8565 Fm 2673Canyon Lake, TX 78133

Property Details for 8565 Fm 2673

Year built

1964

Lot size

0.89 AC

Property size (Sq ft)

3,040 SF

Property type

Office properties

APN

16-0375-0005-00

APU

160375000500

Description

This exceptional commercial property, Startzville Retail Center, presents a prime opportunity in the thriving Canyon Lake submarket of New Braunfels, Texas. Located at 8565 FM 2673 #1, this property boasts a total of 4,700 square feet across two single-story buildings, built in 2017. The available space comprises 1,308 contiguous square feet, ideal for a variety of office uses. The space features a 12-foot ceiling height and is situated in a high-visibility location on FM 2673, offering excellent exposure to traffic. The property includes ample parking for tenants and customers. The center is conveniently located across from Dairy Queen and next to Bull BBQ, providing high foot traffic and visibility. The property sits on 1.78 acres of land in Comal County, Texas, zip code 78133. The building is currently configured as a traditional office space, previously occupied by a Farmers office. The property includes five total suites. There are no elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $646,648

  6.5%

  $596,906

  7%

  $554,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $690,901

  Geo Method

  $690,901

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,279,360

  Retail / Commercial

  $635,653

  Mixed-Use / Specialty

  $617,314

  Hospitality / Lodging

  $431,978

  Institutional / Educational

  $636,014

  Residential Income

  $744,136

  Multifamily

  $981,580

  Automotive / Energy

  $545,154

  Parking / Income-Based Land

  $204,006

  Restaurant / Food Service

  $286,768

  Healthcare / Senior Housing

  $649,526

Location Insight

City

Canyon Lake

County

Comal

State

Texas

Latitude

29.8442

Longitude

-98.2755

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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