Company Profile: 32 Herff Rd
Background
32 Herff Rd refers to a commercial property located in Boerne, Texas, known as "The Village at 32 Herff." This development encompasses approximately 26,600 square feet of retail and office space, situated on a 3-acre lot. The property is strategically located on Herff Road, providing easy access to major highways such as IH-10 West and State Hwy 46, facilitating connectivity to downtown Boerne, San Antonio, and the broader Texas Hill Country.
Key Strategic Focus
The Village at 32 Herff is designed to serve as a mixed-use development, offering both retail and office spaces. The architectural design features "Modern Hill Country" aesthetics, aiming to blend contemporary design with the natural beauty of the region. The development is fully entitled with C1 zoning, ensuring compliance with local regulations and facilitating a range of commercial activities.
Financials and Funding
The property is listed for sale at $1,900,000, reflecting its valuation based on the land area, development potential, and strategic location. The listing indicates that all utilities, including roads, hydrants, water/sewer, power, and telecommunications, are in place, making it a "shovel-ready" project for potential investors or developers.
Pipeline Development
As a fully entitled project, The Village at 32 Herff is prepared for immediate development. The property offers nearly 10,000 square feet of space available for lease, with retail spaces ranging from 1,200 to 2,700 square feet. The development is designed to accommodate various commercial tenants, including retail stores and office spaces, catering to the needs of businesses seeking a presence in the Texas Hill Country.
Technological Platform and Innovation
While specific technological platforms or innovations are not detailed in the available information, the development's modern architectural design and strategic location suggest a focus on creating a contemporary and accessible commercial environment.
Leadership Team
The available information does not provide specific details about the leadership team associated with The Village at 32 Herff.
Market Insights and Dynamics
Boerne, Texas, is experiencing significant growth, with a population increase of 21.1% from 2018 to 2023. The average household income in the Boerne trade area is $123,824, indicating a prosperous community with potential demand for diverse commercial services.
Competitor Analysis
The Village at 32 Herff faces competition from other commercial developments in the Boerne area, including:
- The Shops at Boerne Commons: A retail center offering various shopping and dining options.
- Boerne MarketPlace: A commercial hub featuring a mix of retail stores and services.
These competitors provide similar retail and office spaces, contributing to the dynamic commercial landscape in Boerne.
Strategic Collaborations and Partnerships
The available information does not specify any strategic collaborations or partnerships associated with The Village at 32 Herff.
Operational Insights
The Village at 32 Herff's strategic location on Herff Road, with proximity to major highways and the Cibolo Nature Center Farmer's Market, positions it advantageously to attract both local and regional businesses. The development's "shovel-ready" status, with all utilities in place, enhances its appeal to potential investors and tenants seeking immediate operational capabilities.
Strategic Opportunities and Future Directions
The Village at 32 Herff presents opportunities for businesses to establish a presence in a growing community with a high average household income. The development's modern design and strategic location offer potential for attracting a diverse range of tenants, from retail stores to professional offices. Future directions may include further development phases, expansion of available spaces, or the introduction of additional amenities to enhance the property's appeal.
