Technical
Financial
Distress signals
Property profile

1878 Herbelin Rd New Braunfels, TX 78132

FOR SALE
Office buildings
Property ID
US82-0433598
24,000 SF
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

- Presenting an exceptional investment opportunity in New Braunfels, TX! Phase 2 of Herbelin Plaza will include two 6,000 SF buildings. These 6,000 SF buildings, situated in the growing New Braunfels Hill Country area, are ideally suited for prospective Office / Office Building investors, or end-users looking to get their roots into one of the highest demographic areas of New Braunfels. With a shell condition, this property offers a blank canvas for customization, allowing investors and users to bring their vision to life. Boasting a spacious interior and a versatile layout, this building is poised to accommodate a variety of office configurations, making it an ideal choice for businesses seeking a tailored commercial space. Don't miss the chance to transform this property into a dynamic and high-value asset within your investment portfolio.

Property profile

Verified
Property type Office buildings
Total area 24,000 SF
UPID US82-0433598

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Park
  • Construction Company General Contractor

Location

1878 Herbelin Rd New Braunfels, TX 78132
New Braunfels metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2022
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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