Flex Building with Three Office
For Sale
$500,000
318 W BYRD BLVD, Universal City, TX 78148
Three separate office suites each include an ADA-compliant restroom, plus a secure fenced yard at the rear.
Property Size3,500 SF
Price / SF$142.86
Days on Market93
Property Features for 318 W BYRD BLVD
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Multi-Use
Additional Details
Fenced Yard
Yes
Office Units
3
Amenities
conference room
break room
ADA-compliant restroom
secure fenced yard
Building Details
Year Built
2001
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Jul 21
Changed: Oct 19
Last Checked: Oct 20 at 11:18PM
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 PIONEER REALTY PARTNERS, LLC
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Investment Insights
Based on property information with market context.
This for-sale flex building is configured with three office suites totaling 3,500 square feet, with each suite measuring 1,166 square feet. The middle suite includes a professional office, a conference room, and a break room, while the left and right suites combine office space with warehouse space. Each suite is served by its own ADA-compliant restroom.
The property also features a secure fenced yard at the rear. It is positioned just two blocks from the main gates, providing convenient access for day-to-day operations.
Overall, the layout supports mixed office-and-warehouse use across three individually accessible suites, with ADA restrooms on every unit and secure outdoor storage/yard space at the back of the building.
The property also features a secure fenced yard at the rear. It is positioned just two blocks from the main gates, providing convenient access for day-to-day operations.
Overall, the layout supports mixed office-and-warehouse use across three individually accessible suites, with ADA restrooms on every unit and secure outdoor storage/yard space at the back of the building.
Key Highlights
- 3 separate office suites totaling 3,500 SF (each suite is 1,166 SF)
- Each suite includes its own ADA‑compliant restroom for accessibility
- Middle suite features a professional office, conference room, and break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,299
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,980
$566.0K
Cap Rate 7%
$404,271
$404.3K
Cap Rate 9%
$314,433
$314.4K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$45.8K $13.08/SF
− Vacancy
−$2.2K −$0.64/SF
EGI
$43.5K $12.44/SF
− OpEx
−$15.2K −$4.35/SF
NOI
$28.3K $8.09/SF
Area
Bexar County, TX
Vacancy
4.90%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,980
Cap Rate 7%
$404,271
Cap Rate 9%
$314,433
Alternative Uses
Best Use
Office B
$805.5K
$704.8K – $939.8K
NOI $56,385 @ 7.0% cap · market cap 11.28%
Second Best
Flex RnD
$404.3K
$353.7K – $471.7K
NOI $28,299 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$947.3K
$828.9K – $1.11M
NOI $66,311 @ 7.0% cap · market cap 13.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Office units
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
663
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78148, TX
21,569
Population
8,597
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
2,247
Density / Sq Mi
$75,395
Median Household Income
$40,850
Median Earnings
$1,252
Median Rent
$249,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Sisters Tacos & More — 122 W Lindbergh Blvd, Universal City, TX 78148
Frequently Asked Questions
What type of property is this?
Flex space - Three separate office suites each include an ADA-compliant restroom, plus a secure fenced yard at the rear.
Where is this flex space located?
The property is located at 318 W BYRD BLVD Universal City, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3 separate office suites totaling 3,500 SF (each suite is 1,166 SF); Each suite includes its own ADA‑compliant restroom for accessibility; Middle suite features a professional office, conference room, and break room
