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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

211 Business 35 New Braunfels, TX 78130

3,056 SF Built 1974
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1974
Total area 3,056 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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