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Property profile

1292 Business Interstate Hwy New Braunfels, TX 78130

OFF-MARKET
Specialty properties
1,256 SF 1.43 ac lot Built 1936
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Property summary

AI-generated overview

This exceptional 1.43-acre property in New Braunfels, Texas, presents a compelling value-add investment opportunity. Located at 1292 N Business Interstate Hwy 35, this mixed-use property boasts a highly desirable C-3 zoning designation, providing flexibility for a variety of commercial ventures. The 1,256 square foot building, constructed in 1936, currently features a single unit and sits on a spacious lot offering ample room for expansion, parking, or storage. Its strategic location offers immediate access to I-35 and Hwy 46, as well as the vibrant downtown New Braunfels corridor, ensuring high visibility and convenient access for employees and customers. The existing structure, easily adaptable to office space or maintainable as a residential unit, adds immediate value and potential for diverse uses. This property is ideal for businesses seeking a central location with excellent accessibility and the potential for significant growth within a thriving Texas market. The asking price is $899,000. The property includes one building, one story, and zero loading docks. Comal County, zip code 78130.

Property profile

Verified
Property type Specialty properties
Year built 1936
Total area 1,256 SF
Lot 1.43 ac (62,291 SF)

Cap rate & NOI

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

Location

1292 Business Interstate Hwy 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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