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Mixed-Use Property with RV Spaces
New
For Sale
$2,500,000

15250 S Loop 1604, San Antonio, TX 78223

Residential rentals and utility-served RV sites provide multiple existing income components.

Property Size9,043 SF
Lot Size6.48 Acres
Price / SF$276.46
Days on Market4

Property Features for 15250 S Loop 1604

General Information

Standard status Active
Size 9,043 SF
Total Parking Spaces 12
Lot size 6.48 Acres
Property subtype Multi-Use

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 13

Building Details

Year Built 1985
Buildings 6
Listing Agency: PIONEER REALTY PARTNERS, LLC
Listed By: Denise Bourassa
Source: Pioneerrealtypartners
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 11 at 7:43AM

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 PIONEER REALTY PARTNERS, LLC

Investment Insights

Based on property information with market context.

This 6.477-acre mixed-use property includes approximately 9,043 square feet of improvements: nine apartments in two buildings, four houses, and 12 RV spaces with 30- and 50-amp service. Ownership reports capacity for additional RV spaces. The property was built in 1985 and is served by public water and six on-site septic systems.

Located in unincorporated Bexar County, the site has no city zoning. Combined frontage exceeds 1,500 feet along S Loop 1604, Laguna Road, and Elmendorf-LaVernia Road; the US 181 mainlanes are approximately 240 feet from the property line. The property is in FEMA Zone X, with no PID or MUD. Intended use, permitting, and utility capacity are subject to buyer verification with Bexar County. Tenants are in place; showings are by appointment.

Key Highlights

  • 6.477 acres with approximately 9,043 square feet of improvements
  • Nine apartments across two buildings, plus four houses
  • 12 RV spaces with 30- and 50‑amp service; ownership reports room for additional spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$107,431
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,148,620 $2.1M
Cap Rate 7%
$1,534,729 $1.5M
Cap Rate 9%
$1,193,678 $1.2M
Market Conditions
NOI Build-Up for 9,043 SF
Gross rent
$195.3K $21.60/SF
− Vacancy
−$23.4K −$2.59/SF
EGI
$171.9K $19.01/SF
− OpEx
−$64.5K −$7.13/SF
NOI
$107.4K $11.88/SF
Area
ZIP 78223
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,148,620
Cap Rate 7%
$1,534,729
Cap Rate 9%
$1,193,678

Alternative Uses

Best Use
Mixed Use
$1.53M
$1.34M – $1.79M (±1% cap)
NOI $107,431 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,573 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$2.17M
$1.90M – $2.54M (±1% cap)
NOI $152,226 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Plumbing Service Storage Facility Grocery & Convenience Store Kitchen & Bath Showroom

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

Lease Details

13
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 78223, TX

55,705
Population
22,278
Households
2.5
Avg Household Size
35
Median Age
12%
College-Educated
78%
High-School Grad
40.9 sq mi
ZIP Area
1,362
Density / Sq Mi
$50,352
Median Household Income
$33,762
Median Earnings
$1,054
Median Rent
$156,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential rentals and utility-served RV sites provide multiple existing income components.
Where is this mixed-use property located?
The property is located at 15250 S Loop 1604 San Antonio, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 6.477 acres with approximately 9,043 square feet of improvements; Nine apartments across two buildings, plus four houses; 12 RV spaces with 30- and 50‑amp service; ownership reports room for additional spaces
More about this property
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