Class A Office
For Sale
$6,900,000
4306 De Zavala, San Antonio, TX 78249
Newly completed Class A office building in 2023, zoned O-2 and suited for medical or professional office use.
Property Size45,528 SF
Price / SF$151.56
Days on Market96
Property Features for 4306 De Zavala
General Information
Standard status
Active
Size
45,528 SF
Class
A
Total Parking Spaces
100
Property subtype
Commercial
Zoning
O-2
Additional Details
Highway Access
Yes
Building Details
Year Built
2022
Stories
1
Listing Agency:
DH Realty Partners, Inc
(210) 509-4911
Listed By:
Michael Hoover (hoover@dhrp.us)
Source:
Sanantoniosfinestrealty
Added: Jul 14
Changed: Oct 3
Last Checked: Oct 16 at 8:21AM
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 DH Realty Partners, Inc
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Investment Insights
Based on property information with market context.
A newly completed 20,000 SF Class A office building finished in 2023, located within the Indian Woods Business Park development. The property is zoned O-2 and is suitable for medical or professional office use. Parking is provided at a ratio of 5 spaces per 1,000 SF.
Convenient access is available to Loop 1604, IH-10, Loop 410, Wurzbach Parkway, and Highway 281. The building sits within an established office and healthcare corridor with surrounding retail, medical, and professional service users.
This is the final available building within the development.
Convenient access is available to Loop 1604, IH-10, Loop 410, Wurzbach Parkway, and Highway 281. The building sits within an established office and healthcare corridor with surrounding retail, medical, and professional service users.
This is the final available building within the development.
Key Highlights
- New 20,000 SF Class A office building completed in 2023 within the Indian Woods Business Park development
- Zoned O‑2 and suitable for medical or professional office use
- Parking ratio of 5 spaces per 1,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$620,496
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,409,920
$12.4M
Cap Rate 7%
$8,864,229
$8.9M
Cap Rate 9%
$6,894,400
$6.9M
Market Conditions
NOI Build-Up for 45,528 SF
Gross rent
$1.01M $22.08/SF
− Vacancy
−$177.9K −$3.91/SF
EGI
$827.3K $18.17/SF
− OpEx
−$206.8K −$4.54/SF
NOI
$620.5K $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%
$12,409,920
Cap Rate 7%
$8,864,229
Cap Rate 9%
$6,894,400
Alternative Uses
Best Use
Office B
$8.86M
$7.76M – $10.34M
NOI $620,496 @ 7.0% cap · market cap 8.99%
Second Best
Healthcare Medical
$7.50M
$6.56M – $8.75M
NOI $525,138 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$11.61M
$10.16M – $13.55M
NOI $812,939 @ 7.0% cap · market cap 11.78%
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
376
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - Newly completed Class A office building in 2023, zoned O-2 and suited for medical or professional office use.
Where is this office building located?
The property is located at 4306 De Zavala San Antonio, TX.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: New 20,000 SF Class A office building completed in 2023 within the Indian Woods Business Park development; Zoned O‑2 and suitable for medical or professional office use; Parking ratio of 5 spaces per 1,000 SF
