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Property profile & analytics
FOR SALE
Commercial real estate

5367 State Highway 97 E Floresville, TX 78114

3,254 SF 27.67 ac lot
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-5566726
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, 3,200 square foot flex space located at 5367 State Highway 97 E, Floresville, Texas, 78114. The property, built in 2016 and renovated in 2022, sits on a generous 2-acre unrestricted lot, offering significant potential for future expansion or development. The building is classified as Class C industrial and features a single story with a 14-foot ceiling height, ideal for a variety of uses. The property boasts one loading dock and two dock-high doors, ensuring efficient loading and unloading operations. Currently leased under a NNN lease, this property offers a compelling 10% capitalization rate, making it an attractive addition to any investment portfolio. The asking price is $695,000. This is a single-unit property with 3,200 square feet of net rentable space. The property's location in Wilson County, Texas provides easy access to major transportation routes. The 2022 renovation ensures the property is in excellent condition and ready for immediate occupancy. This is a privately owned asset offering a strong return on investment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 3,254 SF
Lot 27.67 ac (1,205,305 SF)
APN 0077-00000-00108
UPID US82-5566726
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
$610k
Comparable Approach Comparable
$810k
Blend (final) Blend
$620k
Owner & transaction history
Kelly Lane Maxwell · 8 yrs held
Kelly Lane Maxwell
since 2017
2 recorded transactions
2017
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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