Two-Story Office
For Sale
$489,750
1815 San Pedro Ave, San Antonio, TX 78212
C-2 zoning, an NCD-2 overlay, and San Pedro Ave frontage define this established office property.
Property Size1,749 SF
Price / SF$280.02
Days on Market94
Property Features for 1815 San Pedro Ave
General Information
Standard status
Active
Size
1,749 SF
Class
C
Property subtype
office
Zoning
C-2
Building Details
Year Built
1920
Buildings
1
Stories
2
Building Size
1,749 SF
Listing Agency:
San Antonio
Listed By:
Sarah Beth Cole
(210) 293-6869
Source:
Property.jll
Added: Jul 16
Changed: Oct 14
Last Checked: Oct 16 at 6:06AM
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 San Antonio
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Investment Insights
Based on property information with market context.
This 1,749 SF office building offers a two-level layout suited to professional use. Constructed in 1920, the property includes a reception area, four offices, two restrooms, a small breakroom, a workroom, and an upstairs common area. The configuration includes three offices on the upper level and additional work areas below, providing a practical separation of reception, private offices, and support functions.
The property fronts San Pedro Ave in San Antonio, near the Monte Vista and Five Points neighborhoods. Restaurants and coffee shops are located nearby. Zoning is C-2 with an NCD-2 overlay, adding defined land-use information for evaluating the office asset.
The property fronts San Pedro Ave in San Antonio, near the Monte Vista and Five Points neighborhoods. Restaurants and coffee shops are located nearby. Zoning is C-2 with an NCD-2 overlay, adding defined land-use information for evaluating the office asset.
Key Highlights
- 1,749 SF office building constructed in 1920
- Two‑level layout with 4 offices, reception area, workroom, breakroom, and 2 restrooms
- Upper floor includes 3 offices, a common area, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,837
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$476,740
$476.7K
Cap Rate 7%
$340,529
$340.5K
Cap Rate 9%
$264,856
$264.9K
Market Conditions
NOI Build-Up for 1,749 SF
Gross rent
$38.6K $22.08/SF
− Vacancy
−$6.8K −$3.91/SF
EGI
$31.8K $18.17/SF
− OpEx
−$7.9K −$4.54/SF
NOI
$23.8K $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%
$476,740
Cap Rate 7%
$340,529
Cap Rate 9%
$264,856
Alternative Uses
Best Use
Office B
$340.5K
$298.0K – $397.3K
NOI $23,837 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$446.1K
$390.4K – $520.5K
NOI $31,230 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,282
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - C-2 zoning, an NCD-2 overlay, and San Pedro Ave frontage define this established office property.
Where is this office building located?
The property is located at 1815 San Pedro Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $489,750.
What are key features of this property?
This property features: 1,749 SF office building constructed in 1920; Two‑level layout with 4 offices, reception area, workroom, breakroom, and 2 restrooms; Upper floor includes 3 offices, a common area, and bathroom
