Mixed-Use Retail Restaurant
For Sale
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1121 W Hildebrand Ave, San Antonio, TX 78201
Mixed-use commercial property offering 1,293 SF with convenient access to IH-10 and additional rear parking.
Property Size1,293 SF
Price / SF$189.48
Days on Market247
Property Features for 1121 W Hildebrand Ave
General Information
Standard status
Active
Size
1,293 SF
Property subtype
Mixed Use, Retail
Zoning
C-2
Investment Type
Owner/User
Building Details
Year Built
1927
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Llano Realty Partners
Listed By:
Colin McLellan · License #TX1000204336
(210) 908-6345
Source:
Crexi
Added: Jan 2
Changed: Sep 4
Last Checked: Sep 4 at 11:18AM
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 Llano Realty Partners
Investment Insights
Based on property information with market context.
1121 W Hildebrand Ave is a 1,293 SF mixed-use commercial property located in San Antonio’s North Central submarket. The property is positioned for retail and restaurant use, and it is situated among other retailers and dining establishments.
The site is described as having high visibility and traffic. Convenient access to IH-10 is noted, along with extra parking available at the rear.
This configuration supports tenants seeking a storefront-style environment with on-site parking to support customer access.
The site is described as having high visibility and traffic. Convenient access to IH-10 is noted, along with extra parking available at the rear.
This configuration supports tenants seeking a storefront-style environment with on-site parking to support customer access.
Key Highlights
- 1,293 SF mixed‑use commercial property built in 1927
- Convenient access to IH‑10
- Additional parking available at the rear
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,652
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$393,040
$393.0K
Cap Rate 7%
$280,743
$280.7K
Cap Rate 9%
$218,356
$218.4K
Market Conditions
NOI Build-Up for 1,293 SF
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.
Gross rent
$27.2K $21.00/SF
− Vacancy
−$950 −$0.74/SF
EGI
$26.2K $20.27/SF
− OpEx
−$6.6K −$5.07/SF
NOI
$19.7K $15.20/SF
Area
San Antonio, TX
Vacancy
3.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$393,040
Cap Rate 7%
$280,743
Cap Rate 9%
$218,356
Alternative Uses
Best Use
Specialty Retail
$280.7K
$245.7K – $327.5K
NOI $19,652 @ 7.0% cap · market cap 8.02%
Second Best
Retail
$247.3K
$216.4K – $288.5K
NOI $17,308 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$329.8K
$288.6K – $384.8K
NOI $23,088 @ 7.0% cap · market cap 9.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78201, TX
42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Market
Vacancy Rate% for Retail in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Mixed-use commercial property offering 1,293 SF with convenient access to IH-10 and additional rear parking.
Where is this storefront property located?
The property is located at 1121 W Hildebrand Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 1,293 SF mixed‑use commercial property built in 1927; Convenient access to IH‑10; Additional parking available at the rear
