Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Shavano Park Office Building ForRent Title is generated by Realmo AI

    4372 North Loop 1604 West, Shavano Park, TX 78249

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Three-story office building with Loop 1604 frontage and visibility.

    Type:Office
    Property size:
    3,365 SF
    Added:
    Nov 22, 2025
    Days on Market:
    193
    Last Refresh:
    May 20 at 12:54 am

    Property Features for 4372 North Loop 1604 West

    General Information

    Standard status
    Active
    Size
    3,365 SF
    Property subtype
    Office

    Spaces For Lease

    at 4372 North Loop 1604 West Contact us

    We can help!

    Listing Contact
    Christi Griggs

    Listing agent Christi Griggs

    Listing office CBRE | San Antonio

    Listing date Nov 22, 2025

    Source Cbre

    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 CBRE | San Antonio

    HighLights

    • Superb Loop 1604 visibility and access
    • Prominent location with Loop 1604 frontage
    • Outstanding exposure to Loop 1604
    • Multiple points of ingress/egress directly off Loop 1604
    • Close proximity to numerous food, entertainment and retail establishments
    • Within ten minutes of The Rim shopping center

    Overview

    Pond Hill is a three-story office building with finished interiors. It is situated on the east bound access road of Loop 1604, positioned between Military Drive and Lockhill Selma Road, and near IH-10. The location provides convenient access to food, entertainment, and retail establishments. The property features frontage on Loop 1604, offering visibility and access. Multiple points of ingress and egress are available directly off the eastbound access road of Loop 1604 via Pond Hill Road and Military Drive. The Rim shopping center, featuring restaurants and retail stores, is within ten minutes of the property. Eisenhower Park is also nearby. The property size is 3365 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Shavano Park
    County
    Bexar
    State
    Texas
    Longitude
    -98.6053
    Latitude
    29.5721

    Nearby Similar for Lease

    • $24 SF/Yr
      3,386 SF

      Office Space in Napier Park

      Office space for lease in a prime San Antonio location.
      3216 Napier Park, Shavano Park, TX, 78231
      View Details
    • $27 SF/Yr

      Office Space on Lockhill Selma

      Office space for rent with prime visibility.
      4466 Lockhill Selma Road, Shavano Park, TX 78249
      View Details
    • Contact for pricing
      1,850 SF

      Shavano Park Retail Space Available

      Prime retail space in affluent Shavano Park neighborhood.
      14439 Nw Military Hwy, Shavano Park, TX
      View Details
    • Contact for pricing

      Shavano Park Office Space Available

      Office space for rent in Shavano Park, Texas.
      13409 NW Military Hwy, Shavano Park, TX 78231
      View Details
    • Contact for pricing
      8,524 SF

      Medical Office Space Available

      Medical office space with Loop 1604 signage and visibility.
      4050 N Loop 1604 W, Shavano Park, TX
      View Details
    • Contact for pricing

      Shavano Park Medical Office Space

      Medical office space available in a prime location.
      3602 Paesanos Pkwy, Shavano Park, TX 78231
      View Details

    FAQs

    What type of property is this?
    Office building - Three-story office building with Loop 1604 frontage and visibility.
    Where is this office building located?
    The property is located at 4372 North Loop 1604 West Shavano Park, TX.
    What are key features of this property?
    This property features: Superb Loop 1604 visibility and access; Prominent location with Loop 1604 frontage; Outstanding exposure to Loop 1604
    (210) 253-6024
    We can help!
    Listing Contact
    Christi Griggs
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4372 North Loop 1604 West, Shavano Park, TX, 78249
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!