894 Loop 337New Braunfels, TX 78130

Property Details for 894 Loop 337

Year built

1984

Lot size

0.69 AC

Property size (Sq ft)

7,014 SF

Property type

Office buildings

APN

45-0680-0026-00

APU

450680002600

Description

This exceptional office space, part of the Garden Business Park, presents a fantastic opportunity for businesses seeking a high-profile location. The suite, totaling 980 square feet, is situated within a single-story, 7,357 square-foot building constructed in 1984. The space is currently vacant and features a flexible layout including two smaller rooms and one larger room, adaptable to diverse business needs. Enjoy the benefits of central heating and air conditioning for year-round comfort. Large display windows provide excellent street visibility, maximizing your business's exposure. The building boasts 151 feet of frontage on Loop 337, ensuring high traffic and easy accessibility. This is a triple net lease opportunity in a well-maintained building, offering a strong foundation for growth. The property is classified as a Traditional Office, with a Wellness subtype, and is part of a larger multi-tenant building. This location provides a blend of professional functionality and convenient access, making it an ideal choice for a variety of businesses. The property is located near River Acres Drive. Don't miss this chance to secure a prominent space in a thriving business park.

• CAP approach

  CAP return

  Valuation

  6%

  $1,694,581

  6.5%

  $1,564,229

  7%

  $1,452,498

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,594,072

  Geo Method

  $1,594,072

• Alternative Use

  Use

  Valuation

  Residential

  $1,939,644

  Hospitality

  $1,776,703

  Educational

  $1,478,196

  Medical

  $1,529,034

  Retail

  $2,299,416

Location Insight

City

New Braunfels

County

Comal

State

Texas

Latitude

29.7186

Longitude

-98.103

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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