Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1283 Academy Ave New Braunfels, TX 78130
    Property profile & analytics

    1283 Academy Ave, New Braunfels, TX 78130

    View on Map
    • Retail properties & Spaces
    • 6,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1283 Academy Ave

    Year built
    2025
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    The Comal Overlook, a brand-new, single-story building (2025 construction) in the heart of New Braunfels, offers exceptional commercial space within the 65-acre Town Creek master-planned community. This 6,000 square foot building features four suites, with one space currently available ranging from 1,500 to 6,000 contiguous square feet, making it ideal for a variety of uses. The property is classified as retail, office, and restaurant space, and is specifically suited for creative office or medical office tenants. The building boasts modern amenities including an elevator. Its convenient location provides easy access to N Walnut Ave, ensuring high visibility and convenient access for clients and employees. The flexible space allows for customization to meet specific business needs, making it an excellent opportunity for businesses seeking a prominent location in a thriving community. The building's design and location within the master-planned community offer a unique blend of functionality and aesthetic appeal. This is a rare opportunity to secure space in a newly constructed building in a prime New Braunfels location. Contact us today to learn more about leasing opportunities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Guadalupe
    State
    Texas
    Longitude
    -98.1372
    Latitude
    29.6997

    Comparable in this City

    • Value Estimation by Request

      711 Klein Rd

      Restaurants
      711 Klein Rd, New Braunfels, TX 78130
      View Details
    • Value Estimation by Request
      1.43 Acres

      1292 Business Interstate Hwy

      Restaurants
      1292 Business Interstate Hwy, New Braunfels, TX 78130
      View Details
    • Value Estimation by Request
      0.84 Acres

      1208 Academy Ave

      Medical Office Space
      1208 Academy Ave, New Braunfels, TX 78130
      View Details
    • Value Estimation by Request
      21,600 SF

      741 Generations Dr

      Medical Office Space
      741 Generations Dr, New Braunfels, TX 78130
      View Details
    • Value Estimation by Request
      2,153 SF

      1258 Gruene Rd

      Restaurants
      1258 Gruene Rd, New Braunfels, TX 78130
      View Details
    • Value Estimation by Request
      12.50 Acres

      1807 New Braunfels Tx 78130

      Lifestyle centers
      1807 New Braunfels Tx 78130, New Braunfels, TX 78130
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,160 SF

      Versatile Commercial Property in New Braunfels

      Commercially zoned property with diverse potential uses in prime location.
      640 N Houston Ave, New Braunfels, TX 78130
      View Details
    • $2,250,000
      9.76 Acres

      New Braunfels Commercial Land Available

      9.76 acre commercial lots near IH 35 and Creekside.
      2841 Goodwin Ln, New Braunfels, TX 78130
      View Details
    • $1,232,500
      2,768 SF

      Prime Corner Lot in New Braunfels

      High-traffic corner lot suitable for retail, office, or restaurant.
      211 N Business Ih 35, New Braunfels, TX 78130
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      395 SF

      Retail/Office Space Near Schlitterbahn

      Retail or office space in a high-tourism area.
      211 W Lincoln St, New Braunfels, TX 78130
      View Details
    • $5,000 /Mo
      4,014 SF

      New Braunfels Commercial Space Available

      Retail or office space near Schlitterbahn/Six Flags in New Braunfels.
      211 W Lincoln St, New Braunfels, TX 78130
      View Details
    • Contact for pricing

      Historic Downtown New Braunfels Site

      Former co-op site for dining, shopping, and entertainment.
      210 S Castell Ave, New Braunfels, TX 78130
      View Details
    • $20 SF/Yr

      Medical Office Space Near Hospital

      Second-generation medical office space available near Christus Hospital.
      New Spgs, New Braunfels, TX 78130
      View Details
    • Contact for pricing
      2,539 SF

      Office/Medical Office on Loop 337

      Office/medical office space with convenient highway access.
      876 Tx-337 Loop, New Braunfels, TX 78130
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1283 Academy Ave
    New Braunfels, TX 78130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1283 Academy Ave, New Braunfels, TX, 78130
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!