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    118 Plant Ave Boerne, TX 78006

    For Sale
    $540,000

    Historic Victorian, Modern Office

    Property size:
    1,092 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 1,092 sq ft Class C office building, located at 118 N Plant Ave in Boerne, TX 78006, is a renovated 1908 Victorian home offering a unique blend of historic charm and modern functionality. Currently 100% occupied with a single tenant under a NNN lease, the property boasts two units, two bathrooms, a full kitchen and dining/conference room, and five parking spaces. The building sits on a 0.013-acre lot and features a welcoming reception area and two thoughtfully designed offices, perfect for a variety of professional uses. Recent renovations (2022) have seamlessly integrated modern amenities into the historic structure. Zoned for light commercial use, this property presents a compelling investment opportunity with a 5.00% cap rate and an asking price of $540,000. The property is less than a mile from historic downtown Boerne, offering convenient access to local amenities and businesses. This turnkey operation provides immediate income and significant potential for future growth.

    Property Features for 118 Plant Ave

    General Information

    Property type
    Medical offices
    Square Feet
    1,092 SF
    Class
    C
    Lot Size
    566 SF

    Building Details

    Year Built/Renovated
    1908/2022
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Less than one mile from historic downtown Boerne.
    • Renovated 1908 Victorian home, updated in 2022.
    • Welcoming reception area.
    • Two offices and two bathrooms.
    • Full kitchen and dining/conference room.
    • Currently leased at $24.00/sqft NNN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Boerne
    County
    Kendall
    State
    Texas
    Longitude
    -98.7255121
    Latitude
    29.7983802

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    FAQs

    What type of property is this?
    Medical office - Historic Victorian, Modern Office
    Where is this medical office located?
    The property is located at 118 Plant Ave Boerne, TX.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: Less than one mile from historic downtown Boerne.; Renovated 1908 Victorian home, updated in 2022.; Welcoming reception area.
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    118 Plant Ave Boerne, TX 78006
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