328 Fm 306, New Braunfels, TX 78130 – Commercial Improved Land

CommercialYear Built 1997Total Assessed Value $3,590,670County Comal

Property Details

The Commercial property 328 Fm 306, New Braunfels, TX 78130 is located in Comal County. The specific property type is Commercial Improved Land. The total assessed value of this property is $3,590,670.

The gross building area is 76,440 square feet and the land area is 255,523 square feet for this Commercial Improved Land built in 1997.

Legal description: Lifehaus Industrial Park 4, Block 2, Lot 3Ar

$3,590,670

Market Value

N/A

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeCommercial

Sub Property TypeCommercial Improved Land

Building Area76,440

Land Size255,523

Land Value$0

Improved Value$0

Total Assessed Value$3,590,670

Year Built1997

County NameComal

Account Number36181

Cap RateN/A

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

Roof CoverMetal

Roof TypeFlat

Exterior WallsAsbestos shingle

Sales History

4/12/2019

Arms-length$143,235,600

Buyer

Usdlp Ll Llc

Seller

Gpt New Braunfels Owner Llc

Book Number

2019.12609

Recording Date

4/12/2019

Transaction Details

Usdlp Ll Llc acquired the property from Gpt New Braunfels Owner Llc through a Arms-length transaction on 4/12/2019 for $143,235,600.

4/26/2016

Arms-lengthNot Disclosed

Buyer

Gpt New Braunfels Owner Llc

Seller

Agnl Simpson Lp

Book Number

201606017378

Recording Date

4/26/2016

Transaction Details

Gpt New Braunfels Owner Llc acquired the property from Agnl Simpson Lp through a Arms-length transaction on 4/26/2016 for .

9/28/2006

Arms-length$3,500,000

Buyer

Agnl Simpson Lp

Seller

Simpson Racing Lp

Book Number

2006.6045028

Recording Date

9/28/2006

Transaction Details

Agnl Simpson Lp acquired the property from Simpson Racing Lp through a Arms-length transaction on 9/28/2006 for $3,500,000.

Property constructed in 1997

YSale Price (USD) byXSales Year

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Mortgage History

9/28/2006

Helocs both purchase money and non purchase money helocs$2,800,000

Borrower

Agnl Simpson Lp

Lender

Bear Stearns Commercial Mortgage Inc

Book Number

2006.45031

Recording Date

9/28/2006

Transaction Details

Agnl Simpson Lp borrowed the property from Bear Stearns Commercial Mortgage Inc through a Helocs both purchase money and non purchase money helocs transaction on 9/28/2006 for $2,800,000.

Property constructed in 1997

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2020	-	-	$3,590,670	$3,590,670	Usdlp Ll Llc	9450 W Bryn Mawr Ave...	Lifehaus Industrial ...	C425-FM306	310540-4	255,523	76,440
2019	$682,250	$2,908,420	$3,590,670	$3,590,670	Usdlp Ll Llc,	% Investcorp Interna...	Lifehaus Industrial ...	C425-FM306	310540-4	255,523	76,440
2018	$682,250	$2,572,180	$3,254,430	$3,254,430	Gpt New Braunfles Ow...	National Rax Search ...	LIFEHAUS INDUSTRIAL ...	C425-FM306	310540-4	255,523	76,440
2017	$682,250	$2,478,650	$3,160,900	$3,160,900	Gpt New Braunfles Ow...	National Rax Search ...	LIFEHAUS INDUSTRIAL ...	C425-FM306	310540-4	255,523	76,440
2016	$587,700	$2,573,200	$3,160,900	$3,160,900	Gpt New Braunfles Ow...	521 Fifth Avenue 30t...	Lifehaus Industrial ...	C425-FM306	310540-4	255,523	76,440
2015	$751,240	$2,321,070	$3,072,310	$3,072,310	Agnl Simpson Lp; Dba...	% Loren Cordes Simps...	LIFEHAUS INDUSTRIAL ...	C425-FM306	310540-4	255,523	76,440
2014	$751,240	$2,321,070	$3,072,310	$3,072,310	Agnl Simpson Lp	% Loren Cordes Simps...	LIFEHAUS INDUSTRIAL ...	C425-FM306	310540-4	255,523	76,440
2013	$751,240	$2,321,070	$3,072,310	$3,072,310	Agnl Simpson Lp	% Loren Cordes Simps...	-	C425-FM306	310540-4	255,523	76,440
2012	$751,240	$2,321,070	$3,072,310	$3,072,310	Agnl Simpson Lp	% Loren Cordes Simps...	-	C425-FM306	310540-4	255,523	76,440
2011	$751,240	$2,321,070	$3,072,310	$3,072,310	Agnl Simpson Lp	% Loren Cordes Simps...	-	C425-FM306	310540-4	255,523	76,440

