529 Sh 46 Boerne, TX 78006
This exceptional Class A, 3,210 square foot industrial condominium in Boerne, Texas, is available for purchase at $828,000. Built in 2022, this vacant unit boasts 22-foot ceilings, two dock-high doors, and is fully climate-controlled with a 5-ton air handler and 3-phase power. The property features a 2,400 square foot floorplate and an 810 square foot mezzanine, offering versatile space ideal for a variety of uses, including office, showroom, distribution, light retail, or storage. Currently unzoned, this single-unit condominium presents a strong investment opportunity with a pro-forma NOI of $64,200 and a 7.50% pro-forma cap rate. The property is located at 529 SH 46 E, Boerne, TX 78006 and is ready for occupancy on October 1, 2024. The $257.94 per square foot price reflects the high-quality construction and desirable location. This owner-user opportunity allows for the conversion of rental payments into an equity-building investment. The property's flexible design and prime location make it an attractive option for businesses seeking a modern and efficient workspace.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.