This Office Property is no longer advertised on LoopNet.com.

672 Ridge Hill Dr
New Braunfels, TX 78130
Office Property For Sale

Investment Highlights

  • High-class office building excellent for a 1031 exchange, real estate investor, or owner-occupied situation
  • Main tenant for 52% of building is in a 5 year, triple net lease with inflation protection
  • Priced well below replacement cost for the area
  • Presently 100% occupied, $171,665 annual gross income, $117,547 Net annual income
  • Location, location, location sitting in the middle of one of the fastest growing real estate markets in the country
  • Price has been lowered to its absolute lowest point; therefore, lower offers will not be considered

Property Facts

Property Type
Office
Building Size
4,236 SF
Building Class
B
Year Built/Renovated
2005/2021
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,236 SF
Building FAR
0.15
Lot Size
0.66 AC
Zoning
C1A
Parking
19 Spaces (4.49 Spaces per 1,000 SF Leased)

Amenities

  • Conferencing Facility
  • Fireplace
  • Security System
  • Signage
  • Kitchen
  • Accent Lighting
  • Reception
  • Central Heating
  • High Ceilings
  • Natural Light
  • Recessed Lighting
  • Hardwood Floors
  • Air Conditioning
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
35-0486-0051-00
Land Assessment
$372,970
Improvements Assessment
$874,390
Total Assessment
$1,247,360
  • Listing ID: 32222920

  • Date on Market: 6/22/2024

  • Last Updated:

  • Address: 672 Ridge Hill Dr, New Braunfels, TX 78130

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