Retail Property on PanAm
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
(830) 307-8679
Listed By:
Adam Carroll
(830) 307-8679
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
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
NOI $82,851 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
776
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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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.