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    San Antonio Retail Investment Opportunity Title is generated by Realmo AI

    15131 Nacogdoches Rd, San Antonio, TX

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    24,534 SF retail property in prime San Antonio location.

    Type:RETAIL
    Property size:
    24,534 SF
    Lot size:
    8.22 Acres
    Price / SF:
    $162/SF
    Added:
    Apr 4, 2025
    Days on Market:
    441
    Last Refresh:
    May 19 at 10:54 pm

    Property Features for 15131 Nacogdoches Rd

    General Information

    Standard status
    Active
    Size
    24,534 SF
    Lot size
    8.22 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Luke Owens-Bragg
    Luke Owens-Bragg

    Listing agent Luke Owens-Bragg License #TX 670935

    Listing office Lockwood Realty Group, LLC

    Listing date Apr 4, 2025

    Source Moodyscre

    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 Lockwood Realty Group, LLC

    HighLights

    • Prime location in San Antonio
    • Value add retail investment opportunity – 24,534 sf
    • Zoned C‑3 – ideal for retail & street retail
    • Strategically positioned for high visibility & foot traffic
    • Ample space & modern infrastructure
    • Built in 1997, renovated in 2000

    Overview

    This 24,534 square foot retail property, constructed in 1997 and renovated in 2000, presents a value-add investment opportunity. Zoned C-3, the property is suitable for retail and street retail businesses. It features ample space and modern infrastructure. The property is strategically positioned to benefit from high visibility and foot traffic in San Antonio.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $488.7k $19.92
    − Vacancy −$19.5k −$0.80
    EGI $469.2k $19.12
    − OpEx −$140.8k −$5.74
    NOI $328.4k $13.39
    24,534 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.69M
    $4.11M – $5.47M (±1% cap)
    NOI $328,418 @ 7.0% cap · market cap 8.22%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $6.26M
    $5.48M – $7.30M (±1% cap)
    NOI $438,074 @ 7.0% cap · market cap 10.97%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Bracken Village — 18771 FM 2252, San Antonio, TX 78266

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.3701
    Latitude
    29.58

    FAQs

    What type of property is this?
    Shopping center - 24,534 SF retail property in prime San Antonio location.
    Where is this shopping center located?
    The property is located at 15131 Nacogdoches Rd San Antonio, TX.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: Prime location in San Antonio; Value add retail investment opportunity – 24,534 sf; Zoned C‑3 – ideal for retail & street retail
    (210) 451-0143 Call to check price and availability
    More about this property
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