Office Building with Corner
273 Redrock, San Antonio, TX 78213
For Sale
Contact for pricing
Multiple private offices and a reception area support a range of professional uses.
Property Size831 SF
Price / SF$2.17
Days on Market27
Property Features for 273 Redrock
General Information
Standard status
Size
Site & Location
Neighborhood
Corner Location
Amenities
updated interior paint
tile
laminate flooring
central air & heat
Building Details
Year Built
Listing Agency:
Keller Williams City-View
Listed By:
Theresa Gomez
(210) 459-6315
Source:
Theswinneygroup
Added: Oct 12
Changed: Nov 7
Last Checked: Nov 6 at 3:13PM
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 Keller Williams City-View
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property offers a reception room measuring 23x15, three offices, and a kitchen-sized breakroom. The offices measure 12x12, 10x10, and 15x12. Interior updates include fresh paint, tile and laminate flooring, and central air and heat. Built in 1952, the building is located on a corner lot with parking.
Key Highlights
- Corner‑lot office property with on‑site parking
- Reception room measures 23x15
- Three offices measuring 12x12, 10x10, and 15x12
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,326
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,520
$226.5K
Cap Rate 7%
$161,800
$161.8K
Cap Rate 9%
$125,844
$125.8K
Market Conditions
NOI Build-Up for 831 SF
Gross rent
$18.3K $22.08/SF
− Vacancy
−$3.2K −$3.91/SF
EGI
$15.1K $18.17/SF
− OpEx
−$3.8K −$4.54/SF
NOI
$11.3K $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%
$226,520
Cap Rate 7%
$161,800
Cap Rate 9%
$125,844
Alternative Uses
Best Use
Office B
$161.8K
$141.6K – $188.8K
NOI $11,326 @ 7.0% cap · market cap 629.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$212.0K
$185.5K – $247.3K
NOI $14,838 @ 7.0% cap · market cap 824.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
Explore this area
Business Placement
Demographics for 78213, TX
40,589
Population
18,184
Households
2.2
Avg Household Size
36
Median Age
23%
College-Educated
81%
High-School Grad
8.0 sq mi
ZIP Area
5,074
Density / Sq Mi
$53,342
Median Household Income
$34,799
Median Earnings
$1,161
Median Rent
$199,500
Median Home Value
Market
Average Price Trend$/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 - Multiple private offices and a reception area support a range of professional uses.
Where is this office building located?
The property is located at 273 Redrock San Antonio, TX.
What are key features of this property?
This property features: Corner‑lot office property with on‑site parking; Reception room measures 23x15; Three offices measuring 12x12, 10x10, and 15x12
