Vacant Retail Building in San
For Sale
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4411 E Evans Rd, San Antonio, TX 78259
Vacant retail building in high-growth area near TPC San Antonio.
Property Size11,300 SF
Price / SF$321
Days on Market263
Property Features for 4411 E Evans Rd
General Information
Standard status
Active
Size
11,300 SF
Class
A
Property subtype
Office, Retail
Investment Type
Owner/User
Building Details
Year Built
2024
Buildings
1
Listing Agency:
Foresite Commercial Real Estate
Listed By:
Xavier Alvarado · License #TX 766038
(210) 722-9096
Source:
Crexi
Added: Jan 27
Changed: Oct 7
Last Checked: Oct 16 at 9:20AM
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 Foresite Commercial Real Estate
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Investment Insights
Based on property information with market context.
The property at 4411 E Evans Road is a vacant retail building situated in a rapidly growing, affluent area of San Antonio, near TPC San Antonio. The location benefits from its proximity to a newly constructed and fully leased retail center. The surrounding area has strong demographics, with average household incomes exceeding $140,000 within a three-mile radius and a residential base of over 47,000 residents. The property is positioned next to Fischer’s Convenience Corner and a soon-to-open Whataburger, benefiting from traffic generated by fuel, quick-service restaurants, and service-oriented businesses. The adjacent tenant mix provides co-tenancy benefits for future occupants. The 11,300 square foot building offers flexible configuration options and good visibility and access. It is suitable for medical, quick-service restaurant, specialty retail, or service users seeking a location in a high-growth submarket. This property offers the potential for value creation through lease-up in a high-demand retail area.
Key Highlights
- Located in a high‑income, fast‑growing area with average household incomes exceeding $140,000.
- Benefits from proven tenant demand and limited nearby retail supply.
- Positioned adjacent to a newly constructed, fully leased retail center, providing immediate co‑tenancy benefits.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$151,265
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,025,300
$3.0M
Cap Rate 7%
$2,160,929
$2.2M
Cap Rate 9%
$1,680,722
$1.7M
Market Conditions
NOI Build-Up for 11,300 SF
Gross rent
$225.1K $19.92/SF
− Vacancy
−$9.0K −$0.80/SF
EGI
$216.1K $19.12/SF
− OpEx
−$64.8K −$5.74/SF
NOI
$151.3K $13.39/SF
Area
San Antonio, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,025,300
Cap Rate 7%
$2,160,929
Cap Rate 9%
$1,680,722
Alternative Uses
Best Use
Retail
$2.16M
$1.89M – $2.52M
NOI $151,265 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,771 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 78259, TX
29,842
Population
11,087
Households
2.7
Avg Household Size
37
Median Age
51%
College-Educated
95%
High-School Grad
15.5 sq mi
ZIP Area
1,925
Density / Sq Mi
$109,429
Median Household Income
$60,923
Median Earnings
$1,554
Median Rent
$370,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Retail space - Vacant retail building in high-growth area near TPC San Antonio.
Where is this retail space located?
The property is located at 4411 E Evans Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $3,627,300.
What are key features of this property?
This property features: Located in a high‑income, fast‑growing area with average household incomes exceeding $140,000.; Benefits from proven tenant demand and limited nearby retail supply.; Positioned adjacent to a newly constructed, fully leased retail center, providing immediate co‑tenancy benefits.
