Office Building with Secured
For Sale
Contact for pricing
3463 Magic Dr, San Antonio, TX 78229
Flexible suites support businesses seeking office space near major San Antonio employment and transportation destinations.
Property Size78,294 SF
Price / SF$0.00
Days on Market55
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Property Features for 3463 Magic Dr
General Information
Standard status
Active
Size
78,294 SF
Additional Details
Highway Access
Yes
Amenities
24/7 secured access
Building Details
Year Built
1986
Listing Agency:
Real Broker, LLC
Listed By:
Michael Vasquez · License #719713
(512) 960-3253
Source:
Theswinneygroup
Added: Aug 22
Changed: Oct 9
Last Checked: Oct 7 at 4:54PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
Built in 1986, this office building offers suites ranging from 190 SF to 4,269 SF, allowing for a range of office configurations. The property provides 24/7 secured entry and accommodates businesses seeking office space in a professionally configured commercial setting.
The building is located at 3463 Magic Dr in San Antonio, with access to I-10, Loop 410, the Medical Center, Downtown San Antonio, and San Antonio International Airport. Office suites are available for lease, while the property is offered for sale.
The building is located at 3463 Magic Dr in San Antonio, with access to I-10, Loop 410, the Medical Center, Downtown San Antonio, and San Antonio International Airport. Office suites are available for lease, while the property is offered for sale.
Key Highlights
- Office suites range from 190 SF to 4,269 SF
- 24/7 secured access
- Convenient access to I‑10 and Loop 410
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,067,060
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,341,200
$21.3M
Cap Rate 7%
$15,243,714
$15.2M
Cap Rate 9%
$11,856,222
$11.9M
Market Conditions
NOI Build-Up for 78,294 SF
Gross rent
$1.73M $22.08/SF
− Vacancy
−$306.0K −$3.91/SF
EGI
$1.42M $18.17/SF
− OpEx
−$355.7K −$4.54/SF
NOI
$1.07M $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%
$21,341,200
Cap Rate 7%
$15,243,714
Cap Rate 9%
$11,856,222
Alternative Uses
Best Use
Office B
$15.24M
$13.34M – $17.78M
NOI $1,067,060 @ 7.0% cap · market cap 4,850,272.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$19.97M
$17.48M – $23.30M
NOI $1,398,003 @ 7.0% cap · market cap 6,354,559.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,583
Businesses Nearby
Explore this area
Business Placement
Demographics for 78229, TX
33,135
Population
19,149
Households
1.7
Avg Household Size
31
Median Age
31%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
5,713
Density / Sq Mi
$46,718
Median Household Income
$32,888
Median Earnings
$1,234
Median Rent
$206,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - Flexible suites support businesses seeking office space near major San Antonio employment and transportation destinations.
Where is this office building located?
The property is located at 3463 Magic Dr San Antonio, TX.
What are key features of this property?
This property features: Office suites range from 190 SF to 4,269 SF; 24/7 secured access; Convenient access to I‑10 and Loop 410
