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    640 Walnut Ave New Braunfels, TX 78130

    For Lease
    $30 SF/Yr

    Modern New Braunfels Office Building

    Lot size:
    19,623 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 19,623 square foot office building, constructed in 2021, presents a unique investment opportunity in the thriving New Braunfels submarket of Texas. Located at 640 N Walnut Ave, 78130, this single-tenant property offers versatile space suitable for creative office, medical office, or traditional office uses. Currently, 2,550 square feet are available for lease, providing immediate income potential. The building boasts a total of 19,623 square feet, catering to a variety of business needs. Ample parking is available with a 5 spaces per 1000 square feet ratio. The property's prime location in New Braunfels, Texas offers easy access to major transportation routes and a vibrant local economy. This modern building is an excellent choice for businesses seeking a high-quality, well-maintained space in a desirable location. The building's design and functionality make it an attractive option for a variety of tenants. The available space presents a chance to establish a strong presence in a growing market. This is a single-tenant property, offering a streamlined management experience. The building's 2021 construction ensures modern amenities and efficient design. The property's location in New Braunfels, TX provides access to a robust workforce and a thriving community. This is an opportunity to acquire a well-situated, modern office building with significant potential for growth and return on investment.

    Property Features for 640 Walnut Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,623 SF
    Total Rate
    49057.5

    Building Details

    Year Built
    2021

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,010 SF
    Rate per SF
    $38

    HighLights

    • Modern exterior with stone, wood, and dark metal accents.
    • Prime corner location at N Walnut & N Academy Aves, offering high visibility on a major thoroughfare.
    • Situated at the entrance to the new Town Creek mixed‑use development in New Braunfels.
    • Walkable to City Hall, Recreation Center, and downtown amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Williams-Hirsch Custom Builders Custom Home Builder New Start Rehablitation ... Rehabilitation Center

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.137995
    Latitude
    29.6999483

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    FAQs

    What type of property is this?
    Medical office - Modern New Braunfels Office Building
    Where is this medical office located?
    The property is located at 640 Walnut Ave New Braunfels, TX.
    What is the lease rate?
    The lease rate is $38 SF/Yr.
    What are key features of this property?
    This property features: Modern exterior with stone, wood, and dark metal accents.; Prime corner location at N Walnut & N Academy Aves, offering high visibility on a major thoroughfare.; Situated at the entrance to the new Town Creek mixed-use development in New Braunfels.
    Request Owner's contact information
    640 Walnut Ave New Braunfels, TX 78130
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    New Braunfels, TX 78130
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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
    640 Walnut Ave New Braunfels, TX 78130
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