Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Network Tech Center Flex Space Title is generated by Realmo AI

    12400 12450 & 12460 Network Blvd, San Antonio, TX 78249

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex buildings with access to IH-10 and Loop 1604.

    Type:Office
    Property size:
    85,000 SF
    Added:
    Nov 23, 2024
    Days on Market:
    535
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 12400 12450 & 12460 Network Blvd

    General Information

    Standard status
    Active
    Size
    85,000 SF
    Property subtype
    Office

    Spaces For Lease

    at 12400 12450 & 12460 Network Blvd Contact us

    We can help!

    Listing Contact
    Jeremy Peterson

    Listing agent Jeremy Peterson License #TX 0714916

    Listing office St. Croix Capital Companies

    Listing date Nov 23, 2024

    Source Crexi

    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 St. Croix Capital Companies

    HighLights

    • Excellent access to IH‑10 and Loop 1604.
    • Located in University Park on Network Blvd.
    • Close proximity to numerous retail amenities.
    • Close proximity to restaurants.
    • Close proximity to hotels.
    • Close proximity to business support services.

    Overview

    Network Tech Center comprises three single-story flex buildings, totaling approximately 85,000 square feet. Situated in University Park on Network Boulevard, the location provides access to IH-10 and Loop 1604. The project is also located near retail amenities, restaurants, hotels, and business support services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Well Med Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • la Madeleine — 11745 I-10 Suite 101, San Antonio, TX 78230

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.5886746
    Latitude
    29.5495489

    Nearby Similar for Lease

    • Contact for pricing

      Renovated Office Suite For Lease

      Newly renovated 642 SF office suite with three private rooms.
      13300 Old Blanco Rd 301, San Antonio, TX 78216
      View Details
    • Contact for pricing

      TX, San Antonio - Wittigs Office

      2018 Avenue B, San Antonio, TX 78215
      View Details
    • Contact for pricing

      TX, San Antonio - San Pedro Ave

      13750 San Pedro Ave, Unit 730, San Antonio, TX 78232
      View Details
    • Contact for pricing

      TX, San Antonio - NE Loop 410

      40 Loop 410, Unit 100, San Antonio, TX 78216
      View Details
    • Contact for pricing

      North Stone Oak

      18756 Stone Oak Pkwy, Unit 200, San Antonio, TX 78258
      View Details
    • Contact for pricing

      TX, San Antonio - Trailcrest

      1350 Loop 1604, San Antonio, TX 78232
      View Details
    • Sponsored
      Contact for pricing

      TX, San Antonio - Soledad St

      454 Soledad St, Unit 3RD, San Antonio, TX 78203
      View Details
    • Contact for pricing

      TX, San Antonio - Tesoro Dr

      8918 Tesoro Dr, San Antonio, TX 78217
      View Details
    • Contact for pricing

      Two Twin Oaks

      227 Loop 1604, Unit 150, San Antonio, TX 78232
      View Details
    • Contact for pricing

      Sonterra

      401 Sonterra Blvd, Unit 375, San Antonio, TX 78258
      View Details
    • Contact for pricing

      San Antonio Airport

      1777 Loop 410, Unit 600, San Antonio, TX 78217
      View Details
    • Contact for pricing

      Eilan

      17806 Ih 10, Unit 300, San Antonio, TX 78257
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex buildings with access to IH-10 and Loop 1604.
    Where is this flex space located?
    The property is located at 12400 12450 & 12460 Network Blvd San Antonio, TX.
    What are key features of this property?
    This property features: Excellent access to IH‑10 and Loop 1604.; Located in University Park on Network Blvd.; Close proximity to numerous retail amenities.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jeremy Peterson
    Real Estate License ID: TX 0714916
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12400, 12450 & 12460 Network Blvd, San Antonio, TX 78249
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!