Professional Office with Additional
1040 N Sam Houston San Benito, TX 78586
1040 N Sam Houston, San Benito, TX, 78586
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For Sale
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Office units with kitchen, front and rear parking, and a second private suite with restroom included for separate use or leasing.
Property Size1,020 SF
Price / SF$171.57
Days on Market96
Property Features for 1040 N Sam Houston
General Information
- Standard status
- Active
- Size
- 1,020 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1948
Listing agency
COLDWELL BANKER IMPACT PROPERTIES
Listed by
Justin Guzman · License #TREC # 0833088
Source
Crexi
Added: Apr 19 Updated: Jul 22 at 8:31PM Checked: Jul 22 at 8:31PM
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 COLDWELL BANKER IMPACT PROPERTIES
Investment Insights
Based on property information with market context.
This property offers office space with an in-unit kitchen and ample room suitable for a professional office setup, spa/saloon concept, or day care use. It also includes a second private suite with a restroom, which can be leased separately or used as an additional office area. A shed in the back is included in the sale; its condition is not known.
Located off Sam Houston near a busy intersection, the building provides parking in both the front and back, supporting convenient on-site access.
The offering is structured as office units with shared building features and two distinct areas, including one suite already equipped with a restroom for ready occupancy or separate leasing.
Located off Sam Houston near a busy intersection, the building provides parking in both the front and back, supporting convenient on-site access.
The offering is structured as office units with shared building features and two distinct areas, including one suite already equipped with a restroom for ready occupancy or separate leasing.
Key Highlights
- Office units built in 1948
- Kitchen included and can support a professional office, spa/saloon, or day care use
- Parking available in front and back of the building
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.4k | $18.00 |
| − Vacancy | −$5.9k | −$5.76 |
| EGI | $12.5k | $12.24 |
| − OpEx | −$3.1k | −$3.06 |
| NOI | $9.4k | $9.18 |
1,020 SF · lease $18.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$133.8K
$117.1K – $156.1K
NOI $9,364 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$175.6K
$153.7K – $204.9K
NOI $12,294 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Office units with kitchen, front and rear parking, and a second private suite with restroom included for separate use or leasing.
Where is this office units located?
The property is located at 1040 N Sam Houston San Benito, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Office units built in 1948; Kitchen included and can support a professional office, spa/saloon, or day care use; Parking available in front and back of the building
