San Antonio Flex Space
1202 N Flores St San Antonio, TX
1202 N Flores St, San Antonio, TX, 00000
Contact for pricing
For Sale
Contact for pricing
Centrally located flex space near downtown San Antonio.
Property Size15,608 SF
Lot Size0.41 Acres
Price / SF$83.29
Days on Market862
Property Features for 1202 N Flores St
General Information
- Standard status
- Active
- Size
- 15,608 SF
- Lot size
- 0.41 Acres
- Property subtype
- FLEX_R_AND_D
Listing agency
EP Commercial Real Estate
(210) 416-3491
Listed by
Elize Valdez Pruske · License #0367619
(210) 416-3491
Source
Moodyscre
Added: Mar 12, 2024 Updated: Jul 6 at 9:31AM Checked: Jul 19 at 5:19AM
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 EP Commercial Real Estate
Investment Insights
Based on property information with market context.
Located just outside the San Antonio central business district, this flex space is in the heart of Five Points, a dense urban community in one of the city's oldest and most walkable neighborhoods. The property is a few blocks north of the Finesilver Building. Its adjacency to downtown provides direct access to restaurants, hotels, and entertainment, including the Riverwalk and San Pedro Creek. The location is also easily accessible to the 46-acre San Pedro Park, the oldest park in San Antonio, which includes a swimming pool, library, tennis court, and softball center. Situated on N. Flores, the property is in close proximity to IH 10 and IH 35, providing easy access to all highway systems. The property is located on a bus line with a stop at the neighboring property. There is an adjacent market and numerous coffee shops, restaurants, bars and parks that can be reached in as little as 5 minutes. The property has a size of 15608 square feet.
Key Highlights
- Prime location just outside downtown San Antonio (CBD) in the walkable Five Points neighborhood, offering easy access to restaurants, hotels, and entertainment like the Riverwalk and San Pedro Creek.
- Excellent highway access (IH 10 and IH 35) for convenient travel to all parts of the city.
- Proximity to the 46‑acre San Pedro Park, featuring a swimming pool, library, tennis court, and softball center.
Local Financial Insights For Industrial
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 | $140.5k | $9.00 |
| − Vacancy | −$12.9k | −$0.83 |
| EGI | $127.5k | $8.17 |
| − OpEx | −$38.3k | −$2.45 |
| NOI | $89.3k | $5.72 |
15,608 SF · lease $9.00/SF/yr · vacancy 9.20% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.28M
$1.12M – $1.49M
NOI $89,284 @ 7.0% cap · market cap 6.87%
Second Best
Flex RnD
$1.26M
$1.10M – $1.47M
NOI $88,141 @ 7.0% cap · market cap 6.78%
Theoretical Best
Office A
$3.98M
$3.48M – $4.64M
NOI $278,693 @ 7.0% cap · market cap 21.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Texas Mobile Auto ...
Car Wash
Santo Bookkeeping Services
Accounting Firm
Signs By Tomorrow ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Guerrilla Gourmet — 1017 N Flores St, San Antonio, TX 78212
- Catering by G — 1135 Morales St, San Antonio, TX 78207
- Asukar — 700 N St Mary's St Suite 1400 Suite 1400, San Antonio, TX 78205
- Tobin Center Catering — 115 Auditorium Cir, San Antonio, TX 78205
- catering — 618 McCullough Ave, San Antonio, TX 78215
FAQs
What type of property is this?
Flex space - Centrally located flex space near downtown San Antonio.
Where is this flex space located?
The property is located at 1202 N Flores St San Antonio, TX.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime location just outside downtown San Antonio (CBD) in the walkable Five Points neighborhood, offering easy access to restaurants, hotels, and entertainment like the Riverwalk and San Pedro Creek.; Excellent highway access (IH 10 and IH 35) for convenient travel to all parts of the city.; Proximity to the 46‑acre San Pedro Park, featuring a swimming pool, library, tennis court, and softball center.