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Rent & Occupancy

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	328 Fm 306, New Braunfels, TX 78130	—	-	255,523	1997	76,440	$ 3,590,670	-	-
Mission Valley Bank	1081 Wonder World Dr, San Marcos, TX 78666	08/22/2025	$ 4,602,200	28,619	1997	2,938	$ 902,070	$ 464,030	Blc Hot Dogs Inc
Simmons Bank	4454 Fm 482, New Braunfels, TX 78132	08/11/2025	$ 19,000,000	659,106	2022	3,384	$ 1,099,636	$ 889,790	Wpm Inc
Firstlockhart National Bank	120 W Hopkins St, San Marcos, TX 78666	07/22/2025	$ 257,200	7,351	2011	7,108	$ 705,270	$ 114,570
Guaranty Bank & Trust Na	4980 Transportation Way, San Marcos, TX 78666	06/05/2025	$ 1,645,826	140,525	2014	11,550	$ 1,500,000	$ 256,520	Autobus 2000 Llc
Rocket Mortgage Llc	118 E San Antonio St, San Marcos, TX 78666	05/27/2025	$ 430,411	3,006	0	1,080	$ 225,850	$ 126,200
Baron Creek Fund Ii Lp	712 E Hopkins St, San Marcos, TX 78666	05/15/2025	$ 475,000	18,250	1969	4,100	$ 662,280	$ 394,170
Blue Sky Bank	1012 Sh 123, San Marcos, TX 78666	05/07/2025	$ 18,250,000	30,535	2000	3,468	$ 1,080,000	$ 559,580	Qsr 2 Llc
Frost Bank	1702 Hunter Rd, San Marcos, TX 78666	02/20/2025	$ 100,000	16,553	2001	896	$ 199,020	$ 120,660
Bank & Trust Ssb	0 Valley Rd, Cibolo, TX 78108	02/10/2025	$ 250,000	231,304	2020	14,100	$ 794,400	$ 285,717	Mcinvestments Llc
Bank & Trust Ssb	0 Valley Rd, Cibolo, TX 78108	01/31/2025	$ 2,085,917	231,304	2020	14,100	$ 794,400	$ 285,717	Mcinvestments Llc

Mean$ 4,265,914

Median$ 1,142,961.0

Loan Amount Range$ 100,000 - $ 26,122,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
328 FM 306, NEW BRAUNFELS, TX 78130-2556	SIMPSON PERFORMANCE PRODUCTS	8306251774	TROPHIES AWARDS & MEDALS
328 FM 306, NEW BRAUNFELS, TX 78130-2556	TEAM SIMPSON RACING	8302140034	AUTOMOBILE RACING CAR EQUIPMENT
328 FM 306, NEW BRAUNFELS, TX 78130-2556	HANS PERFORMANCE PRODUCTS	8306251774	AUTOMOBILE RACING CAR EQUIPMENT
328 FM 306, NEW BRAUNFELS, TX 78130-2556	SIMPSON PERFORMANCE PRODUCTS	8306251774	SPORTING & ATHLETIC GOODS NEC (MFRS)

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License Details

This details prefers to stay low-key.

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