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Three-Level Retail Space with Rooftop Terrace
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1020 Navarro, San Antonio, TX 78205

Flexible downtown property with retail or residential zoning, river views, and substantial outdoor space.

Property Size1,800 SF
Price / SF$1.67
Days on Market52

Property Features for 1020 Navarro

General Information

Standard status Active
Size 1,800 SF

Additional Details

Floor Ground-3

Amenities

rooftop terrace
balcony

Building Details

Year Built 1950
Stories 3
Listing Agency: Davidson Properties, Inc.
Listed By: Jeannie Smith
Source: Texashomeguide
Added: Aug 28 Changed: Oct 14 Last Checked: Oct 7 at 2:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davidson Properties, Inc.

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Investment Insights

Based on property information with market context.

Built in 1950, this 1,800 SF retail space spans three floors and is zoned for retail or residential use. The ground level includes a kitchen and half bath, while the main floor provides an open interior with expansive windows oriented toward the river. The upper level contains a full bath and a balcony overlooking the street.

A large rooftop terrace adds significant exterior space to the property. The address is 1020 Navarro in downtown San Antonio’s Riverwalk area, placing the asset within an established central-city setting.

Key Highlights

  • 1,800 SF retail space built in 1950
  • Zoned for retail or residential use
  • Three floors with kitchen, half bath, and full bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,095
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,900 $481.9K
Cap Rate 7%
$344,214 $344.2K
Cap Rate 9%
$267,722 $267.7K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$35.9K $19.92/SF
− Vacancy
−$1.4K −$0.80/SF
EGI
$34.4K $19.12/SF
− OpEx
−$10.3K −$5.74/SF
NOI
$24.1K $13.39/SF
Area
San Antonio, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$481,900
Cap Rate 7%
$344,214
Cap Rate 9%
$267,722

Alternative Uses

Best Use
Retail
$344.2K
$301.2K – $401.6K (±1% cap)
NOI $24,095 @ 7.0% cap · market cap 803.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$459.1K
$401.8K – $535.7K (±1% cap)
NOI $32,140 @ 7.0% cap · market cap 1,071.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Drip IV Lounge Spa & Massage Center San Antonio River ... Theater & Performing Art Venue

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Fish Market Acupuncture Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,358
Businesses Nearby

Demographics for 78205, TX

2,339
Population
1,755
Households
1.3
Avg Household Size
43
Median Age
44%
College-Educated
84%
High-School Grad
1.2 sq mi
ZIP Area
1,949
Density / Sq Mi
$34,631
Median Household Income
$43,382
Median Earnings
$1,265
Median Rent
$470,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in San Antonio, TX

6.9% 2019
7.6% 2020
6.7% 2021
5.3% 2022
5.3% 2023
5.9% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible downtown property with retail or residential zoning, river views, and substantial outdoor space.
Where is this retail space located?
The property is located at 1020 Navarro San Antonio, TX.
What are key features of this property?
This property features: 1,800 SF retail space built in 1950; Zoned for retail or residential use; Three floors with kitchen, half bath, and full bath
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