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Retail Property on PanAm Expressway
For Sale
$875,000

1950 N PanAm Expressway, San Antonio, TX 78208

Retail property for sale with high visibility.

Property Size4,640 SF
Price / SF$188.58
Days on Market121

Property Features for 1950 N PanAm Expressway

General Information

Standard status Active
Size 4,640 SF

Building Details

Year Built 1960
Listing Agency: Fore Premier Properties
Listed By: Adam Carroll
Source: Evrealestate
Added: Apr 3 Changed: Jul 10 Last Checked: Jul 31 at 6:07AM

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 Fore Premier Properties

Investment Insights

Based on property information with market context.

This 4640-square-foot retail property is located on N PanAm Expressway in San Antonio, Bexar County, Texas. The property is situated near the intersection of I-35 N and Rogers Avenue. The surrounding area includes businesses and infrastructure to support commercial activities. The property is located near Duval Street and Pierce Avenue.

Key Highlights

  • Central air conditioning and central heating for year‑round comfort.
  • Located in Bexar County.
  • Built in 1960.

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 $92.4k $19.92
− Vacancy −$3.7k −$0.80
EGI $88.7k $19.12
− OpEx −$26.6k −$5.74
NOI $62.1k $13.39
4,640 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$887.3K
$776.4K – $1.04M (±1% cap)
NOI $62,112 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M (±1% cap)
NOI $82,851 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Iglesia Pentecostal Torres ... Church NuMa Home Furniture & Home Goods

Suggested Use

Top Pick Dental Office Electrical Service Daycare Center Hair Salon Veterinary Clinic (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78208, TX

3,874
Population
2,292
Households
1.7
Avg Household Size
35
Median Age
13%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
3,874
Density / Sq Mi
$23,194
Median Household Income
$26,136
Median Earnings
$894
Median Rent
$125,000
Median Home Value

Market

Vacancy Rate% for Retail in San Antonio, TX

6.9% 2019
7.6% 2020
6.7% 2021
5.3% 2022
5.3% 2023
5.9% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Petros Same Day Flower Delivery Inc. — 127 lamar st, san antonio, tx 78202

Frequently Asked Questions

What type of property is this?
Storefront property - Retail property for sale with high visibility.
Where is this storefront property located?
The property is located at 1950 N PanAm Expressway San Antonio, TX.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Central air conditioning and central heating for year‑round comfort.; Located in Bexar County.; Built in 1960.
More about this property
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