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Property profile & analytics
OFF-MARKET
Office Spaces

529 Sh 46 Boerne, TX 78006

3,210 SF Built 2022
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 2022
Total area 3,210 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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