Renovating Office
Pleasanton, TX 78064, Pleasanton, TX 78064
For Sale
Contact for pricing
Open-plan commercial space with rear offices, a break room, IT closet, and nine-foot ceilings.
Property Size4,050 SF
Price / SF$1.25
Days on Market74
Property Features
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Buildings
Building Size
Listing Agency:
Brohill Realty Ltd
(830) 569-4455
Listed By:
Clifton Shearrer · License TX #0519100
(210) 325-7448
Source:
Pioneerrealtypartners
Added: Sep 1
Changed: Nov 12
Last Checked: Nov 12 at 7:59AM
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 Brohill Realty Ltd
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Investment Insights
Based on property information with market context.
This 4,050-square-foot office building offers a predominantly open interior organized with five rear offices, a break room, and an IT closet. Nine-foot ceilings run throughout the building, providing a straightforward interior layout for office occupancy. Built in 1970, the property is currently undergoing renovations, with additional work to be considered within reason for a new tenant at the asking lease rate.
The building is located on Jr Blvd in Pleasanton, near Atascosa Bank and across the street from Tractor Supply and the Starbucks parking lot. Its combination of open workspace and enclosed offices supports a range of office layouts while renovation work is in progress.
The building is located on Jr Blvd in Pleasanton, near Atascosa Bank and across the street from Tractor Supply and the Starbucks parking lot. Its combination of open workspace and enclosed offices supports a range of office layouts while renovation work is in progress.
Key Highlights
- 4,050‑square‑foot office building
- Five rear offices with primarily open interior space
- Break room and dedicated IT closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,486
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,389,720
$1.4M
Cap Rate 7%
$992,657
$992.7K
Cap Rate 9%
$772,067
$772.1K
Market Conditions
NOI Build-Up for 4,050 SF
Gross rent
$103.5K $25.56/SF
− Vacancy
−$10.9K −$2.68/SF
EGI
$92.6K $22.88/SF
− OpEx
−$23.2K −$5.72/SF
NOI
$69.5K $17.16/SF
Area
Atascosa County, TX
Vacancy
10.50%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,389,720
Cap Rate 7%
$992,657
Cap Rate 9%
$772,067
Alternative Uses
Best Use
Office B
$992.7K
$868.6K – $1.16M
NOI $69,486 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$941.9K – $1.26M
NOI $75,353 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
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Business Placement
Demographics for 78064, TX
15,710
Population
6,179
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
281.4 sq mi
ZIP Area
56
Density / Sq Mi
$69,407
Median Household Income
$36,185
Median Earnings
$1,109
Median Rent
$216,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Open-plan commercial space with rear offices, a break room, IT closet, and nine-foot ceilings.
Where is this office building located?
The property is located at Pleasanton, TX.
What are key features of this property?
This property features: 4,050‑square‑foot office building; Five rear offices with primarily open interior space; Break room and dedicated IT closet
