Upgraded Office Building with Four
1211 Gladstone San Antonio, TX 78225
1211 Gladstone, San Antonio, TX, 78225
$290,000
For Sale
$290,000
Completely upgraded office property with four offices, multiple restrooms, and mini-split heating and cooling.
Property Size1,445 SF
Price / SF$200.69
Days on Market364
Property Features for 1211 Gladstone
General Information
- Standard status
- Active
- Size
- 1,445 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1955
Listing agency
Home Team of America
(210) 422-0776
Listed by
Diana Rodriguez
(210) 422-0776
Source
Xome
Added: Jul 25, 2025 Updated: Jul 22 at 10:53PM Checked: Jul 22 at 10:53PM
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 Home Team of America
Investment Insights
Based on property information with market context.
This upgraded office property offers four offices across a front and rear building. The front building contains three office spaces, including one main office with a kitchen and a full bath, plus two additional offices each with a half bath. The rear building provides a fourth office with a half bath. Heating and cooling are provided by mini-splits in both buildings.
The main building has two entrances, with both front and back access for additional parking. The property is fenced at both the front and rear for added security. The improvements, including electrical, plumbing, roof, walls, and the complete remodel, were completed with full city permits. The property is located next to an established H&R Block tax service.
The main building has two entrances, with both front and back access for additional parking. The property is fenced at both the front and rear for added security. The improvements, including electrical, plumbing, roof, walls, and the complete remodel, were completed with full city permits. The property is located next to an established H&R Block tax service.
Key Highlights
- Completely upgraded 1,445 SF office property with four office areas and multiple restrooms
- Floor plan includes three front offices (Main 1,045 SF plus two offices) and one back office (20' x 20')
- Multiple restrooms: one full bath and three half baths (including half baths in multiple offices)
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 | $31.9k | $22.08 |
| − Vacancy | −$5.6k | −$3.91 |
| EGI | $26.3k | $18.17 |
| − OpEx | −$6.6k | −$4.54 |
| NOI | $19.7k | $13.63 |
1,445 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$281.3K
$246.2K – $328.2K
NOI $19,694 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$368.6K
$322.5K – $430.0K
NOI $25,802 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Completely upgraded office property with four offices, multiple restrooms, and mini-split heating and cooling.
Where is this office building located?
The property is located at 1211 Gladstone San Antonio, TX.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Completely upgraded 1,445 SF office property with four office areas and multiple restrooms; Floor plan includes three front offices (Main 1,045 SF plus two offices) and one back office (20' x 20'); Multiple restrooms: one full bath and three half baths (including half baths in multiple offices)
