652 Houston AveNew Braunfels, TX 78130

Property Details for 652 Houston Ave

Year built

1985

Lot size

0.71 AC

Property size (Sq ft)

6,829 SF

Property type

Office properties

Property subtype

Office buildings

APN

5-0000-0608-00

APU

50000060800

Description

This exceptional single-story medical office building, located at 652 N Houston Ave in New Braunfels, Texas, offers 6,952 square feet of versatile space. Built in 1985 and extensively renovated in 2019, the Class B property boasts four suites, with up to three immediately available for lease. The minimum leasable space is 1,352 square feet, while a maximum of 5,477 contiguous square feet is currently available. This presents a unique opportunity for medical practices seeking expansion or relocation. The building's design caters to medical needs, featuring multiple exam rooms and lab spaces, many with existing plumbing. Convenient reception areas with file storage and private offices are also included in each suite. The property is situated in the New Braunfels submarket, offering easy access to major thoroughfares and a thriving patient base. The property's APN is 3002 and its zip code is 78130. This is a turnkey solution for medical professionals seeking a well-maintained, modern facility in a desirable location. Don't miss this chance to secure your ideal medical office space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,649,885

  6.5%

  $1,522,971

  7%

  $1,414,187

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,552,027

  Geo Method

  $1,552,027

• Alternative Use

  Use

  Valuation

  Residential

  $1,888,484

  Hospitality

  $1,729,841

  Educational

  $1,439,207

  Medical

  $1,488,704

  Retail

  $2,238,767

Location Insight

City

New Braunfels

County

Comal

State

Texas

Latitude

29.7165

Longitude

-98.1223

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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