New Class A Office
4306 De Zavala, San Antonio, TX 78249
For Sale
$6,900,000
New Class A office condo complex in premier development.
Property Size45,528 SF
Price / SF$151.56
Days on Market264
Property Features for 4306 De Zavala
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
DH Realty Partners
Listed By:
Michael Hoover · License TX #391636
(210) 218-9095
Source:
Hillcountryhomeseeker
Added: Feb 22
Changed: Nov 7
Last Checked: Nov 10 at 12:50PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a brand-new Class A contemporary office-condo complex featuring five buildings in a premier development. Phases I & II are complete. Building 1 is leased by Texas Health, Building 2 was sold to a retina specialist, Building 3 was sold to Apex Primary Care, and Building 4 was sold to Texas Liver Institute. Phase III - Building 5 is the final opportunity in this sought-after development. This new building was completed in 2023 and represents the last available space in the complex. The property size is 20000 square feet.
Key Highlights
- Final opportunity to own space in a highly desirable, fully developed Class A office‑condo complex.
- Brand new construction, completed in 2024.
- Located in a premier development with established medical tenants (Texas Health, Apex Primary Care, Texas Liver Institute, retina specialist).
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
—
—
no second resolved use
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
$284,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in San Antonio, TX
Properties on Market for Office buildings in San Antonio
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - New Class A office condo complex in premier development.
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: Final opportunity to own space in a highly desirable, fully developed Class A office‑condo complex.; Brand new construction, completed in 2024.; Located in a premier development with established medical tenants (Texas Health, Apex Primary Care, Texas Liver Institute, retina specialist).
