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Flex Space with Flexible Layout
For Sale
$275,000

4230 Culebra Rd, San Antonio, TX 78228

Flexible flex space with customizable finishes and strong visibility on Culebra Rd.

Property Size931 SF
Price / SF$295.38
Days on Market10

Property Features for 4230 Culebra Rd

General Information

Standard status Active
Size 931 SF

Additional Details

Road Access Yes
Listing Agency: Legendary Realty
Listed By: Denisse Venegas
Source: Exprealty
Added: Jul 23 Changed: Jul 31 Last Checked: Jul 31 at 6:54PM

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 Legendary Realty

Investment Insights

Based on property information with market context.

This flex space offers a flexible layout suitable for a variety of uses. The space can function as offices, a retail store, or a flex building, with room to customize finishes based on the end user’s needs. At 4230 Culebra Rd, the property is sized at 931 SF.

The site is positioned for visibility along Culebra Rd, providing strong exposure for drive-by traffic. It is described as a highly accessible location, which can support customer and employee access depending on the intended use.

Key Highlights

  • Flexible layout for offices, retail store, or flex building with customizable finishes
  • 931 SF flex space at 4230 Culebra Rd
  • Excellent visibility along Culebra Rd

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $20.6k $22.08
− Vacancy −$3.6k −$3.91
EGI $16.9k $18.17
− OpEx −$4.2k −$4.54
NOI $12.7k $13.63
931 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$181.3K
$158.6K – $211.5K (±1% cap)
NOI $12,688 @ 7.0% cap · market cap 4.61%
Second Best
Retail
$178.0K
$155.8K – $207.7K (±1% cap)
NOI $12,463 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$237.5K
$207.8K – $277.1K (±1% cap)
NOI $16,624 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Building Supply

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78228, TX

56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
Median Home Value

Market

Vacancy Rate% for Office in San Antonio, TX

13.5% 2019
13.4% 2021
15.7% 2022
17.3% 2023
16.5% 2024
16% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flexible flex space with customizable finishes and strong visibility on Culebra Rd.
Where is this flex space located?
The property is located at 4230 Culebra Rd 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: Flexible layout for offices, retail store, or flex building with customizable finishes; 931 SF flex space at 4230 Culebra Rd; Excellent visibility along Culebra Rd
More about this property
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