Commercial Property on Castroville
2940 Castroville Road San Antonio, TX 78237
2940 Castroville Road, San Antonio, TX, 78237
$800,000
For Sale
$800,000
Commercial property with potential for office or historic home renovation.
Property Size2,028 SF
Price / SF$394.48
Days on Market130
Property Features for 2940 Castroville Road
General Information
- Standard status
- Active
- Size
- 2,028 SF
- Property subtype
- Single Residential / Single Family Detached
Building Details
- Year Built
- 1936
Listing Agency
Dwell Real Estate Group
(210) 787-0674
Listed by
Fred Ohnesorge
(210) 787-0674
Source
Compass
Added: Mar 13 Updated: Jul 10 at 12:16 pm Checked: Jul 19 at 5:22 am
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 Dwell Real Estate Group
Investment Insights
Based on property information with market context.
This property, with a history dating back to the 1930s, presents a commercial opportunity or potential for historic home renovation. The existing two-story structure features original wood floors, a tiled bathroom, and curved walls and ceilings. Its location at the corner of Castroville Road and Acme Road, near Port San Antonio, offers visibility and accessibility. The 2,028 square foot property is positioned in an area that has experienced significant growth, making it suitable for various commercial endeavors.
Key Highlights
- Prime commercial location at the corner of Castroville Road and Acme Road.
- Close proximity to Port San Antonio.
- Potential for historic home renovation.
Local Financial Insights For Office B
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 | $44.8k | $22.08 |
| − Vacancy | −$7.9k | −$3.91 |
| EGI | $36.9k | $18.17 |
| − OpEx | −$9.2k | −$4.54 |
| NOI | $27.6k | $13.63 |
2,028 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$394.8K
$345.5K – $460.7K
NOI $27,639 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$517.3K
$452.7K – $603.5K
NOI $36,212 @ 7.0% cap · market cap 4.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercial property with potential for office or historic home renovation.
Where is this commercial land located?
The property is located at 2940 Castroville Road San Antonio, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime commercial location at the corner of Castroville Road and Acme Road.; Close proximity to Port San Antonio.; Potential for historic home renovation.
