Investment Overview

Marcus & Millichap is pleased to offer for sale the development opportunity located on Friesenhahn Lane in New Braunfels, Texas. Situated within the booming Austin–San Antonio growth corridor, the site offers potential for a variety of commercial uses, including multifamily, flex industrial, industrial outdoor storage, single-tenant industrial, or self-storage. As more households and businesses are drawn to New Braunfels for its affordability and strategic location between Austin and San Antonio, this property is ideally suited for forward-looking developers aiming to capitalize on unmet demand across multiple asset classes. The site is conveniently situated just off of Interstate 35 southbound frontage road, providing immediate access to one of the United States’ busiest transportation routes. This prime location makes it ideal for distribution, service, or light assembly operations. Corporate users seeking build-to-suit opportunities for their operations or logistics functions will find this site particularly appealing due to its favorable regional positioning and direct highway access. With tight industrial vacancy rates in the area and rising rents in both Austin and San Antonio, a well-executed single-tenant industrial development at this site could achieve strong lease terms. The property is also close to several of New Braunfels’ fastest-growing residential communities, which feature large-lot single-family homes, high homeownership rates, and strong discretionary income. Furthermore, the site’s proximity to upscale residential neighborhoods and major commuting routes presents an excellent opportunity for garden-style or townhome residential development, providing affordable housing with suburban appeal.