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Two-Story Office Building
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127 LEWIS ST, San Antonio, TX 78212

Commercial Improved Prop, San Antonio, TX

Property Size3,678 SF
Price / SF$0.01
Days on Market10

Property Features for 127 LEWIS ST

General Information

Property type Other
Property subtype Office
Zoning C-1 S
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 0900
Standard status Active
APN 003690060020
Size 3,678 SF

Additional Details

Property Use Office
Condition Newly Renovated

Taxes and HOA fees

Tax Annual Amount 19453

Utilities

Heating system Central

Building Details

Year built 1909
Floors in Building 2
Number of units 1
Roof type Metal
Listing Agency: RE/MAX North-San Antonio · RE/MAX International
Listed By: Christy Rupp
Added: Oct 20 Changed: Oct 24 Last Checked: Oct 29 at 7:06AM
MLS# 2022614

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,678-square-foot office property at 127 Lewis St. in San Antonio was built in 1909 and has undergone a complete renovation, including electrical and plumbing upgrades. The two-story layout places reception, staff workspace, two private rooms, a kitchen and a full bathroom on the first floor. Seven additional rooms and another full bathroom occupy the second level. The rooms can serve as offices or meeting spaces, and the property also includes gated parking and a detached garage for storage.

The property is in the historic Tobin Hill area, minutes from downtown and The Pearl. Medical facilities, hospitals, professional offices and other businesses are nearby. The zoning designation is C-1 S.

Key Highlights

  • 3,678 square feet across two floors
  • Built in 1909; renovated with electrical and plumbing upgrades
  • First floor includes reception, staff workspace, two private rooms, kitchen and full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,424
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,480 $848.5K
Cap Rate 7%
$606,057 $606.1K
Cap Rate 9%
$471,378 $471.4K
Market Conditions
NOI Build-Up for 3,678 SF
Gross rent
$79.4K $21.60/SF
− Vacancy
−$8.7K −$2.38/SF
EGI
$70.7K $19.22/SF
− OpEx
−$28.3K −$7.69/SF
NOI
$42.4K $11.53/SF
Area
San Antonio, TX
Vacancy
11.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,480
Cap Rate 7%
$606,057
Cap Rate 9%
$471,378

Alternative Uses

Best Use
Office B
$716.1K
$626.6K – $835.5K (±1% cap)
NOI $50,127 @ 7.0% cap · market cap 208,862.50%
Second Best
Healthcare Medical
$606.1K
$530.3K – $707.1K (±1% cap)
NOI $42,424 @ 7.0% cap · market cap 176,766.67%
Theoretical Best
Office A
$938.2K
$820.9K – $1.09M (±1% cap)
NOI $65,674 @ 7.0% cap · market cap 273,641.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Alamo City Comm ... Law Firm

Suggested Use

Top Pick Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Veterinary Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,909
Businesses Nearby

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 Office in San Antonio, TX

13.5% 2019
13.4% 2021
15.7% 2022
17.3% 2023
16.5% 2024
16% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two levels combine reception and staff areas with private rooms, a kitchen, bathrooms, gated parking and a separate garage.
Where is this office building located?
The property is located at 127 LEWIS ST San Antonio, TX.
What are key features of this property?
This property features: 3,678 square feet across two floors; Built in 1909; renovated with electrical and plumbing upgrades; First floor includes reception, staff workspace, two private rooms, kitchen and full bathroom
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