Operating Automotive
For Sale
$275,000
3419 Commerce, San Antonio, TX 78207
Existing upholstery and vehicle sales operations provide an established automotive commercial use.
Property Size1,094 SF
Price / SF$251.37
Days on Market37
Property Features for 3419 Commerce
General Information
Standard status
Active
Size
1,094 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1928
Listing Agency:
Mission Real Estate Group
(210) 232-0192
Listed By:
Carlos Acuna · License #0568899
Source:
Kingdomtxrealty
Added: Jul 27
Changed: Aug 29
Last Checked: Aug 31 at 6:36PM
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 Mission Real Estate Group
Investment Insights
Based on property information with market context.
This automotive property is currently operating as an upholstery business while also supporting the buying and selling of cars. The existing use provides a direct connection to automotive service and vehicle-related commercial activity.
Built in 1928, the property is located at 3419 Commerce in San Antonio, Texas. Its current operations and established commercial setting offer a straightforward platform for continued automotive use.
Built in 1928, the property is located at 3419 Commerce in San Antonio, Texas. Its current operations and established commercial setting offer a straightforward platform for continued automotive use.
Key Highlights
- Currently operating as an upholstery business
- Existing car buying and selling operation
- Built in 1928
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
$14,645
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
5.33%
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%
$292,900
$292.9K
Cap Rate 7%
$209,214
$209.2K
Cap Rate 9%
$162,722
$162.7K
Market Conditions
NOI Build-Up for 1,094 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
$21.8K $19.92/SF
− Vacancy
−$872 −$0.80/SF
EGI
$20.9K $19.12/SF
− OpEx
−$6.3K −$5.74/SF
NOI
$14.6K $13.39/SF
Area
San Antonio, TX
Vacancy
4.00%
Lease Rate
$19.92 /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%
$292,900
Cap Rate 7%
$209,214
Cap Rate 9%
$162,722
Alternative Uses
Best Use
Retail
$209.2K
$183.1K – $244.1K
NOI $14,645 @ 7.0% cap · market cap 5.33%
Second Best
Industrial
$89.4K
$78.2K – $104.3K
NOI $6,258 @ 7.0% cap · market cap 2.28%
Theoretical Best
Office A
$279.1K
$244.2K – $325.6K
NOI $19,534 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
818
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78207, TX
51,705
Population
18,750
Households
2.8
Avg Household Size
34
Median Age
6%
College-Educated
62%
High-School Grad
7.3 sq mi
ZIP Area
7,083
Density / Sq Mi
$30,655
Median Household Income
$23,696
Median Earnings
$857
Median Rent
$93,200
Median Home Value
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?
Auto shop - Existing upholstery and vehicle sales operations provide an established automotive commercial use.
Where is this auto shop located?
The property is located at 3419 Commerce San Antonio, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Currently operating as an upholstery business; Existing car buying and selling operation; Built in 1928
