108 Austin St Seguin, TX 78155
- Commercial real estate
- 0.06 lot acres
Current Use by Public Records
- Seguin Jewelry / Jeweler
- Burnt Bean Company / Barbecue Restaurant
- The Burnt Bean / Barbecue Restaurant
Property Details for 108 Austin St
- Lot size
- 0.06 lot acres
- Property type
- Commercial real estate
- APN
- 1G-1460-0185-00334-000
- APU
- 1G1460018500334000
Description
This exceptional investment opportunity presents a 2,500-square-foot storefront located at 108 N Austin St, Seguin, TX 78155. The property, built in 1940, boasts a prime location in the heart of Seguin's historic downtown district, near the Guadalupe County Courthouse and multiple high-traffic intersections. Currently operating as a 100% occupied jewelry store (Seguin Jewelry), this single-tenant building offers a stable income stream with a month-to-month lease and rent bumps. The property features a large front glass display window, a back repair workshop, a private restroom, and upstairs storage space. The 0.057-acre lot provides 15 parking spaces. The building is zoned HDCOM and includes APNs 190467, 190468, 190469, & 28095. This Core retail investment is priced at $500,000 ($200/sq ft) and presents a compelling opportunity for investors seeking a stable, income-producing asset in a thriving downtown area. The property's historic charm and high visibility make it an ideal location for a variety of retail businesses. The building is a single-story structure with excellent street visibility and pedestrian traffic. This is a NNN lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $285,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $250,000
- Geo Method
- $290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $275,000
- Retail
- $215,000
- Mixed-Use
- $230,000
- Hospitality
- $275,000
- Educational
- $275,000
- Residential Income
- $215,000
- Energy
- $260,000
- Income-Based Land
- $210,000
- Food Service
- $245,000
Location Insight
- Map
- Local Demand
- City
- Seguin
- County
- Guadalupe
- State
- Texas
- Longitude
- -97.9648556
- Latitude
- 29.5685018
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA