Property summary
This exceptional New Braunfels, TX office building presents a compelling investment opportunity. Located at 672 Ridge Hill Dr, 78130, this single-story, 4,236 square foot Class B property boasts a 5.30% cap rate and a strong net operating income (NOI) of $114,836 annually. Built in 2005 and renovated in 2021, the building features 19 parking spaces and is situated on commercially zoned land. Currently housing four tenants with a mix of lease terms (including one 5-year lease with inflation… protection and several 1-year leases), the property offers excellent diversification. The 100% occupancy ensures immediate cash flow, with a potential for increased income through lease renewals or renegotiations. The seller is willing to assist with lease buyouts for certain suites, making this ideal for owner-occupancy. This property is priced attractively below replacement cost for the area, making it a highly desirable investment in a rapidly growing market. The building's strong financials, combined with its prime location and recent renovations, make it an exceptional opportunity for investors seeking a stable, high-return investment. The property is suitable for a 1031 exchange.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
2 recorded sales · 14 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,312 SF
- Lot area
- 0.66 ac
- Year built
- 2005
- Stories
- 1
- APN
- 35-0486-0051-00
- Assessed value · 2023
- $865,660
- Annual tax · 2023
- $14,946
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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