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    Office Building Near Downtown Title is generated by Realmo AI

    2321 N Main & Blf, San Antonio, TX

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    Office building with convenient access to major highways and districts.

    Type:OFFICE
    Property size:
    4,700 SF
    Lot size:
    0.40 Acres
    Price / SF:
    $170/SF
    Added:
    Apr 11, 2025
    Days on Market:
    436
    Last Refresh:
    May 20 at 8:57 pm

    Property Features for 2321 N Main & Blf

    General Information

    Standard status
    Active
    Size
    4,700 SF
    Lot size
    0.40 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Pete Tassos

    Listing agent Pete Tassos

    Listing office Sullivan Commercial Realty

    Listing date Apr 11, 2025

    Source Moodyscre

    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 Sullivan Commercial Realty

    HighLights

    • Corner lot location at N Main & W Craig Plc.
    • Convenient access to Hwy 281, IH‑10, and Central Business Districts.
    • Minutes from Hwy 281, Trinity University & the Pearl.
    • Just south of La Fonda on Main.
    • Between Olmos Park & Tobin Hill.

    Overview

    Located at the corner of N Main & W Craig Plc, this 4,700 square foot office building is situated just south of La Fonda on Main, between Olmos Park & Tobin Hill. The property offers convenient access to Hwy 281, IH-10, and Central Business Districts. It is also located minutes from Hwy 281, Trinity University, and the Pearl.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $103.8k $22.08
    − Vacancy −$18.4k −$3.91
    EGI $85.4k $18.17
    − OpEx −$21.4k −$4.54
    NOI $64.1k $13.63
    4,700 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $915.1K
    $800.7K – $1.07M (±1% cap)
    NOI $64,056 @ 7.0% cap · market cap 8.02%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $83,922 @ 7.0% cap · market cap 10.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.5227
    Latitude
    29.4636

    FAQs

    What type of property is this?
    Office building - Office building with convenient access to major highways and districts.
    Where is this office building located?
    The property is located at 2321 N Main & Blf San Antonio, TX.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Corner lot location at N Main & W Craig Plc.; Convenient access to Hwy 281, IH‑10, and Central Business Districts.; Minutes from Hwy 281, Trinity University & the Pearl.
    (210) 341-9292 Call to check price and availability
    More about this property
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