For Sale
$828,000

529 Sh 46Boerne, TX 78006

Modern Flex Space, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Class A, 3,210 square foot industrial condominium in Boerne, Texas, is available for purchase at $828,000. Built in 2022, this vacant unit boasts 22-foot ceilings, two dock-high doors, and is fully climate-controlled with a 5-ton air handler and 3-phase power. The property features a 2,400 square foot floorplate and an 810 square foot mezzanine, offering versatile space ideal for a variety of uses, including office, showroom, distribution, light retail, or storage. Currently unzoned, this single-unit condominium presents a strong investment opportunity with a pro-forma NOI of $64,200 and a 7.50% pro-forma cap rate. The property is located at 529 SH 46 E, Boerne, TX 78006 and is ready for occupancy on October 1, 2024. The $257.94 per square foot price reflects the high-quality construction and desirable location. This owner-user opportunity allows for the conversion of rental payments into an equity-building investment. The property's flexible design and prime location make it an attractive option for businesses seeking a modern and efficient workspace.

Highlights

  • $828,000 asking price for a 3,210 square foot Class A industrial/office condominium.
  • Vacant, 3,210 square foot unit with a 7.50% pro-forma cap rate and $64,200 pro-forma NOI.
  • Located at 529 SH 46 E, Boerne, TX 78006.
  • Features include 22-foot ceilings, 2 dock-high doors, and 100% HVAC.
  • Built in 2022, this owner-user investment opportunity is suitable for various uses including office, distribution, and flex space.

Property Details for 529 Sh 46

Property type
Office properties, Industrial properties
Square Feet
3,210 SF
Class
A
Year Built
2022
Units
1

Location Insight

City
Boerne
County
Kendall
State
Texas
Latitude
29.81338480374
Longitude
-98.627942755012
529 Sh 46, Boerne, Texas

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529 Sh 46
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