Four-Building Office
For Sale
$3,200,000
916-930 E Blanco Rd, Boerne, TX 78006
Five leasable office units across four buildings on a 1.32-acre lot, zoned O1 for professional office use.
Property Size12,877 SF
Lot Size1.32 Acres
Days on Market119
Property Features for 916-930 E Blanco Rd
General Information
Standard status
Active
Size
12,877 SF
Class
C
Lot size
1.32 Acres
Property subtype
Commercial Office
Zoning
O1
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
5
Building Details
Building Size
12,877 SF
Year Built
2011
Listing Agency:
Lockwood Realty Group, LLC
Listed By:
Luke Owens-Bragg · License #670935
(210) 451-0143
Source:
Lockwoodrealtygroup
Added: Jun 25
Changed: Oct 9
Last Checked: Oct 20 at 6:57PM
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 Lockwood Realty Group, LLC
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Investment Insights
Based on property information with market context.
This office portfolio is set on a 1.32-acre lot and includes four separate buildings with five leasable units, zoned O1 for professional office use. The property configuration provides multiple income-producing spaces while maintaining a cohesive office-oriented setup.
The asset offers excellent frontage and visibility along E Blanco Rd, with convenient access to Main St and I-10. It is presented for sale as a fit for either investors or owner-occupants looking for professional office space in a multi-building format.
With five total office units across four buildings, the property may support a range of lease-up and occupancy strategies within the constraints of the stated O1 professional office zoning.
The asset offers excellent frontage and visibility along E Blanco Rd, with convenient access to Main St and I-10. It is presented for sale as a fit for either investors or owner-occupants looking for professional office space in a multi-building format.
With five total office units across four buildings, the property may support a range of lease-up and occupancy strategies within the constraints of the stated O1 professional office zoning.
Key Highlights
- 1.32‑acre lot with four buildings and five leasable office units
- Zoned O1 for professional office use
- Convenient access to Main St. and I‑10
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$175,499
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,509,980
$3.5M
Cap Rate 7%
$2,507,129
$2.5M
Cap Rate 9%
$1,949,989
$1.9M
Market Conditions
NOI Build-Up for 12,877 SF
Gross rent
$284.3K $22.08/SF
− Vacancy
−$50.3K −$3.91/SF
EGI
$234.0K $18.17/SF
− OpEx
−$58.5K −$4.54/SF
NOI
$175.5K $13.63/SF
Area
Kendall 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%
$3,509,980
Cap Rate 7%
$2,507,129
Cap Rate 9%
$1,949,989
Alternative Uses
Best Use
Office B
$2.51M
$2.19M – $2.92M
NOI $175,499 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.38M
$2.96M – $3.94M
NOI $236,422 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
5
Office units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Five leasable office units across four buildings on a 1.32-acre lot, zoned O1 for professional office use.
Where is this office unit located?
The property is located at 916-930 E Blanco Rd Boerne, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 1.32‑acre lot with four buildings and five leasable office units; Zoned O1 for professional office use; Convenient access to Main St. and I‑10
