3848 State Hwy 16th S, Bandera, TX 78003-3814
- Office Spaces
- 690 SF
- 5.59 lot acres
Current Use by Public Records
- Military Metal Art Inc / Theater & Performing Art Venue
Property Details for 3848 State Hwy 16th S
- Year built
- 2008
- Construction
- STEEL FRAME
- Lot size
- 5.59 lot acres
- Property type
- Office Spaces
- APN
- 165544
- APU
- 165544
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 17, 2024 | — | Mma Estates LLC | — | Deed · related | $1.2M · Frost Bank |
| Apr 1, 2022 | — | Mma Estates LLC | Scott L Morris | Venders Lien | $1.3M · Scott L Morris Etal |
Description
This exceptional Class A industrial investment property in Bandera, Texas, presents a compelling leaseback opportunity. The 7,900-square-foot warehouse, built in 2007, sits on a 5.59-acre lot and includes a 900-square-foot office space. Both the warehouse and office feature restrooms. The property boasts a well and septic system, is fully fenced and gated, and enjoys convenient access to San Antonio, Bandera, Boerne, and Interstate 10 West. Currently occupied by a credit-rated tenant under a triple-net lease extending to 2029, this single-tenant, 100% occupied property offers a stabilized investment with a $1,900,000 asking price ($240.51/sq ft). The property is zoned for commercial use and is offered fee simple. This is a rare opportunity to acquire a high-quality, income-producing asset in a desirable location with long-term lease security. The property's size and features make it suitable for a variety of industrial and commercial uses. The existing lease provides immediate cash flow and a strong foundation for future growth. This is a turnkey investment ready for immediate returns.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Bandera
- County
- Bandera
- State
- Texas
- Longitude
- -99.0226
- Latitude
- 29.7424
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
