Investment Overview

Marcus & Millichap is pleased to offer for sale 156 Canyon Blvd, 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 (within two miles), enhancing both visibility and long-term desirability. 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 1 hour from Austin. The surrounding area is supported by strong demographic fundamentals, including 11,000 + households within a 5-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. This environment enhances long-term optionality and supports value preservation, particularly in a market characterized by constrained supply of developable commercial land. 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.