Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1346 At Us Hwy La Vernia, TX 78121
    Back to Search
    Property profile & analytics

    1346 At Us Hwy La Vernia, TX 78121

    View on Map
    • Lifestyle centers
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 1346 At Us Hwy

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional retail opportunity presents 9,425 square feet of vacant space within the La Vernia Crossing Center expansion, located at FM 1346 and US Highway 87 in La Vernia, Texas, zip code 78121. The property is situated on a generous 10.211-acre lot and offers ample parking with 56 spaces. The center is zoned C-1 and is located in Wilson County. The available space is divisible to a minimum of 9,425 square feet, making it ideal for a variety of retail uses. Currently, the center houses a credit union (2,500 sq ft) and a Domino's (1,800 sq ft). End cap spaces are available, with options including double drive-thru lanes. Annual lease rates are competitive, ranging from $21.00 to $24.00 per square foot, NNN. This high-visibility location offers excellent access and strong potential for growth within a thriving community. Don't miss this chance to secure a prominent retail presence in a rapidly developing area of Texas.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Vernia
    County
    Wilson
    State
    Texas
    Longitude
    -98.1343
    Latitude
    29.3557

    Comparable in this City

    • Value Estimation by Request
      1.20 Acres

      Us-87

      Land • 1.20 Acres
      0 Us-87, La Vernia, TX 78121
      View Details
    • Value Estimation by Request
      1.27 Acres

      128 Magnolia Cir

      COMMERCIAL (GENERAL) • 1.27 Acres
      128 Magnolia Cir, La Vernia, TX 78121-0108
      View Details
    • Value Estimation by Request
      0.30 Acres

      108 Bluebonnet Rd

      COMMERCIAL (GENERAL) • 0.30 Acres
      108 Bluebonnet Rd, La Vernia, TX 78121
      View Details
    • Value Estimation by Request
      2.14 Acres

      194 Fm 1346

      COMMERCIAL (GENERAL) • 2.14 Acres
      194 Fm 1346, La Vernia, TX 78121-4494
      View Details
    • Value Estimation by Request
      128 SF

      La Vernia, TX 78121

      COMMERCIAL (GENERAL) • 128 SF
      La Vernia, TX 78121
      View Details
    • Value Estimation
      $735,000
      5,920 SF

      11985 Us Hwy 87th W

      COMMERCIAL (GENERAL) • 5,920 SF
      11985 Us Hwy 87th W, La Vernia, TX 78121-4541
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Dollar Tree Investment Opportunity

      Single-tenant Dollar Tree property in La Vernia, Texas.
      224 Fm 1346, La Vernia, TX 78121
      View Details
    • $2,950,000

      Custom Ranch with Resort Pool

      Fully decorated ranch with ponds, arena, and resort-style pool.
      1980 County Road 361, La Vernia, TX 78121
      View Details
    • $72,000
      1.00 Acre

      La Vernia Acre Country Lot

      One acre lot with open countryside views near San Antonio.
      701 Sunrise Ln, La Vernia, TX 78121
      View Details
    • $72,000
      1.00 Acre

      One Acre Country Corner Lot

      One-acre lot in La Vernia, 30 minutes from San Antonio.
      701 Sunrise Ln, La Vernia, TX 78121
      View Details
    • $69,000
      0.31 Acres

      Residential Land in Gated Community

      Homesites available in La Vernia's premiere gated community.
      129 Ash Pkwy, La Vernia, TX 78121
      View Details
    • $74,900
      0.30 Acres

      Residential Lot in Gated Community

      Residential lot in La Vernia, Texas, with community amenities.
      116 Bayberry Ct, La Vernia, TX 78121
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1346 At Us Hwy
    La Vernia, TX 78121
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1346 At Us Hwy, La Vernia, TX, 78121
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!