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    Schertz Flex Warehouse Condominium Title is generated by Realmo AI

    7637 FM 3009, Schertz, TX 78154

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    3500 SF office, flex, warehouse condo near IH 35.

    Type:Industrial, Office, Special Purpose
    Property size:
    3,500 SF
    Price / SF:
    $214/SF
    Added:
    Oct 14, 2024
    Days on Market:
    633
    Last Refresh:
    Jun 28 at 8:20 am

    Property Features for 7637 FM 3009

    General Information

    Standard status
    Active
    Size
    3,500 SF
    Property subtype
    Industrial, Office, Special Purpose

    Building Details

    Year Built
    2022

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    Tawney Stedman

    Listing office Red Commercial Real Estate

    Listing date Oct 14, 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 Red Commercial Real Estate

    HighLights

    • Prime location near IH 35 in Schertz, TX, offering easy access to San Antonio and Austin.
    • Versatile space suitable for office, showroom, studio, fitness, fulfillment, light industrial, car storage, and personal use.
    • Enjoy a 100% HVAC, fully climate‑controlled environment.
    • Benefit from a high 22’ ceiling height.
    • Class A finish out includes a kitchenette and restroom with high‑quality finishes.
    • Automatic overhead door facilitates easy access for deliveries and various uses.

    Overview

    This 3500 square foot condominium unit, located in Schertz, Texas near IH 35 along the San Antonio to Austin corridor, offers flex, office, and warehouse space. The space features 100% HVAC, an open floor plan, a mezzanine, a kitchenette, and a restroom with Class A finish out. An automatic overhead door and a 22-foot ceiling height are also included. The unit is suitable for various uses such as office, showroom, studio space, fitness, fulfillment and distribution, light industrial, car storage, and personal use. This is a resale unit from a project that sold out in 2023.

    Local 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 $77.3k $22.08
    − Vacancy −$13.7k −$3.91
    EGI $63.6k $18.17
    − OpEx −$15.9k −$4.54
    NOI $47.7k $13.63
    3,500 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $681.4K
    $596.3K – $795.0K (±1% cap)
    NOI $47,701 @ 7.0% cap · market cap 6.36%
    Second Best
    Flex RnD
    $526.5K
    $460.7K – $614.3K (±1% cap)
    NOI $36,855 @ 7.0% cap · market cap 4.91%
    Theoretical Best
    Office A
    $918.0K
    $803.3K – $1.07M (±1% cap)
    NOI $64,260 @ 7.0% cap · market cap 8.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Superior Karts Online (Bike/Boat/Book/etc) Store Perfect Etch Engraver Unbox Development Consultant BERG Pedal Karts ... (Bike/Boat/Book/etc) Store Corey Construction Roofing Company

    Suggested Use

    Grocery & Convenience Store Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schertz
    County
    Guadalupe
    State
    Texas
    Longitude
    -98.287673
    Latitude
    29.615187

    FAQs

    What type of property is this?
    Flex space - 3500 SF office, flex, warehouse condo near IH 35.
    Where is this flex space located?
    The property is located at 7637 FM 3009 Schertz, TX.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: Prime location near IH 35 in Schertz, TX, offering easy access to San Antonio and Austin.; Versatile space suitable for office, showroom, studio, fitness, fulfillment, light industrial, car storage, and personal use.; Enjoy a 100% HVAC, fully climate‑controlled environment.
    More about this property
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