Current Use by Public Records
- Office Spaces
Property Details for 529 Sh 46
- Year built
- 2022
- Property type
- Office Spaces
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boerne
- County
- Kendall
- State
- Texas
- Longitude
- -98.6279
- Latitude
- 29.8134
