For Sale
$3,400,000

32685 Us-281 Bulverde, TX 78163

9,960 SF Office Building, High Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 9,960 square foot, single-story office building situated on a 7.45-acre lot in Bulverde, Texas. The property, located at 32685 US-281, zip code 78163, Comal County, boasts five units currently at 35% occupancy, offering significant upside potential for increased rental income. Built in 2004, this Class B building features a C-2 zoning designation, allowing for diverse commercial uses. The property includes ample parking (5 spaces per 1,000 sq ft) and is conveniently located along US Highway 281 N, providing high visibility and accessibility. The asking price is $3,400,000, translating to $341.37 per square foot. This value-add investment is ideal for an owner-operator seeking to increase occupancy and rental rates. The property is a multi-tenant building with two current tenants and a gross lease structure. No tenant credit rating is available. The property is not subject to a ground lease. This prime location in the far north central area offers proximity to prominent business and retail centers, promising strong future growth. The building's modern amenities and well-maintained infrastructure further enhance its appeal.

Highlights

  • 9,960 SF office building.
  • Five units offer flexible lease options.
  • C-2 zoning allows diverse commercial uses.
  • Prime Far North Central location.
  • 30% occupancy; significant growth potential.
  • Abundant tenant and visitor parking.

Property Details for 32685 Us-281

Property type
Office properties, Medical offices
Square Feet
9,960 SF
Class
B
Year Built
2004
Buildings
1
Stories
1
Lot Size (sq. ft)
324,522 SF
Units
5

Location Insight

City
Bulverde
County
Comal
State
Texas
Latitude
29.7789084
Longitude
-98.426176

FAQs

What type of property is this?
Office property - 9,960 SF Office Building, High Growth Potential
Where is the office property located?
The property is located at 32685 Us-281 Bulverde, TX.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 9,960 SF office building.; Five units offer flexible lease options.; C-2 zoning allows diverse commercial uses.
How can I contact the broker?
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32685 Us-281
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