Property profile

414 Alexander Ave New Braunfels, TX 78130

OFF-MARKET
Warehouses
2,428 SF
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Property summary

AI-generated overview

This exceptional 2,428 square foot warehouse property, located at 414 Alexander Ave in New Braunfels, Texas, 78130, presents a unique investment opportunity. Zoned for short-term rentals, this property is ideally situated in the thriving Farm Haus community, approved for uses such as Airbnbs and VRBOs. The property's commercial classification offers versatility beyond residential applications. Its proximity to the vibrant Creekside area provides easy access to a wealth of amenities, including restaurants, a movie theater, shopping centers, and a hospital. Downtown New Braunfels, Schlitterbahn Waterpark, and Gruene are all within a convenient 10-minute drive. The property is classified as Industrial and Land, offering potential for various uses. The building itself comprises 2,428 square feet, and there are currently no individual units within the property. This prime location and flexible zoning make this warehouse an attractive prospect for investors seeking a high-return property in a rapidly growing area. The asking price for this property is $575,000. The property is situated in Comal County, Texas, and its coordinates are 29.714319 latitude and -98.0837334 longitude.

Property profile

Verified
Property type Warehouses
Total area 2,428 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

414 Alexander Ave New Braunfels, TX 78130
New Braunfels metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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