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    Two-Story Flex Industrial Building Title is generated by Realmo AI

    2110 MANNIX DR SAN ANTONIO TX 78217, San Antonio, TX 78217

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    Vacant two-story flex building with office and warehouse space, 18' clear height, and drive-in access.

    Type:Industrial
    Property size:
    15,451 SF
    Lot size:
    0.56 Acres
    Added:
    May 28, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 6 at 2:52 am

    Property Features for 2110 MANNIX DR SAN ANTONIO TX 78217

    General Information

    Standard status
    Active
    Size
    15,451 SF
    Lot size
    0.56 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1975

    Spaces For Lease

    at 2110 MANNIX DR SAN ANTONIO TX 78217 Contact us

    We can help!

    Listing Contact
    Michael Vasquez, CCIM
    Michael Vasquez, CCIM

    Listing agent Michael Vasquez, CCIM License #719713

    Listing office Virtus Realty Group

    Listing date May 28, 2026

    Source Crexi

    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 Virtus Realty Group

    HighLights

    • 15,451 SF two‑story flex/light industrial building on approx. 0.56 acres, delivered vacant
    • Space mix includes 5,542 SF industrial and 9,909 SF office for office/warehouse flexibility
    • 18' clear height with 4 grade‑level/drive‑in doors for loading and operational use
    • 3‑phase power, fenced yard, and approx. 24 parking spaces on‑site
    • I‑1 General Industrial zoning supporting showroom, office, warehouse, light manufacturing, service, and operational uses
    • Located near Loop 410 and major transportation corridors for convenient access

    Overview

    This vacant two-story flex/light industrial property is configured to support both office and warehouse operations. The building includes approximately 5,542 SF of industrial space and approximately 9,909 SF of office space, giving tenants a functional mix for business operations. Key improvements include 18’ clear height, four grade-level/drive-in doors, 3-phase power, and a fenced yard, with approximately 24 parking spaces available on site.

    Located in North Central San Antonio, the property is positioned near Loop 410 and major transportation corridors. The site is described as having strong street presence and provides vehicle access and parking to support employees, clients, and distribution needs.

    Zoned I-1 General Industrial, the layout is presented as suitable for a range of operational uses, including showroom, office, warehouse, light manufacturing, and service-related activities. With the building delivered vacant and designed for both working and customer-facing environments, it may fit owner-users seeking immediate occupancy or businesses looking for an adaptable space that can accommodate multiple functional components under one roof.
    Location Intelligence

    Current Use by Public Records

    Allied Fire Protection General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • O'Neill's InFlight Catering — 2006 Ceegee St #1, San Antonio, TX 78217
    • Signature Catering — 2006 Ceegee St, San Antonio, TX 78217

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.4594992
    Latitude
    29.5247926

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    FAQs

    What type of property is this?
    Flex space - Vacant two-story flex building with office and warehouse space, 18' clear height, and drive-in access.
    Where is this flex space located?
    The property is located at 2110 MANNIX DR SAN ANTONIO TX 78217 San Antonio, TX.
    What are key features of this property?
    This property features: 15,451 SF two‑story flex/light industrial building on approx. 0.56 acres, delivered vacant; Space mix includes 5,542 SF industrial and 9,909 SF office for office/warehouse flexibility; 18' clear height with 4 grade‑level/drive‑in doors for loading and operational use
    (512) 960-3253 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael Vasquez, CCIM
    Michael Vasquez, CCIM
    Real Estate License ID: 719713
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2110 MANNIX DR SAN ANTONIO TX 78217, SAN ANTONIO, TX 78217
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