New Garden Office
New
For Sale
$6,446,000
12606 Hausman Rd S, San Antonio, TX 78249
Newly built office units with flexible layouts and surface parking at each suite.
Property Size20,463 SF
Price / SF$315.01
Days on Market3
Property Features for 12606 Hausman Rd S
General Information
Standard status
Active
Size
20,463 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2027
Buildings
4
Construction
Hill Country style
Abandoned
No
Listing Agency:
Compass RE Texas, LLC
Listed By:
Homecity Real Estate
(210) 496-4949
Source:
Homecity
Added: Sep 16
Changed: Sep 17
Last Checked: Sep 18 at 7:46AM
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 Compass RE Texas, LLC
Investment Insights
Based on property information with market context.
This 2027 office development comprises four Hill Country-style buildings with approximately 20,463 SF in total. Individual spaces range from approximately 2,000 to 7,456 SF, providing flexible configurations for medical practices, professional firms, and owner-users. Surface parking is provided at every suite.
The property is located at 12606 Hausman Rd S near Loop 1604 and Champions Gate in San Antonio. Its Northwest San Antonio setting places it near UTSA, The Shops at La Cantera, and UT Health San Antonio, within a corridor identified for medical and professional office activity. Targeted delivery is Q1 2027.
The property is located at 12606 Hausman Rd S near Loop 1604 and Champions Gate in San Antonio. Its Northwest San Antonio setting places it near UTSA, The Shops at La Cantera, and UT Health San Antonio, within a corridor identified for medical and professional office activity. Targeted delivery is Q1 2027.
Key Highlights
- Approximately 20,463 SF across four office buildings
- Individual spaces range from approximately 2,000 to 7,456 SF
- Surface parking at every suite
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$278,888
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,577,760
$5.6M
Cap Rate 7%
$3,984,114
$4.0M
Cap Rate 9%
$3,098,756
$3.1M
Market Conditions
NOI Build-Up for 20,463 SF
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.
Gross rent
$451.8K $22.08/SF
− Vacancy
−$80.0K −$3.91/SF
EGI
$371.9K $18.17/SF
− OpEx
−$93.0K −$4.54/SF
NOI
$278.9K $13.63/SF
Area
San Antonio, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,577,760
Cap Rate 7%
$3,984,114
Cap Rate 9%
$3,098,756
Alternative Uses
Best Use
Office B
$3.98M
$3.49M – $4.65M
NOI $278,888 @ 7.0% cap · market cap 4.33%
Second Best
Healthcare Medical
$3.37M
$2.95M – $3.93M
NOI $236,028 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$5.22M
$4.57M – $6.09M
NOI $365,383 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 78249, TX
56,996
Population
24,058
Households
2.4
Avg Household Size
30
Median Age
52%
College-Educated
96%
High-School Grad
14.5 sq mi
ZIP Area
3,931
Density / Sq Mi
$80,851
Median Household Income
$39,017
Median Earnings
$1,475
Median Rent
$284,200
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Newly built office units with flexible layouts and surface parking at each suite.
Where is this office units located?
The property is located at 12606 Hausman Rd S San Antonio, TX.
What is the asking price?
The asking price for this property is $6,446,000.
What are key features of this property?
This property features: Approximately 20,463 SF across four office buildings; Individual spaces range from approximately 2,000 to 7,456 SF; Surface parking at every suite
