Medical Office
For Sale
$1,320,000
876 Loop 337, New Braunfels, TX 78130
Two-story medical/professional office building with first-floor medical space and three offices on the second floor.
Property Size5,078 SF
Days on Market171
Property Features for 876 Loop 337
General Information
Standard status
Active
Size
5,078 SF
Class
B
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
4
Building Details
Building Size
5,078 SF
Year Built
1988
Stories
2
Listed By:
Jay Dabbs, CCIM · License #TX #623922
(210) 749-5494
Source:
Svn
Added: May 14
Changed: Oct 25
Last Checked: Oct 30 at 10:43AM
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 Jay Dabbs, CCIM
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story medical/professional office building includes second-generation medical office space on the first floor and three professional offices with open floor plan areas on the second floor. The second floor is accessed via an exterior staircase.
The property is located on Highway 46/Loop 337 near the intersection at Common Street, with convenient access to Interstate 35 just to the east. The building is also within walking distance to multiple restaurants and shops.
The layout supports both medical and professional office use, with separate floor configurations for flexible owner-occupant or investment strategies.
The property is located on Highway 46/Loop 337 near the intersection at Common Street, with convenient access to Interstate 35 just to the east. The building is also within walking distance to multiple restaurants and shops.
The layout supports both medical and professional office use, with separate floor configurations for flexible owner-occupant or investment strategies.
Key Highlights
- Two‑story medical/professional office building with second‑generation medical office on the first floor
- First‑floor medical space is approximately 2,539 SF
- Second floor includes 3 professional offices with open floor plans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,207
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,384,140
$1.4M
Cap Rate 7%
$988,671
$988.7K
Cap Rate 9%
$768,967
$769.0K
Market Conditions
NOI Build-Up for 5,078 SF
Gross rent
$112.1K $22.08/SF
− Vacancy
−$19.8K −$3.91/SF
EGI
$92.3K $18.17/SF
− OpEx
−$23.1K −$4.54/SF
NOI
$69.2K $13.63/SF
Area
Comal 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%
$1,384,140
Cap Rate 7%
$988,671
Cap Rate 9%
$768,967
Alternative Uses
Best Use
Office B
$988.7K
$865.1K – $1.15M
NOI $69,207 @ 7.0% cap · market cap 5.24%
Second Best
Healthcare Medical
$940.2K
$822.6K – $1.10M
NOI $65,811 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,672 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
Explore this area
Business Placement
Demographics for 78130, TX
88,349
Population
40,810
Households
2.2
Avg Household Size
37
Median Age
35%
College-Educated
91%
High-School Grad
91.0 sq mi
ZIP Area
971
Density / Sq Mi
$84,426
Median Household Income
$45,253
Median Earnings
$1,525
Median Rent
$296,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Two-story medical/professional office building with first-floor medical space and three offices on the second floor.
Where is this office building located?
The property is located at 876 Loop 337 New Braunfels, TX.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: Two‑story medical/professional office building with second‑generation medical office on the first floor; First‑floor medical space is approximately 2,539 SF; Second floor includes 3 professional offices with open floor plans
