24601 Tx-46 Spring Branch, TX 78070
This exceptional commercial property, located at 24601 State Hwy 46 in Spring Branch, Texas, presents a compelling investment opportunity. The 4.93-acre lot boasts an impressive 444 feet of frontage along Highway 46, providing unparalleled visibility and accessibility. Situated in Comal County, one of the fastest-growing counties in the United States, this property benefits from a thriving and expanding market. The land is strategically located just 4.33 miles from the intersection of Highway 281 and Highway 46, ensuring convenient access to major transportation routes. The area is already home to a variety of established retail businesses, including HEB, Walmart, Home Depot, and numerous fast-food chains, indicating a strong existing commercial presence and consumer base. This prime location, nestled between Boerne and New Braunfels, Texas, offers significant potential for a wide range of commercial developments. The property includes two existing buildings totaling 1,404 square feet, built in 1971, on a single story. The permitted zoning is OCL. The asking price is $1,000,000, translating to $712.25 per square foot. This property's size, location, and high visibility make it an exceptional opportunity for investors seeking to capitalize on the rapid growth of this desirable area.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.