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Class A Office Building
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 Market23

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
Listing Agency: DH Realty Partners, Inc
Listed By: Michael Hoover ([email protected])
Source: Sanantoniosfinestrealty
Added: Jul 14 Changed: Jul 15 Last Checked: Aug 5 at 7:26AM

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

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.

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 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 $1.01M $22.08
− Vacancy −$177.9k −$3.91
EGI $827.3k $18.17
− OpEx −$206.8k −$4.54
NOI $620.5k $13.63
45,528 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$8.86M
$7.76M – $10.34M (±1% cap)
NOI $620,496 @ 7.0% cap · market cap 8.99%
Second Best
Healthcare Medical
$7.50M
$6.56M – $8.75M (±1% cap)
NOI $525,138 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$11.61M
$10.16M – $13.55M (±1% cap)
NOI $812,939 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dr. Jason Brownell Physician UT Health De ... Hospital Cassandra Olson Williams, ... Pediatrician UTH Dezavala- Cardiology Physician Ripa Chakravorty, MD Physician

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store

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
Highway access

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby

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 San Antonio, TX

13.5% 2019
13.4% 2021
15.7% 2022
17.3% 2023
16.5% 2024
16% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
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