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Property profile & analytics
OFF-MARKET
Warehouses

31604 Rice Rd Bulverde, TX 78163

4,244 SF 4.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Bulverde, Texas property offers a unique blend of commercial and residential space. Situated on over 4.5 acres with prominent Rice Road frontage, this mixed-use offering includes a 4,244 square foot building featuring a 1,800 square foot warehouse/shop with a loading door, HVAC, and bathroom. The warehouse boasts clear ceiling heights varying up to 14 feet. In addition to the warehouse, the property includes a 2,444 square foot ranch house. The expansive lot provides ample parking, gated access, and room for expansion. The property benefits from three separate electrical meters, two water wells, and three septic tanks. Located in the highly desirable Comal County near San Antonio, this property presents a compelling investment opportunity for owner-users seeking a versatile space. The asking price is $1,100,000, translating to $259.19 per square foot. Built in 2020 and 1966 (partially), the property is fully fenced and offers a prime location with high traffic visibility. The property is zoned by Comal County and Bulverde.

Property profile
Verified
Property type Warehouses
Total area 4,244 SF
Lot 4.5 ac (196,020 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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