Gas Station Property For
For Sale
$325,000
2902 Commercial Ave, San Antonio, TX 78221
Gas station property available for sale at 2902 Commercial Ave in San Antonio.
Property Size2,400 SF
Days on Market50
Property Features for 2902 Commercial Ave
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail - Freestanding
Building Details
Building Size
2,400 SF
Year Built
1972
Year Renovated
2006
Units
1
Listing Agency:
Trinity Real Estate Investment Services
Listed By:
Austin Walsh · License ##817943
(817) 658-3100
Source:
Commercialcafe
Added: Jul 26
Changed: Sep 2
Last Checked: Sep 13 at 4:11AM
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 Trinity Real Estate Investment Services
Investment Insights
Based on property information with market context.
This offering is a gas station property available for sale. The listing information does not include additional details regarding building size, site improvements, current tenant status, or fuel-related infrastructure.
The property is located at 2902 Commercial Ave in San Antonio, Texas (78221). Because no further specifics are provided, prospective buyers should conduct their own due diligence regarding existing conditions and any operational or permitting considerations.
All provided listing fields are limited, and Public Remarks are listed as tbd/tbd. For a complete review, request the full package and any available property documents, including lease or operational information if applicable.
The property is located at 2902 Commercial Ave in San Antonio, Texas (78221). Because no further specifics are provided, prospective buyers should conduct their own due diligence regarding existing conditions and any operational or permitting considerations.
All provided listing fields are limited, and Public Remarks are listed as tbd/tbd. For a complete review, request the full package and any available property documents, including lease or operational information if applicable.
Key Highlights
- Gas station property for sale at 2902 Commercial Ave, San Antonio
- Year built: 1972
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,729
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$274,580
$274.6K
Cap Rate 7%
$196,129
$196.1K
Cap Rate 9%
$152,544
$152.5K
Market Conditions
NOI Build-Up for 2,400 SF
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.
Gross rent
$21.6K $9.00/SF
− Vacancy
−$2.0K −$0.83/SF
EGI
$19.6K $8.17/SF
− OpEx
−$5.9K −$2.45/SF
NOI
$13.7K $5.72/SF
Area
San Antonio, TX
Vacancy
9.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$274,580
Cap Rate 7%
$196,129
Cap Rate 9%
$152,544
Alternative Uses
Best Use
Specialty Retail
$521.1K
$456.0K – $608.0K
NOI $36,477 @ 7.0% cap · market cap 11.22%
Second Best
Retail
$459.0K
$401.6K – $535.5K
NOI $32,127 @ 7.0% cap · market cap 9.89%
Theoretical Best
Office A
$612.2K
$535.7K – $714.2K
NOI $42,854 @ 7.0% cap · market cap 13.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
Explore this area
Business Placement
Demographics for 78221, TX
39,779
Population
14,939
Households
2.7
Avg Household Size
35
Median Age
12%
College-Educated
74%
High-School Grad
36.3 sq mi
ZIP Area
1,096
Density / Sq Mi
$63,114
Median Household Income
$33,439
Median Earnings
$1,147
Median Rent
$157,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Gas station property available for sale at 2902 Commercial Ave in San Antonio.
Where is this gas station located?
The property is located at 2902 Commercial Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Gas station property for sale at 2902 Commercial Ave, San Antonio; Year built: 1972
