Historic Office Building For
118 E ASHBY PL, San Antonio, TX 78212
For Sale
Contact for pricing
1915 property ideal for law firm or professional services.
Property Size3,990 SF
Price / SF$1.84
Days on Market229
Property Features for 118 E ASHBY PL
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
All City San Antonio Registered Series
(210) 625-1459
Listed By:
Patrick Vallejo · License TX #663331
(210) 618-6924
Source:
Pioneerrealtypartners
Added: Mar 27
Changed: Nov 10
Last Checked: Nov 10 at 8:16AM
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 All City San Antonio Registered Series
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Investment Insights
Based on property information with market context.
This beautifully preserved property, constructed in 1915, currently operates as a law office. The 3,990 square foot building features a reception area with an original fireplace, high ceilings, rich wood trim, and abundant natural light. The first floor includes a corner office, conference room, full kitchen, two restrooms, and support spaces. The upstairs area offers five private offices, an additional conference room, and two full restrooms. A one-bedroom apartment is located in a secondary building on the property. The property is centrally located with convenient access to Downtown and major corridors. It is suitable for a law firm, professional services, medical practice, or an owner-user.
Key Highlights
- Prime central location with convenient access to Downtown and major corridors.
- Beautifully preserved 1915 property with timeless character.
- Ideal for law firm, professional services, medical, or owner‑user.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,379
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,087,580
$1.1M
Cap Rate 7%
$776,843
$776.8K
Cap Rate 9%
$604,211
$604.2K
Market Conditions
NOI Build-Up for 3,990 SF
Gross rent
$88.1K $22.08/SF
− Vacancy
−$15.6K −$3.91/SF
EGI
$72.5K $18.17/SF
− OpEx
−$18.1K −$4.54/SF
NOI
$54.4K $13.63/SF
Area
San Antonio, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,087,580
Cap Rate 7%
$776,843
Cap Rate 9%
$604,211
Alternative Uses
Best Use
Office B
$776.8K
$679.7K – $906.3K
NOI $54,379 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$890.6K – $1.19M
NOI $71,245 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,144
Businesses Nearby
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Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in San Antonio, TX
Properties on Market for Office buildings in San Antonio
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - 1915 property ideal for law firm or professional services.
Where is this office building located?
The property is located at 118 E ASHBY PL San Antonio, TX.
What are key features of this property?
This property features: Prime central location with convenient access to Downtown and major corridors.; Beautifully preserved 1915 property with timeless character.; Ideal for law firm, professional services, medical, or owner‑user.
