Corner-Lot Office
297 Lovera, San Antonio, TX 78212
For Sale
New
$280,000
A flexible office layout includes private rooms, a reception area, a full kitchen, and rear access.
Property Size1,204 SF
Price / SF$232.56
Days on Market2
Property Features for 297 Lovera
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Property Use
Building Details
Year Built
Listing Agency:
United Realty Group of Texas, LLC
(210) 710-8434
Listed By:
Cheryl Ettinger
(210) 722-6722
Source:
Pioneerrealtypartners
Added: Nov 6
Last Checked: Nov 6 at 2:49PM
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 United Realty Group of Texas, LLC
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Investment Insights
Based on property information with market context.
This 1,204-square-foot office property was built in 1946 and has been renovated. Its interior includes three private rooms, a reception or conference area, a full kitchen, and one restroom. An entry ramp, fenced rear yard, and off-street parking with rear access add practical features. The property previously served as a professional insurance office.
The building occupies a corner at San Pedro Avenue and Lovera Boulevard in San Antonio. It is zoned Neighborhood Commercial (NC) and sits within a historic district. Downtown San Antonio and Olmos Park are identified as nearby destinations.
The building occupies a corner at San Pedro Avenue and Lovera Boulevard in San Antonio. It is zoned Neighborhood Commercial (NC) and sits within a historic district. Downtown San Antonio and Olmos Park are identified as nearby destinations.
Key Highlights
- 1,204‑square‑foot office property, built in 1946 and renovated
- Three private rooms plus reception or conference space
- Full kitchen and one restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,409
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,180
$328.2K
Cap Rate 7%
$234,414
$234.4K
Cap Rate 9%
$182,322
$182.3K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$26.6K $22.08/SF
− Vacancy
−$4.7K −$3.91/SF
EGI
$21.9K $18.17/SF
− OpEx
−$5.5K −$4.54/SF
NOI
$16.4K $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%
$328,180
Cap Rate 7%
$234,414
Cap Rate 9%
$182,322
Alternative Uses
Best Use
Office B
$234.4K
$205.1K – $273.5K
NOI $16,409 @ 7.0% cap · market cap 5.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.1K
$268.7K – $358.3K
NOI $21,498 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
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Business Placement
Demographics for 78212, TX
26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
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Market
Average Price Trend$/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 - A flexible office layout includes private rooms, a reception area, a full kitchen, and rear access.
Where is this office building located?
The property is located at 297 Lovera San Antonio, TX.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,204‑square‑foot office property, built in 1946 and renovated; Three private rooms plus reception or conference space; Full kitchen and one restroom
