Historic Office Building For
For Sale
Contact for pricing
118 E Ashby Pl, San Antonio, TX 78212
1915 property ideal for law firm or professional services.
Property Size3,990 SF
Price / SF$1.84
Days on Market236
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 118 E Ashby Pl
General Information
Standard status
Active
Size
3,990 SF
Taxes and HOA fees
Annual Taxes
$31,086
Listing Agency:
All City San Antonio Registered Series
(210) 625-1459
Listed By:
Patrick Vallejo · License #663331
(210) 618-6924
Source:
Exprealty
Added: Feb 21
Changed: Oct 10
Last Checked: Oct 14 at 11:46PM
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
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 · market cap 741.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$890.6K – $1.19M
NOI $71,245 @ 7.0% cap · market cap 971.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,144
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
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.
