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Property profile & analytics
OFF-MARKET
Office Spaces

3848 State Hwy 16th S Bandera, TX 78003-3814

690 SF 5.59 ac lot Built 2008
Entity Owned 4-yr Hold Absentee Owner
Property ID
US82-3363044
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2008
Construction STEEL FRAME
Total area 690 SF
Lot 5.59 ac (243,500 SF)
APN 165544
UPID US82-3363044
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Military Metal Art Inc Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mma Estates LLC · 4 yrs held
Mma Estates LLC
since 2022
2 recorded transactions
2024
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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