Two-Building Mixed-Use
For Sale
Contact for pricing
1510 CAMARON ST, San Antonio, TX 78212
Two freestanding structures include an office/home and a separate flex-office building.
Property Size2,678 SF
Lot Size0.31 Acres
Price / SF$205.38
Days on Market56
Property Features for 1510 CAMARON ST
General Information
Standard status
Active
Size
2,678 SF
Lot size
0.31 Acres
Property subtype
Retail, Office, Mixed Use
Zoning
R4-CD
Net Operating Income
$34,300
Additional Details
Highway Access
Yes
Building Details
Year Built
1915
Buildings
2
Stories
1
Units
2
Listing Agency:
Texas Realty Group
Listed By:
Daniel Velasquez · License #792359
Source:
Crexi
Added: Jul 9
Changed: Aug 31
Last Checked: Aug 31 at 12:53AM
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 Texas Realty Group
Investment Insights
Based on property information with market context.
This mixed-use property comprises two separate freestanding structures on approximately 0.31 acres. The improvements include a historic office/home at 1510 Camaron St. and a distinct flex-office building at 1506 Camaron St. The property dates to 1915, and the 1506 building is currently occupied.
The site is positioned near Downtown San Antonio, IH-10, San Pedro Avenue, and the Pearl corridor. Its R4-CD zoning and two-building configuration provide separate spaces within one ownership structure, with the existing occupancy applying to 1506 Camaron St.
The site is positioned near Downtown San Antonio, IH-10, San Pedro Avenue, and the Pearl corridor. Its R4-CD zoning and two-building configuration provide separate spaces within one ownership structure, with the existing occupancy applying to 1506 Camaron St.
Key Highlights
- Two freestanding buildings on approximately 0.31 acres
- Historic office/home located at 1510 Camaron St.
- Separate flex‑office building at 1506 Camaron St.
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
$36,498
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
6.64%
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%
$729,960
$730.0K
Cap Rate 7%
$521,400
$521.4K
Cap Rate 9%
$405,533
$405.5K
Market Conditions
NOI Build-Up for 2,678 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
$59.1K $22.08/SF
− Vacancy
−$10.5K −$3.91/SF
EGI
$48.7K $18.17/SF
− OpEx
−$12.2K −$4.54/SF
NOI
$36.5K $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%
$729,960
Cap Rate 7%
$521,400
Cap Rate 9%
$405,533
Alternative Uses
Best Use
Office B
$521.4K
$456.2K – $608.3K
NOI $36,498 @ 7.0% cap · market cap 6.64%
Second Best
Mixed Use
$490.6K
$429.3K – $572.4K
NOI $34,345 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$683.1K
$597.7K – $797.0K
NOI $47,818 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,970
Businesses Nearby
Explore this area
Business Placement
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
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?
Mixed-use property - Two freestanding structures include an office/home and a separate flex-office building.
Where is this mixed-use property located?
The property is located at 1510 CAMARON ST San Antonio, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two freestanding buildings on approximately 0.31 acres; Historic office/home located at 1510 Camaron St.; Separate flex‑office building at 1506 Camaron St.
