8691 Fm 2673Canyon Lake, TX 78133

  • Retail properties
  • 5,400 SF
For Sale

Property Details for 8691 Fm 2673

Year built
1997
Lot size
4.06 AC
Property size (Sq ft)
5,400 SF
Property type
Retail properties
Property subtype
Retail space
APN
50-0340-0805-00
APU
500340080500

Description

This exceptional 830-square-foot retail property in Comal County presents a unique investment opportunity. Situated on a 4.05-acre lot, this single-story, Class C building constructed in 1997 offers a versatile space ideal for a variety of businesses. The property features a professional storefront design, seamlessly blending traditional retail functionality with the added benefit of an attached apartment. This apartment, accessible via a half-door from the main retail area, includes a fully equipped kitchen, a bedroom, and a full bathroom. This adaptable space can serve as additional office space, providing a private area for meetings, focused work, or even employee accommodations. The flexible layout allows for customization to meet diverse business needs, offering a dynamic workspace solution. The property benefits from high visibility and exposure to traffic on FM 2673, a key thoroughfare near the popular Canyon Lake area, ensuring excellent accessibility and potential for high customer traffic. The minimum divisible space is 830 square feet, currently vacant and ready for immediate occupancy. This property is a rare combination of retail space and attached living quarters, making it an attractive option for entrepreneurs seeking a unique and functional business location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,489,869
    6.5%
    $1,375,263
    7%
    $1,277,030
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,092,690
    Geo Method
    $3,092,690
  • Alternative Use

    Use
    Valuation
    Residential
    $1,160,086
    Hospitality
    $1,062,633
    Educational
    $884,098
    Medical
    $914,503
    Retail
    $1,375,263
8691 Fm 2673, Canyon Lake, Texas

Location Insight

City
Canyon Lake
County
Comal
State
Texas
Latitude
29.8456
Longitude
-98.2775
CBSA code
41700
CBSA name
SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,036
$510,010
$364,130
$874,140
-
$510,010
$364,130
$874,140

FAQs

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