Divisible Office Building For
For Sale
$1,368,150
14603 Huebner Road, San Antonio, TX 78230
Office building in Huebner Garden Office Park, San Antonio.
Property Size3,909 SF
Price / SF$350
Days on Market164
Property Features for 14603 Huebner Road
General Information
Standard status
Active
Size
3,909 SF
Property subtype
Office
Listing Agency:
CBRE | San Antonio
Listed By:
Christi Griggs
(210) 253-6024
Source:
Cbre
Added: Mar 25
Changed: Aug 23
Last Checked: Sep 4 at 2:10AM
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 CBRE | San Antonio
Investment Insights
Based on property information with market context.
Located within the Huebner Garden Office Park at 14603 Huebner Road, Building 28, this property offers an opportunity for both owner-users and investors. The building, with a property size of 3909 square feet, is divisible into two separate suites, providing flexibility for various occupancy or investment strategies. Positioned on the north side of Huebner Road, just west of the NW Military Highway intersection, the property sits in the North Central submarket of the San Antonio MSA. This location is adjacent to the city limits of Shavano Park, surrounded by the City of San Antonio. The lease expiration is 12/31/26.
Key Highlights
- Desirable location in the North Central submarket of San Antonio MSA.
- Easily divisible into two separate suites for flexible occupancy or investment.
- Excellent opportunity for both owner‑users and investors.
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
$53,275
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
3.89%
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%
$1,065,500
$1.1M
Cap Rate 7%
$761,071
$761.1K
Cap Rate 9%
$591,944
$591.9K
Market Conditions
NOI Build-Up for 3,909 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
$86.3K $22.08/SF
− Vacancy
−$15.3K −$3.91/SF
EGI
$71.0K $18.17/SF
− OpEx
−$17.8K −$4.54/SF
NOI
$53.3K $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%
$1,065,500
Cap Rate 7%
$761,071
Cap Rate 9%
$591,944
Alternative Uses
Best Use
Office B
$761.1K
$665.9K – $887.9K
NOI $53,275 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$997.1K
$872.5K – $1.16M
NOI $69,798 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Explore this area
Business Placement
Demographics for 78230, TX
42,145
Population
21,191
Households
2
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
4,014
Density / Sq Mi
$71,564
Median Household Income
$40,281
Median Earnings
$1,289
Median Rent
$355,400
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office building in Huebner Garden Office Park, San Antonio.
Where is this office building located?
The property is located at 14603 Huebner Road San Antonio, TX.
What is the asking price?
The asking price for this property is $1,368,150.
What are key features of this property?
This property features: Desirable location in the North Central submarket of San Antonio MSA.; Easily divisible into two separate suites for flexible occupancy or investment.; Excellent opportunity for both owner‑users and investors.
