Flex Space with Secured
For Sale
Contact for pricing
10919 Iota Drive San, San Antonio, TX 78217
Private offices accompany secured outdoor yard space in this commercial property.
Property Size11,870 SF
Days on Market158
Property Features for 10919 Iota Drive San
General Information
Standard status
Active
Size
11,870 SF
Property subtype
Industrial
Lease Term
NNN
Additional Details
Fenced Yard
Yes
Clear Height
12 ft
Building Details
Building Size
11,870 SF
Year Built
1975
Properties For Sale
at 10919 Iota Drive San Contact us10919 Iota
Size
4,000 SF
Term
Negotiable
10923 Iota
Size
2,000 SF
Term
Negotiable
Listing Agency:
Caisson Real Estate
Listed By:
Adam Lippstone · License #TX #751039
(210) 552-4071
Source:
Caissonre
Added: May 14
Changed: Oct 16
Last Checked: Oct 16 at 7:52AM
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 Caisson Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex-space property combines private offices with a secured yard, offering a mix of enclosed workspace and controlled outdoor area. The building provides 12' clear height and was built in 1975.
Located at 10919 Iota Drive in San Antonio, Texas, the property is positioned for convenient access as stated in the property information. Its combination of office areas, yard space, and clear height supports a versatile commercial configuration within the flex-space category.
Located at 10919 Iota Drive in San Antonio, Texas, the property is positioned for convenient access as stated in the property information. Its combination of office areas, yard space, and clear height supports a versatile commercial configuration within the flex-space category.
Key Highlights
- Secured yard included
- Private offices within the property
- 12' clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,032
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,340,640
$1.3M
Cap Rate 7%
$957,600
$957.6K
Cap Rate 9%
$744,800
$744.8K
Market Conditions
NOI Build-Up for 11,870 SF
Gross rent
$114.0K $9.60/SF
− Vacancy
−$10.8K −$0.91/SF
EGI
$103.1K $8.69/SF
− OpEx
−$36.1K −$3.04/SF
NOI
$67.0K $5.65/SF
Area
San Antonio, TX
Vacancy
9.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,340,640
Cap Rate 7%
$957,600
Cap Rate 9%
$744,800
Alternative Uses
Best Use
Industrial
$970.0K
$848.8K – $1.13M
NOI $67,901 @ 7.0% cap · market cap 679,010.00%
Second Best
Flex RnD
$957.6K
$837.9K – $1.12M
NOI $67,032 @ 7.0% cap · market cap 670,320.00%
Theoretical Best
Office A
$3.03M
$2.65M – $3.53M
NOI $211,948 @ 7.0% cap · market cap 2,119,480.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
12 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
997
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78217, TX
33,562
Population
16,179
Households
2.1
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
10.1 sq mi
ZIP Area
3,323
Density / Sq Mi
$56,852
Median Household Income
$33,931
Median Earnings
$1,186
Median Rent
$216,100
Median Home Value
Market
Vacancy Rate% for Industrial in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Flex space - Private offices accompany secured outdoor yard space in this commercial property.
Where is this flex space located?
The property is located at 10919 Iota Drive San San Antonio, TX.
What are key features of this property?
This property features: Secured yard included; Private offices within the property; 12' clear height
