$2,200,000
( $425.77Per Sq Foot )
$11,810 est/mo Sourced by Back At You5441, 5481 Fm 1102 , New Braunfels, TX 78132
New Braunfels, TX 78132
Description
With buildings dating back to the 1800's, this unique mixed-use commercial property isn't lacking any character or potential. Unrestricted zoning which means this gem can become a blank canvas to suit your investment needs & visions or kept as is operating at a 6 CAP rate. Located just across the street is a brand new SFR development and less than a 1/4 mile is a newly built & fully leased MF development. Average HH income of $134,151. High traffic road. Tons of visibility. And just minutes from downtown Gruene. Current NOI of 143K/annually produced by: 2 STR, 2 LTR & 2 commercial leases. New septic system installed 2023. SELLER FINANCING AVAILABLE.
Details
| MLS# | 1799688 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1865 |
| Days On Site | 56 |
| Listing Provided By | Lockwood Realty Group, LLC | Sarah Loredo |
Features
| SQ Feet | 5,167 |
|---|---|
| Zoning | C |
| Acreage | 1.35 |
Market Activity 78132
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Learn More About This Property
| State | TX |
|---|---|
| County | Comal |
| City | New Braunfels |
| Zip Code | 78132 |
| Area | Comal |
| School District | Comal |
| Listing VS Median (in 78132) | |
Price: $2,200,000 low | high Med: $552,445 SqFt: 5,167 low | high Med: 2,484 $ / SqFt: $426 low | high Med: $222 On Site: 56 low | high Med: 66.000000 | |
Listing Updated: September 25, 2024 at 6:36:49 PM PDT