$16,500,000
( $825.00Per Sq Foot )
 $88,576 est/mo Sourced by Back At You

120 E Zipp Rd E Zipp Rd Rd , New Braunfels, TX 78130

New Braunfels, TX 78130

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Description

This exceptional 19-acre property offers a diverse portfolio of income-generating assets, making it an ideal acquisition for investors seeking a robust cash flow and long-term growth potential. Versatile Income Streams. FM 725 Road Frontage The property features a well-established nursery, providing a steady revenue stream. Additionally, multiple living quarters on-site accommodate seasonal nursery staff, ensuring operational efficiency and continuity. Commercial Leasing Opportunities Commercial-style building on the premises is leased to a thriving CrossFit gym and other businesses, further diversifying income sources and enhancing the property's financial stability. Strategic Location Situated within the San Antonio-Austin Corridor, this property benefits from the region's projected growth over the next 50 years. The corridor is poised to become a major economic hub, offering unparalleled connectivity and access to two of Texas' largest cities. Future Growth Potential As part of one of the fastest-growing regions in the United States, this property is well-positioned to capitalize on the increasing demand for commercial and residential spaces. The area's development plans and infrastructure improvements promise to enhance property values and investment returns. Investment Highlights Site: +/- 19 acres Zoning: Retail/Commercial/ Mixed Use School District: New Branfels ISD Existing Main Use: Nursery Age of Establishment: 50+ Plus Years Commercial Expansion Retail and Dining Business Parks Infrastructure Improvements Road Widening FM 725 Road Frontage Utilities and Services Education and Community Facilities New Schools Parks and Recreation Future Growth Potential Continued Development The accuracy of all information, regardless of source, is deemed reliable but is not warranted, guaranteed, should be independently verified and may be subject to change without notice

Details

MLS#4877280
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1980
Days On Site36
Listing Provided ByEngel & Volkers Austin | Gildardo Vences

Features

SQ Feet20,000
Building(s)5
Acreage19.00
Water FrontYes
Property ViewPond

 Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 3, 2024 at 11:26:08 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 11 minutes ago
StateTX
CountyGuadalupe
CityNew Braunfels
Zip Code78130
AreaGU
Community NameGARDEN OAKS
Listing VS Median (in GARDEN OAKS)
Price:
$16,500,000
low | high
Med:
$389,000
100% of Average
SqFt:
20,000
low | high
Med:
1,716
100% of Average
$ / SqFt:
$825
low | high
Med:
$227
100% of Average
On Site:
36
low | high
Med:
413.000000
8.716707021792% of Average
Sourced by Back At You
Listing Updated: September 16, 2024 at 12:07:01 PM PDT