1807 Fm 758 New Braunfels, TX 78130
This 12.5-acre commercial property in New Braunfels, Texas, presents a unique development opportunity. Located less than a mile from Clear Springs Restaurant on FM 758, near the New Braunfels airport, this level lot boasts C-1A zoning with an Airport Overlay, allowing for various commercial uses including retail, office, restaurant, daycare, or education-related businesses. The zoning also permits Assisted Living Facilities, Bed and Breakfast Inns, Community Homes, and Hospices. The property includes a 1,596 sq ft, three-bedroom, two-bathroom farmhouse built in 1979, currently vacant and used for storage, offering potential for renovation into office space. Additional structures are on-site, and the sellers are open to negotiation regarding their future. Existing infrastructure includes a water well and a lateral-field septic system. The property's adjacency to a new subdivision ensures a readily available customer base. Agricultural exemption is currently in place due to hay production, which may continue under the current zoning. Precise GPS directions require entering "1807 Farm to Market Road 758" to avoid misdirection. The asking price is $1,249,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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