Office Building Across From Planning
1964 S Alamo Street, San Antonio, TX 78204
For Sale
$2,499,000
C2-zoned office property positioned across from San Antonio’s Planning and Zoning Building.
Property Size11,200 SF
Price / SF$223.13
Days on Market1634
Property Features for 1964 S Alamo Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Building Details
Year Built
Listing Agency:
Nexthome Leading Edge Realty
Listed By:
Emilio Arroyo · License TX #525708
(210) 825-5807
Source:
Phyllisbrowning
Added: May 22, 2022
Changed: Nov 10
Last Checked: Nov 10 at 8:12AM
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 Nexthome Leading Edge Realty
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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.
Built in 1963, this office building is zoned C2 and situated across from the San Antonio Planning and Zoning Building. The property offers access to major highways extending in all four directions, supporting connectivity throughout the area.
Key Highlights
- C2 zoning supports the property’s office‑building classification
- Built in 1963
- Across from the San Antonio Planning and Zoning Building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,643
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,052,860
$3.1M
Cap Rate 7%
$2,180,614
$2.2M
Cap Rate 9%
$1,696,033
$1.7M
Market Conditions
NOI Build-Up for 11,200 SF
Gross rent
$247.3K $22.08/SF
− Vacancy
−$43.8K −$3.91/SF
EGI
$203.5K $18.17/SF
− OpEx
−$50.9K −$4.54/SF
NOI
$152.6K $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%
$3,052,860
Cap Rate 7%
$2,180,614
Cap Rate 9%
$1,696,033
Alternative Uses
Best Use
Office B
$2.18M
$1.91M – $2.54M
NOI $152,643 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.50M – $3.33M
NOI $199,985 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,334
Businesses Nearby
Explore this area
Business Placement
Demographics for 78204, TX
11,298
Population
6,210
Households
1.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
4,184
Density / Sq Mi
$54,667
Median Household Income
$35,107
Median Earnings
$1,516
Median Rent
$142,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in San Antonio, TX
Properties on Market for Office buildings in San Antonio
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - C2-zoned office property positioned across from San Antonio’s Planning and Zoning Building.
Where is this office building located?
The property is located at 1964 S Alamo Street San Antonio, TX.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: C2 zoning supports the property’s office‑building classification; Built in 1963; Across from the San Antonio Planning and Zoning Building
