Well-Maintained Office Building For
For Sale
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16414 San Pedro Ave San, San Antonio, TX 78232
Ten-story office building with planned renovations in prime San Antonio location.
Property Size141,569 SF
Days on Market228
Property Features for 16414 San Pedro Ave San
General Information
Standard status
Active
Size
141,569 SF
Class
B
Property subtype
Office
Lease Term
MG; Full Service
Building Details
Building Size
141,569 SF
Year Built
1985
Properties For Sale
at 16414 San Pedro Ave San Contact usSuite 150
Size
7,641 SF
Term
Negotiable
Suite 10000
Size
7,112 SF
Term
Negotiable
Suite 335
Size
873 SF
Term
Negotiable
Suite 450
Size
1,965 SF
Term
Negotiable
Suite 950
Size
4,092 SF
Term
Negotiable
Show more
Listing Agency:
Caisson Real Estate
Listed By:
Adam Lippstone · License #TX #751039
(210) 552-4071
Source:
Caissonre
Added: Mar 5
Changed: Oct 6
Last Checked: Oct 19 at 3:50AM
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 Caisson Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 14614 San Pedro is a ten-story office building located in San Antonio's major workforce hub. This property features a parking garage, on-site banking, three elevators, and high-end finishes. The building is under new ownership, with renovations planned for the cafe, conference area, and tenant lounge. The location is central to San Antonio's major workforce hub at the intersection of HWY 281 and Thousand Oaks Drive, a few exits from the Loop 1604 interchange. It provides access to dining and shopping destinations such as Northwoods and Shops at Sonterra, and the Stone Oak community. The San Antonio Airport is 10 minutes away, and Wurzbach Parkway and I-35 & IH-10 are a 5-minute drive away.
Key Highlights
- Prime location in San Antonio's major workforce hub at HWY 281 & Thousand Oaks Drive.
- Massive parking garage.
- Planned renovations to cafe, conference area, and tenant lounge.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,929,427
Suggested Prices Based on Cap Rates
Cap Rate 5%
$38,588,540
$38.6M
Cap Rate 7%
$27,563,243
$27.6M
Cap Rate 9%
$21,438,078
$21.4M
Market Conditions
NOI Build-Up for 141,569 SF
Gross rent
$3.13M $22.08/SF
− Vacancy
−$553.3K −$3.91/SF
EGI
$2.57M $18.17/SF
− OpEx
−$643.1K −$4.54/SF
NOI
$1.93M $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 Rate 5%
$38,588,540
Cap Rate 7%
$27,563,243
Cap Rate 9%
$21,438,078
Alternative Uses
Best Use
Office B
$27.56M
$24.12M – $32.16M
NOI $1,929,427 @ 7.0% cap · market cap 6,890,810.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$36.11M
$31.60M – $42.13M
NOI $2,527,829 @ 7.0% cap · market cap 9,027,960.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
Explore this area
Business Placement
Demographics for 78232, TX
35,397
Population
16,369
Households
2.2
Avg Household Size
42
Median Age
50%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
2,975
Density / Sq Mi
$84,633
Median Household Income
$48,586
Median Earnings
$1,404
Median Rent
$345,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - Ten-story office building with planned renovations in prime San Antonio location.
Where is this office building located?
The property is located at 16414 San Pedro Ave San San Antonio, TX.
What are key features of this property?
This property features: Prime location in San Antonio's major workforce hub at HWY 281 & Thousand Oaks Drive.; Massive parking garage.; Planned renovations to cafe, conference area, and tenant lounge.
