Multifamily Property with IDZ
For Sale
Contact for pricing
2323 Buena Vista Street, San Antonio, TX 78207
Existing improvements and flexible zoning support residential and mixed-use configurations in an urban San Antonio setting.
Property Size6,460 SF
Price / SF$145.51
Days on Market10
Property Features for 2323 Buena Vista Street
General Information
Standard status
Active
Size
6,460 SF
Class
B
Property subtype
Multifamily
Zoning
MF-25 IDZ
Additional Details
Average Monthly Rent
$1,500
Building Details
Year Built
1927
Buildings
1
Units
2
Listing Agency:
KW Commercial San Antonio City-view
Listed By:
Tim Warlow · License #547594
Source:
Crexi
Added: Jul 27
Changed: Aug 5
Last Checked: Aug 5 at 6:17AM
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 KW Commercial San Antonio City-view
Investment Insights
Based on property information with market context.
This multifamily property includes existing improvements within a 6,460-square-foot asset built in 1927. The property has current short-term rental units generating income from 30-day stays, while the zoning permits a range of residential and mixed-use configurations. Existing interiors feature expansive spaces, high ceilings, and substantial natural light, creating flexibility for residential, live-work, studio, or adaptive-reuse concepts.
Located at 2323 Buena Vista Street in San Antonio, the property sits west of Downtown San Antonio. A planned Advanced Rapid Transit station nearby is expected to connect the area with Downtown, major employment centers, and the broader transit network. MF-25 IDZ zoning supports the property’s multifamily and mixed-use positioning.
Located at 2323 Buena Vista Street in San Antonio, the property sits west of Downtown San Antonio. A planned Advanced Rapid Transit station nearby is expected to connect the area with Downtown, major employment centers, and the broader transit network. MF-25 IDZ zoning supports the property’s multifamily and mixed-use positioning.
Key Highlights
- MF‑25 IDZ zoning supports residential and mixed‑use configurations
- 6,460‑square‑foot property built in 1927
- Existing short‑term rental units provide current income from 30‑day stays
Financial Insights For Mixed Use
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 | $147.3k | $22.80 |
| − Vacancy | −$14.7k | −$2.28 |
| EGI | $132.6k | $20.52 |
| − OpEx | −$49.7k | −$7.70 |
| NOI | $82.8k | $12.83 |
6,460 SF · lease $22.80/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,043 @ 7.0% cap · market cap 9.37%
Second Best
Mixed Use
$1.18M
$1.04M – $1.38M
NOI $82,850 @ 7.0% cap · market cap 8.81%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,349 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
818
Businesses Nearby
Explore this area
Business Placement
Demographics for 78207, TX
51,705
Population
18,750
Households
2.8
Avg Household Size
34
Median Age
6%
College-Educated
62%
High-School Grad
7.3 sq mi
ZIP Area
7,083
Density / Sq Mi
$30,655
Median Household Income
$23,696
Median Earnings
$857
Median Rent
$93,200
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Existing improvements and flexible zoning support residential and mixed-use configurations in an urban San Antonio setting.
Where is this multifamily property located?
The property is located at 2323 Buena Vista Street San Antonio, TX.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: MF‑25 IDZ zoning supports residential and mixed‑use configurations; 6,460‑square‑foot property built in 1927; Existing short‑term rental units provide current income from 30‑day stays
