Listed by Call It Closed International Realty
$1,500,000
TX Hillcountry Bar with Land for Development (No zoning)
Details
APN 74-0388-0003-00
Property Type Retail, Mixed Use
Sub Type Gas Station, Convenience Store
Square Footage 5,398
Cap Rate 6.07%
NOI $85,000
Occupancy 100%
Tenancy Single
Pro-Forma NOI $85,000
Price per SqFt $259
Class B
Year Built 1966
Year Renovated 2019
Stories 1
Acreage 1.280
Zoning No Zoning in Comal County - Verified
Investment Type Redevelopment
Ground Lease No
No zoning: redevelop or expand this bar restaurant near Guadalupe River & Whitewater Amphitheatre!
Marketing description
Texas Commercial Capital Partners, LLC with CIC International Brokerage is pleased to present the exclusive listing of 13124 FM 306, Canyon Lake, Texas — a fully-leased, income-producing retail asset positioned on one of the fastest-growing tourist corridors in the Texas Hill Country. This distress-sale opportunity offers qualified investors the rare combination of immediate cash flow and significant value-add upside.
Currently operating as a successful bar and grill, the property's true value lies in its underutilized 1.28-acre footprint and the extraordinary demand for high-capacity dining, entertainment, and storage solutions in the Canyon Lake basin.
Investment highlights
- The property (Comal County verified )is not zoned and can be developed into a Convenient Store, Food Truck Park, industrial Park, etc.
- The Bar and event Centerhas $85,000 NOI — immediate day-one income for the buyer.
- 6.07% cap rate at $1,400,000 asking price — competitive for a high-traffic Hill Country retail corridor.
- 10,916–12,807 vehicles per day on FM 306; over 4 million annual vehicles with seasonal spikes during Float Season (May–Sept).
- Three distinct revenue streams available: Food Truck Park, Event/Concert Pre-Party Venue, and Boat/RV Storage on rear acreage.
- Avoid 12–18 month Comal County permitting delays — utilities and septic already in place. Infrastructure value priced at $25.11/SF.
- Verified no zoning in Comal County — maximum flexibility for future use, redevelopment, or expansion.
Listing Contacts
Listed by Call It Closed International Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,000.00
$7,083.33/mo
Valuation Metrics
0
DSCR
5.67%
Cap Rate
5.67%
ROI
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