186 Julius Dr Canyon Lake, TX 78133
This 3,290 square foot commercial property in Canyon Lake, Texas, presents a compelling value-add investment opportunity. Located on a 0.23-acre lot at 186 Julius Dr., this single-story, 1980-built building underwent renovations in 2020. Currently vacant, it offers flexible use as office space, a showroom, or short-term rentals (VRBO/STR). The main area features a spacious 1,400 square foot open plan with a kitchen, large bar/island, two commercial refrigerators, and ample workspace. Three 10x8 roll-up doors enhance security and provide covered access to large windows and a sliding glass door. Three additional large rooms and two bathrooms are framed and ready for completion. Plumbing and wiring are in place. The property includes a private fenced yard with xeriscaping, ample parking, and conveys with a flat-screen TV, two commercial refrigerators, and a large framed Canyon Lake map. Its convenient location near FM 2673 offers proximity to Canyon Lake, the Guadalupe River, restaurants, shopping, and the post office, as well as easy access to I-35 and Hwy 281. The property is zoned C and features a gated entrance with a covered sidewalk. Video equipment is currently in use on the property. This property is ideal for an owner-operator or a single/multi-tenant investment.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.