$650,000

4951 FM 1283, Pipe Creek, TX 78063

  • 20,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1997
  • Property Lot Size Icon1.05acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $33/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

High Cash Flow Mixed-Use Investment. 70% Occupied. Net Operating Income Positive As-Is at a 9% Cap Rate. Pro Forma Cap Rate 22%. Hill Country Market Place is an income-producing mixed-use asset located in the rapidly growing northwest San Antonio corridor, strategically positioned between Helotes, Bandera, Lakehills/Medina Lake, and Alamo Ranch. This property offers investors an exceptional opportunity to acquire a cash flowing commercial center with significant upside, anchored by a well-established restaurant, bar and entertainment venue, and custom cabinetry manufacturing and fabrication warehouse, office, and industrial yard for delivery and fleet vehicles. The center offers 20,000 square feet of lease space on just over 1 acre of land, with an approximate 65 parking spaces, situated on a corner parcel on the FM 1283 thoroughfare that experiences 4,000 average vehicles per day. The property is currently ~70% occupied and producing income, with a pro-forma NOI of approximately $146,627, delivering a projected cap rate exceeding 22%. The existing tenancy provides immediate cash flow, while remaining vacancy and operational upside create strong buyer position on day one. Property includes a food truck/RV hookup, an upstairs apartment, and community and ensuite restrooms. Schedule your tour today!

Listing Status:
Active
Date Added:
June 5, 2026
Data Last Updated:
July 7, 2026 at 2:51AM
Listing Office:
Leverage Realty Consulting Group : (800) 401-0199
Listing Agent:
Thomas Martinez : (210) 878-6683
MLS ID:
1972993
  • Disability Feature: Ext Door Opening 36"+No CarpetNo Steps DownLevel LotLevel DriveWheelchair Accessible
  • Roofing: Metal
  • School District: Bandera Isd
  • County: Bandera
  • Zoning: UNRESTRICTEDMedina Lake Estates 1 Lt 2 Pt 1.051 Acres15150000000020
  • Restrictions: Other
  • Utilities: BEC10000.0
  • Water: Well
  • Sewer: Septic

This listing courtesy of Thomas Martinez , Leverage Realty Consulting Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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