Building Details

Year Built 2006

Buildings 1

Stories 2

Listing Agency: PIONEER REALTY PARTNERS, LLC

Listed By: Denise Bourassa Show Phone

Source: Pioneerrealtypartners

Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:40AM

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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

Investment Insights

Based on property information with market context.

This two-story office property contains 11,623 RSF and was built in 2006. The space is fully leased.

The property is at the De Zavala Road and Lockhill-Selma intersection in Shavano Park, a suburb of San Antonio. The address is 4085 De Zavala, Shavano Park, TX 78249.

Key Highlights

• 11,623 RSF across two stories
• 100% leased
• Built in 2006

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$187,247

Cap Rate

3.74%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,744,940 $3.7M

Cap Rate 7%

$2,674,957 $2.7M

Cap Rate 9%

$2,080,522 $2.1M

Market Conditions

NOI Build-Up for 11,623 SF

Gross rent

$279.0K $24.00/SF

− Vacancy

−$29.3K −$2.52/SF

EGI

$249.7K $21.48/SF

− OpEx

−$62.4K −$5.37/SF

NOI

$187.2K $16.11/SF

Area

Bexar County, TX

Vacancy

10.50%

Lease Rate

$24.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,744,940

Cap Rate 7%

$2,674,957

Cap Rate 9%

$2,080,522

Alternative Uses

Best Use

Office B

$2.67M

$2.34M – $3.12M (±1% cap)

NOI $187,247 @ 7.0% cap · market cap 3.74%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$3.15M

$2.75M – $3.67M (±1% cap)

NOI $220,208 @ 7.0% cap · market cap 4.40%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply HVAC Service Daycare Center Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

354

Businesses Nearby

Explore this area Business Placement

Demographics for 78249, TX

56,996

Population

24,058

Households

2.4

Avg Household Size

30

Median Age

52%

College-Educated

96%

High-School Grad

14.5 sq mi

ZIP Area

3,931

Density / Sq Mi

$80,851

Median Household Income

$39,017

Median Earnings

$1,475

Median Rent

$284,200

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Office units - The office property is fully leased and sits near the De Zavala Road and Lockhill-Selma intersection.

Where is this office units located?

The property is located at 4085 De Zavala Shavano Park, TX.

What is the asking price?

The asking price for this property is $5,000,000.

What are key features of this property?

This property features: 11,623 RSF across two stories; 100% leased; Built in 2006