8691 Fm 2673Canyon Lake, TX 78133
- Retail properties
- 5,400 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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