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Property profile & analytics
OFF-MARKET
Warehouses

509 Riv City Dr Canyon Lake, TX 78130

10,573 SF Built 2024
Property ID
Property summary
AI-generated overview

This exceptional 10,573-square-foot industrial warehouse, located at 509 River City Drive in New Braunfels, Texas, presents a unique leasing opportunity. Built in 2024, the property is currently entirely vacant and offers flexible space options ranging from a minimum of 1,510 square feet to a maximum contiguous space of 10,500 square feet. The building features seven individual suites, each with its own drive-in bay door, providing convenient access for loading and unloading. The warehouse boasts a depth of approximately 50 feet and a width of approximately 210 feet. Currently, the space is a "hot-house" configuration, meaning it lacks existing office space, restrooms, and other amenities. However, the possibility of adding improvements is negotiable with the landlord. The property is situated in Comal County, Texas, with a zip code of 78130, and is ideally suited for various industrial uses, including warehousing, distribution, and flex space needs. The current tenant's lease expires at the end of January 2025, making this a prime opportunity for immediate occupancy. This is a rare chance to secure a brand-new, highly adaptable warehouse space in a desirable location.

Property profile
Verified
Property type Warehouses
Year built 2024
Total area 10,573 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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