211 Business 35 New Braunfels, TX 78130
This exceptional 3,056 square foot commercial property, located at 211 N Business 35 in New Braunfels, Texas, presents a lucrative investment opportunity. Situated on a prime 9,670 square foot corner lot, this Class C building boasts a daily average of 45,000+ vehicles passing by, ensuring high visibility and accessibility. Built in 1974, the single-story structure features three full bays, currently configured as an automotive shop, but zoned C-3, allowing for diverse uses including restaurant, bar, dealership, retail, office, or medical. The property is offered at $1,250,000, representing a compelling $458.12 per square foot. With a strong Net Operating Income (NOI) of $377,464 in 2021 and a 26.96% cap rate, this is an owner-user investment with significant upside potential. The existing automotive business, established since 1974, is included in the sale, and the seller may consider owner financing. Car lifts are included. The property's location offers convenient access from Business 35 and Seguin Street via a side street. The current owner reports significant referral business due to limited staffing, suggesting substantial growth opportunities. Low property taxes and operating expenses further enhance the profitability of this remarkable investment.
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.