veterans Dr, Buda, TX 78610
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!