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Property profile & analytics
FOR LEASE
Retail space

121 Bulverde Crossing Rd Bulverde, TX 78163

20,160 SF 3.54 ac lot Built 2007
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US82-1406661
Property summary
AI-generated overview

This exceptional 19,991 square foot retail center is ideally situated in the thriving Bulverde, Texas market, at 121 Bulverde Crossing, zip code 78163, in Comal County. The property boasts a strong tenant mix, including ABCD Pediatrics, Bulverde Chamber of Commerce, 46th Street Pizza, Nutrition 46, Bulverde Vision Source, a nail salon, Alamo Heights Dermatology, and iPaw Pet Salon. Its strategic location along the north side of Bulverde Crossing, between US Highway 281 and Highway 46, ensures high visibility and accessibility. The center benefits from its proximity to a major Walmart Supercenter, across Highway 46, and a robust concentration of national retailers including HEB Plus!, Home Depot, Tractor Supply, Bealls, Auto Zone, Starbucks, Wendy's, Sonic, Subway, McDonald's, CVS, and Walgreens. This presents a significant advantage for attracting customers and maximizing business potential. The property is offered at a Net Net Net (NNN) lease rate of $7.57 per square foot. This prime retail space presents a unique opportunity for investors and businesses seeking a well-established location in a rapidly growing area of the desirable Texas Hill Country. The property is classified as strip retail with multiple tenants.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 20,160 SF
Lot 3.54 ac (154,290 SF)
APN 11-0117-0002-00
UPID US82-1406661
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
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.32M
Blend (final) Blend
$1.01M
Owner & transaction history
Nshe Tx Kingsville LLC · 11 yrs held
Nshe Tx Kingsville LLC
since 2014
4 recorded transactions
2017
Price N/A
2014
Price N/A
2009
Price N/A
2007
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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