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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    23025 Interstate 35th N New Braunfels, TX 78132

    • Warehouses
    • 2,400 SF
    • 6.60 lot acres
    OFF-MARKET
    Value Estimations
    $280,000
    Show details
    Cap Rate Potential
    6%
    Warehouses
    Location Intelligence
    Property ID
    US82-8136291
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 23025 Interstate 35th N

    Year built
    1984
    Lot size
    6.60 lot acres
    Property size
    2,400 SF
    Property type
    Warehouses
    APN
    74-0175-0006-00
    APU
    740175000600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $290,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $290,000
      6.5%
      $270,000
      7%
      $250,000

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $315,000
      COMMERCIAL (GENERAL)
      $295,000
      OFFICE BUILDING
      $255,000
      RETAIL STORES
      $235,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New Braunfels
    County
    Comal
    State
    Texas
    Longitude
    -98.2264
    Latitude
    29.6341
    CBSA code
    41700
    CBSA name
    SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $73
    $650
    $4,780
    $5,430
    -
    $1,187,720
    $4,780
    $1,192,500

    Comparable in this City

    • Value Estimation
      $1,760,000
      395,800 SF

      175 Southwestern Ave Ste, Unit 105

      WAREHOUSE, STORAGE • 395,800 SF
      175 Southwestern Ave Ste, New Braunfels, TX 78132-4470
      View Details
    • Value Estimation
      $450,000
      14,381 SF

      22140 Old Nacogdoches Rd

      WAREHOUSE, STORAGE • 14,381 SF
      22140 Old Nacogdoches Rd, New Braunfels, TX 78132-4847
      View Details
    • Value Estimation
      $355,000
      10,500 SF

      281 Resource Dr

      WAREHOUSE, STORAGE • 10,500 SF
      281 Resource Dr, New Braunfels, TX 78132-3870
      View Details
    • Value Estimation
      $315,000
      1,560 SF

      1821 Sattler Rd

      WAREHOUSE, STORAGE • 1,560 SF
      1821 Sattler Rd, New Braunfels, TX 78132
      View Details
    • Value Estimation
      $535,000
      5,757 SF

      578 Fm 1863

      WAREHOUSE, STORAGE • 5,757 SF
      578 Fm 1863, New Braunfels, TX 78132-3707
      View Details
    • Value Estimation
      $280,000
      875 SF

      New Braunfels, TX 78132

      WAREHOUSE, STORAGE • 875 SF
      New Braunfels, TX 78132
      View Details

    Similar Nearby for Sale

    • $1,350,000
      165,528 SF

      Mixed-Use Property Near Canyon Lake

      3.8-acre mixed-use property with income potential near Canyon Lake.
      1200 Hinch Dr, New Braunfels, TX 78132
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    • $1,925,000
      5,683 SF

      Prime New Braunfels Warehouse

      15 Acres, 9 Ensuite Bedrooms, $1.9M
      200 Elm Creek Rd, New Braunfels, TX 78132
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    • $1,925,000
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      Prime New Braunfels Ranch Compound

      15 Acres, 9 Ensuite Bedrooms, Huge Potential
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    • $1,767,672
      6.95 Acres

      Prime New Braunfels Industrial Land

      6.95 Acres, M-2 Zoning, Ready to Build
      0 Fm 482, New Braunfels, TX 78132
      View Details
    • $1,999,900
      17.15 Acres

      Prime 17-Acre Commercial Land

      New Braunfels, TX development opportunity.
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    • $2,500,000
      9.72 Acres

      New Braunfels Commercial Property For Sale

      7+ acre commercial property with storage facility between San Antonio and Austin.
      4500 Fm 1102, New Braunfels, TX 78132
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      New Braunfels Warehouse For Lease

      6,000 SF warehouse on 1.15 acres in New Braunfels.
      5738 Safari Dr, New Braunfels, TX 78132
      View Details
    • Contact for pricing
      3,850 SF

      New Braunfels Industrial Flex Space

      Modern Flex Space, 3850 sqft, New Construction
      6420 Fm 1102, New Braunfels, TX 78132
      View Details
    • Contact for pricing
      11,900 SF

      New Braunfels Industrial Flex Space

      Modern Flex Space, 2,975-11,900 SF
      6420 Fm 1102, New Braunfels, TX 78132
      View Details
    • $2,750 /Mo
      1,500 SF

      Flex Space with Outdoor Storage

      Flex space featuring warehouse, parking, and outdoor storage.
      4757 Fm 482, New Braunfels, TX 78132
      View Details
    • $1.00 SF/Yr
      30,000 SF

      New Braunfels Industrial Space Available

      Customizable industrial space with utilities, suitable for various operations.
      5135 Fm 482, New Braunfels, TX 78132
      View Details
    • $1.08 SF/Yr
      100,000 SF

      Industrial Units Available for Lease

      Industrial units for lease or sale near San Marcos and New Braunfels.
      6420 Farm To Market 1102, New Braunfels, TX 78132
      View Details
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    New Braunfels, TX 78132
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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