Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale for a 0.44-acre land parcel located in New Braunfels, Texas. The property is located on Texas State Highway 46 east of Interstate 35. The parcel offers visible street frontage on Highway 46 as well as Cloud Lane. The average daily traffic count on Highway 46 is 31,064 vehicles. Utilities on the subject property include electric, water and septic tank. The parcel is surrounded by single-family developments including Hidden Springs, Saengerhalle Meadows, Village Mill Creek and Dauer Ranch. Farias-Spitzer Elementary School opened in August of 2023 and is adjacent to the subject parcel. The subject is also near New Braunfels National Airport and Central Texas Technology Center. This parcel is located in New Braunfels, TX approximately 30 miles north of San Antonio and 45 miles south of Austin in the heart of the I-35 corridor. The population within a five-mile radius of the facility grew 121 percent since 2000, which ranks it as the third fastest growing city in the country. Population and households are expected to grow nearly 18 percent over the next five years. New Braunfels offers a diverse economy with healthcare, manufacturing and logistics/distribution being their primary industries and major employers. In addition, the area is a well-known tourist attraction which includes several seasonal activities including Schlitterbahn waterpark, the Comal and Guadalupe rivers for fishing, boating and floating as well as the German culture celebration Wurstfest. Unemployment in New Braunfels is currently 3.1 percent.