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Property profile & analytics
OFF-MARKET Estimated value $725,000
Retail space

8691 Fm 2673 Canyon Lake, TX 78133-4978

5,400 SF 4.06 ac lot Built 1997
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US82-3725933
Property summary
AI-generated overview

This exceptional 830-square-foot retail property in Comal County presents a unique investment opportunity. Situated on a 4.05-acre lot, this single-story, Class C building constructed in 1997 offers a versatile space ideal for a variety of businesses. The property features a professional storefront design, seamlessly blending traditional retail functionality with the added benefit of an attached apartment. This apartment, accessible via a half-door from the main retail area, includes a fully equipped kitchen, a bedroom, and a full bathroom. This adaptable space can serve as additional office space, providing a private area for meetings, focused work, or even employee accommodations. The flexible layout allows for customization to meet diverse business needs, offering a dynamic workspace solution. The property benefits from high visibility and exposure to traffic on FM 2673, a key thoroughfare near the popular Canyon Lake area, ensuring excellent accessibility and potential for high customer traffic. The minimum divisible space is 830 square feet, currently vacant and ready for immediate occupancy. This property is a rare combination of retail space and attached living quarters, making it an attractive option for entrepreneurs seeking a unique and functional business location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 5,400 SF
Lot 4.06 ac (176,679 SF)
APN 50-0340-0805-00
UPID US82-3725933
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$668k
Blend (final) Blend
$725k
Owner & transaction history
Stewart Legacy Group LLC · 10 yrs held
Stewart Legacy Group LLC
since 2016
5 recorded transactions
2020
Price N/A
2016
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $885,000 +68.9%
Auto repair, garage $710,000 +35.3%
Commercial (general) $700,000 +33.3%
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