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Top-Floor Office Condo Unit

2632 Broadway St, San Antonio, TX 78215

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Top-floor office condo in a gated, professionally managed property with quick access to major highways IH-35 and Hwy 281.

Property Size3,074 SF
Price / SF$350
Days on Market449

Property Features for 2632 Broadway St

General Information

Standard status Active
Size 3,074 SF
Property subtype OFFICE

Site & Location

Neighborhood Midtown
Highway Access Yes
Road Access Yes

Additional Details

Floor Top Floor
Asking Price $1,075,900

Amenities

gated courtyard

Building Details

Year Built 2006
Parking Ratio 2.98 per 1,000 SF
Listing Agency: Endura Advisory Group
Listed By: David Held · License TX #319600
Source: Moodyscre
Added: Aug 19, 2025 Changed: Oct 26 Last Checked: Nov 10 at 10:33AM

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 Endura Advisory Group

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Investment Insights

Based on property information with market context.

Condo Unit 401 is a top-floor office unit totaling 3,074 SF, built in 2006. The unit is positioned for views of Brackenridge Park and the golf course, and it is located within a gated courtyard at a professionally managed property.

The building is on Broadway just north of Pearl Brewery, offering convenient access to major highways IH-35 and Hwy 281. Parking is provided at a ratio of 2.98 per 1,000 SF.

For office users seeking a managed, gated setting with an upper-level vantage, Unit 401 provides an office condo configuration with the practical benefit of straightforward highway access.

Key Highlights

  • Condo Unit 401 is a top‑floor office unit with 3,074 SF
  • Views of Brackenridge Park and the golf course from the top floor
  • Year built: 2006

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,895
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,900 $837.9K
Cap Rate 7%
$598,500 $598.5K
Cap Rate 9%
$465,500 $465.5K
Market Conditions
NOI Build-Up for 3,074 SF
Gross rent
$67.9K $22.08/SF
− Vacancy
−$12.0K −$3.91/SF
EGI
$55.9K $18.17/SF
− OpEx
−$14.0K −$4.54/SF
NOI
$41.9K $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%
$837,900
Cap Rate 7%
$598,500
Cap Rate 9%
$465,500

Alternative Uses

Best Use
Office B
$598.5K
$523.7K – $698.3K (±1% cap)
NOI $41,895 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$784.1K
$686.1K – $914.8K (±1% cap)
NOI $54,889 @ 7.0% cap · market cap 5.10%
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

Monica Garza Arriaga, ... Law Firm Drought Drought & Bobbitt Law Firm Herrero Properties Property Management Company Associates of Audiology Hearing Aid Store South Texas Skin ... Medical Clinic

Suggested Use

Top Pick Computer & Electronic Repair Electrical Service Building Supply Locksmith Home Appliance Store Plumbing Service

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,254
Businesses Nearby

Demographics for 78215, TX

3,644
Population
3,029
Households
1.2
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.1 sq mi
ZIP Area
3,313
Density / Sq Mi
$82,128
Median Household Income
$75,532
Median Earnings
$1,754
Median Rent
$486,100
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 Units in San Antonio, TX

$183 Jul
$190 Aug
$157 Sep
$79.48 Oct

Properties on Market for Office Units in San Antonio

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in San Antonio, TX

13.5% 2019
13.4% 2021
15.7% 2022
17.3% 2023
16.5% 2024
16% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Top-floor office condo in a gated, professionally managed property with quick access to major highways IH-35 and Hwy 281.
Where is this office unit located?
The property is located at 2632 Broadway St San Antonio, TX.
What is the asking price?
The asking price for this property is $1,075,900.
What are key features of this property?
This property features: Condo Unit 401 is a top‑floor office unit with 3,074 SF; Views of Brackenridge Park and the golf course from the top floor; Year built: 2006
(210) 918-6401 Call to check price and availability
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