Urban Flex
For Sale
Contact for pricing
Pending
1202 N Flores St, San Antonio, TX 78212
Near IH 10 and IH 35 with bus service at the neighboring property.
Property Size15,608 SF
Days on Market951
Property Features for 1202 N Flores St
General Information
Standard status
Pending
Size
15,608 SF
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Listing Agency:
EP Commercial Real Estate
Listed By:
Elize Valdez Pruske · License #0367619
(210) 416-3491
Source:
Moodyscre
Added: Mar 12, 2024
Changed: Oct 10
Last Checked: Oct 16 at 11:21AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 15,608-square-foot flex space is positioned in Five Points, an established urban area just north of the San Antonio CBD. Its setting places the property near downtown destinations and neighborhood services, including restaurants, hotels, coffee shops, bars, and parks.
Access is supported by proximity to IH 10 and IH 35, with connections to broader city highway systems. A bus stop is located at the neighboring property, while an adjacent market adds a nearby convenience amenity. San Pedro Park, a 46-acre public park with a swimming pool, library, tennis court, and softball center, is also within the surrounding area.
Access is supported by proximity to IH 10 and IH 35, with connections to broader city highway systems. A bus stop is located at the neighboring property, while an adjacent market adds a nearby convenience amenity. San Pedro Park, a 46-acre public park with a swimming pool, library, tennis court, and softball center, is also within the surrounding area.
Key Highlights
- 15,608‑square‑foot flex space
- Located in Five Points just north of the San Antonio CBD
- Near IH 10 and IH 35 for access to city highway systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,284
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,785,680
$1.8M
Cap Rate 7%
$1,275,486
$1.3M
Cap Rate 9%
$992,044
$992.0K
Market Conditions
NOI Build-Up for 15,608 SF
Gross rent
$140.5K $9.00/SF
− Vacancy
−$12.9K −$0.83/SF
EGI
$127.5K $8.17/SF
− OpEx
−$38.3K −$2.45/SF
NOI
$89.3K $5.72/SF
Area
San Antonio, TX
Vacancy
9.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,785,680
Cap Rate 7%
$1,275,486
Cap Rate 9%
$992,044
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,283
Businesses Nearby
Well-served
Demand for This Use
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 Industrial in San Antonio, TX
Similar Off Market Nearby
- 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
- Guerrilla Gourmet — 1017 N Flores St, San Antonio, TX 78212
Frequently Asked Questions
What type of property is this?
Flex space - Near IH 10 and IH 35 with bus service at the neighboring property.
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: 15,608‑square‑foot flex space; Located in Five Points just north of the San Antonio CBD; Near IH 10 and IH 35 for access to city highway systems
