Retail Suite with Highway
New
For Sale
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11355 US HIGHWAY 87 S #4, Adkins, TX 78101
An adaptable open interior fronts US Highway 87 S and was previously used as a medical office.
Property Size800 SF
Price / SF$1.31
Days on Market4
Property Features for 11355 US HIGHWAY 87 S #4
General Information
Standard status
Active
Size
800 SF
Property subtype
Apts/Retail/Strip/BusPrk
Additional Details
Highway Access
Yes
Building Details
Year Built
1998
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 20 at 9:43PM
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 PIONEER REALTY PARTNERS, LLC
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Investment Insights
Based on property information with market context.
This 800-square-foot retail suite has an open floor plan and was previously used as a medical office. Built in 1998, the space can be leased individually or combined with contiguous Units 2 and 3; together, the available Units 2, 3, and 4 provide up to 2,400 square feet.
The property fronts US Highway 87 S. The open configuration offers flexibility for a range of layouts.
The property fronts US Highway 87 S. The open configuration offers flexibility for a range of layouts.
Key Highlights
- 800‑square‑foot suite with an open floor plan
- Frontage along US Highway 87 S
- Units 2, 3, and 4 are contiguous and available together, totaling up to 2,400 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,644
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,880
$212.9K
Cap Rate 7%
$152,057
$152.1K
Cap Rate 9%
$118,267
$118.3K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$15.8K $19.80/SF
− Vacancy
−$634 −$0.79/SF
EGI
$15.2K $19.01/SF
− OpEx
−$4.6K −$5.70/SF
NOI
$10.6K $13.31/SF
Area
Bexar County, TX
Vacancy
4.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$212,880
Cap Rate 7%
$152,057
Cap Rate 9%
$118,267
Alternative Uses
Best Use
Retail
$152.1K
$133.1K – $177.4K
NOI $10,644 @ 7.0% cap · market cap 1,013.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$216.5K
$189.5K – $252.6K
NOI $15,157 @ 7.0% cap · market cap 1,443.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 78101, TX
9,104
Population
3,059
Households
3
Avg Household Size
44
Median Age
27%
College-Educated
87%
High-School Grad
52.9 sq mi
ZIP Area
172
Density / Sq Mi
$90,413
Median Household Income
$45,510
Median Earnings
$887
Median Rent
$273,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - An adaptable open interior fronts US Highway 87 S and was previously used as a medical office.
Where is this retail space located?
The property is located at 11355 US HIGHWAY 87 S #4 Adkins, TX.
What are key features of this property?
This property features: 800‑square‑foot suite with an open floor plan; Frontage along US Highway 87 S; Units 2, 3, and 4 are contiguous and available together, totaling up to 2,400 square feet
