201 Oak DrCanyon Lake, TX 78132
- Office buildings
- 2,576 SF
Property Details for 201 Oak Dr
- Year built
- 1980
- Lot size
- 2.57 AC
- Property size (Sq ft)
- 2,576 SF
- Property type
- Office buildings
- APN
- 74-0522-0019-00
- APU
- 740522001900
Description
This exceptional 2.57-acre commercial property in Canyon Lake, Texas, presents a unique investment opportunity. Located at 201 Oak Dr, 78132, this mixed-use land boasts three buildings, each two stories high, constructed in 1980. The property includes a clubhouse featuring two public restrooms and a half-Olympic-sized swimming pool. A slab-built structure is situated adjacent to recreation fields, offering versatile development potential. Its prime location offers convenient access to River Road and the FM306 intersection, placing it within walking distance of key thoroughfares and a short drive to the shores of Canyon Lake. The property's proximity to a newly constructed county law enforcement building further enhances its desirability and potential for future growth. Currently vacant, this property is priced at $625,000 and is offered for sale by owner. The substantial lot size and existing infrastructure provide a solid foundation for a variety of commercial ventures. This is a rare opportunity to acquire a well-positioned commercial property in a thriving Texas community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $483,485
- 6.5%
- $446,294
- 7%
- $414,415
-
Comparable approach
- Method
- Valuation
- Relative Method
- $585,448
- Geo Method
- $585,448
-
Alternative Use
- Use
- Valuation
- Residential
- $553,404
- Hospitality
- $506,915
- Educational
- $421,747
- Medical
- $436,252
- Retail
- $656,052
Location Insight
- City
- New Braunfels
- County
- Comal
- State
- Texas
- Latitude
- 29.8465
- Longitude
- -98.1741
- 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
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