Gutted Mixed-Use
New
For Sale
$750,000
103 Turner, Floresville, TX 78114
Commercial Improved Prop, Floresville, TX
Property Size5,400 SF
Lot Size0.62 Acres
Price / SF$138.89
Days on Market1
Property Features for 103 Turner
General Information
Property type
Other
Property subtype
Retail
Zoning
COMMERCIAL
Elementary school district
Floresville Isd
Middle school district
Floresville Isd
High school district
Floresville Isd
Subdivision
2800
Standard status
Active
APN
28150000000600
Size
5,400 SF
Lot size
0.62 Acres
Additional Details
Condition
Shell
Taxes and HOA fees
Tax Annual Amount
6571
Building Details
Year built
1985
Number of units
1
Roof type
Metal
Buildings
1
Listing Agency:
South Texas Realty, LLC
(830) 393-0000
Listed By:
Benjamin Lamberth
(210) 531-6695
Added: Oct 24
Last Checked: Oct 24 at 3:06PM
MLS# 1955326
Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property in Floresville includes a building with a gutted interior and a metal roof. The structure dates to 1985, and the 0.62-acre site is zoned commercial. Highway frontage is noted, with the property situated within city limits.
Connally Memorial Medical Center is less than 1 mile away; Walmart is 1 mile away, and HEB is 2 miles away. San Antonio is 20 miles from the property.
Connally Memorial Medical Center is less than 1 mile away; Walmart is 1 mile away, and HEB is 2 miles away. San Antonio is 20 miles from the property.
Key Highlights
- 0.62‑acre site zoned commercial
- Gutted building with metal roof; built in 1985
- Highway frontage within Floresville city limits
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,610
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,200
$1.3M
Cap Rate 7%
$937,286
$937.3K
Cap Rate 9%
$729,000
$729.0K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$116.6K $21.60/SF
− Vacancy
−$11.7K −$2.16/SF
EGI
$105.0K $19.44/SF
− OpEx
−$39.4K −$7.29/SF
NOI
$65.6K $12.15/SF
Area
Wilson County, TX
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,312,200
Cap Rate 7%
$937,286
Cap Rate 9%
$729,000
Alternative Uses
Best Use
Retail
$1.03M
$903.6K – $1.20M
NOI $72,286 @ 7.0% cap · market cap 9.64%
Second Best
Mixed Use
$937.3K
$820.1K – $1.09M
NOI $65,610 @ 7.0% cap · market cap 8.75%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,421 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 78114, TX
22,178
Population
9,212
Households
2.4
Avg Household Size
41
Median Age
24%
College-Educated
88%
High-School Grad
349.1 sq mi
ZIP Area
64
Density / Sq Mi
$84,260
Median Household Income
$47,336
Median Earnings
$1,079
Median Rent
$273,900
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoning and nearby retail and medical services contribute to the site's redevelopment context.
Where is this mixed-use property located?
The property is located at 103 Turner Floresville, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 0.62‑acre site zoned commercial; Gutted building with metal roof; built in 1985; Highway frontage within Floresville city limits
