Vacant Retail Building in San
4411 E Evans Rd San Antonio, TX 78259
4411 E Evans Rd, San Antonio, TX, 78259
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For Sale
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Vacant retail building in high-growth area near TPC San Antonio.
Property Size11,300 SF
Price / SF$321
Days on Market172
Property Features for 4411 E Evans Rd
General Information
- Standard status
- Active
- Size
- 11,300 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 2024
Listing Agency
Foresite Commercial Real Estate
Listed by
Xavier Alvarado · License #TX 766038
Source
Crexi
Added: Jan 27 Checked: Jul 16 at 11:53 am
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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.
Local Financial Insights For Retail
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 | $225.1k | $19.92 |
| − Vacancy | −$9.0k | −$0.80 |
| EGI | $216.1k | $19.12 |
| − OpEx | −$64.8k | −$5.74 |
| NOI | $151.3k | $13.39 |
11,300 SF · lease $19.92/SF/yr · vacancy 4.00% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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.
