156 Canyon Bnd - Medical FOR SALE


Canyon Lake, TX 78133- Hill Country
$549,000 USD
210-514-4342
156 Canyon Bnd, Canyon Lake, TX for Sale
$549,000 USD
Medical - FOR SALE
1/5
null | Request Cap Rate

156 Canyon Bnd
Canyon Lake, TX 78133
Hill Country


HIGHLIGHTS

  • Supply-Constrained Market
  • Turnkey Owner-User Opportunity With No Known Deferred Maintenance
  • Centrally Located Between Bulverde, Spring Branch, New Braunfels and San Marcos
  • Ideal Owner-User Investment in a High-Growth Central Texas Market

OVERVIEW

Marcus & Millichap is pleased to present for sale, 156 Canyon Bend, a well-positioned office property located in the highly desirable Canyon Lake, Texas market. The subject property consists of a 1,592-square-foot office building complemented by a 1,250-square-foot detached garage, situated on approximately 0.66 acres. The asset is strategically located just off FM 2673, the primary commercial corridor serving Canyon Lake, and benefits from close proximity to the lake itself. The property is serviced by city water and septic and presents no known deferred maintenance, offering a turnkey opportunity for an owner/user. Its central location between Bulverde, Spring Branch, San Marcos, and New Braunfels provides strong regional accessibility within one of the most active growth corridors in Central Texas. Canyon Lake continues to benefit from its position along the San Antonio–Austin corridor, approximately 45 minutes from San Antonio and one hour from Austin. The surrounding area is supported by strong demographic fundamentals, including over 11,000 households within a five-mile radius and a median household income approaching $100,000, reinforcing the area's stability and purchasing power. From a regulatory standpoint, the property is located in unincorporated Comal County, which allows for more flexible land use, reduced entitlement timelines, and lower development friction compared to incorporated municipalities. Canyon Lake is fundamentally a lifestyle-driven market, benefiting from recreational demand and sustained population growth, with Comal County recognized as one of the fastest-growing counties in Texas. These dynamics support long-term appreciation for well-located commercial assets, particularly those offering usability and flexibility. While the property benefits from strong location fundamentals, investors should consider market-specific dynamics. The local office market is relatively small and not heavily driven by traditional tenant demand, making the asset best suited for an owner/user buyer profile rather than a pure lease-up investment strategy. Overall, 156 Canyon Blvd represents a rare opportunity to acquire a functional, well-located office asset in a supply-constrained and rapidly growing submarket, with strong appeal for local businesses seeking ownership in the Canyon Lake area.

FOR SALE DETAILS

PRICE

$549,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,173 SF

ZONING

-

APN/PARCEL ID

78-0812-0015-01,78-0812-0031-00

ASK ABOUT THIS PROPERTY

James Stewart, CCIM, CPMMarcus & MillichapMore Info
210-514-4342

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James Stewart, CCIM, CPMMarcus & MillichapMore Info
210-514-4342

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.