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Multi-Tenant Office Building

4625 Centerview, San Antonio, TX 78228

For Sale
$1,750,000

The property combines an occupied office area with adjoining vacant space and on-site parking.

Property Size6,628 SF
Price / SF$264.03
Days on Market12

Property Features for 4625 Centerview

General Information

Standard status Active
Size 6,628 SF
Total Parking Spaces 44
Property subtype Commercial
Zoning C-3

Site & Location

Neighborhood Leon Valley
Highway Access Yes
Road Access Yes

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Property Use Office

Amenities

1.176
No
44

Building Details

Building Size 6,628 SF
Year Built 1983
Buildings 1
Listing Agency: Wynn-One Realty
Listed By: Robert Wynn
Source: Malouffrealty
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 4:58PM

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 Wynn-One Realty

Rey
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Investment Insights

Based on property information with market context.

The office building includes an occupied 4,600-square-foot area leased to PNC Branch Bank and an adjoining 2,000-square-foot vacant area. The building dates to 1983 and is zoned C-3. Parking is available on site, with building and vehicle access from all four sides.

The property is near Loop 410 and a traffic signal at Callaghan Road, providing access to both routes.

Key Highlights

  • 4,600‑square‑foot occupied space with PNC Branch Bank
  • Adjoining 2,000‑square‑foot vacant area
  • 44 parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$100,737
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,014,740 $2.0M
Cap Rate 7%
$1,439,100 $1.4M
Cap Rate 9%
$1,119,300 $1.1M
Market Conditions
NOI Build-Up for 6,628 SF
Gross rent
$139.2K $21.00/SF
− Vacancy
−$4.9K −$0.74/SF
EGI
$134.3K $20.27/SF
− OpEx
−$33.6K −$5.07/SF
NOI
$100.7K $15.20/SF
Area
San Antonio, TX
Vacancy
3.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,014,740
Cap Rate 7%
$1,439,100
Cap Rate 9%
$1,119,300

Alternative Uses

Best Use
Specialty Retail
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,737 @ 7.0% cap · market cap 5.76%
Second Best
Office B
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,332 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,348 @ 7.0% cap · market cap 6.76%
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

Office buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency Auto Parts Store Auto Repair Shop Storage Facility

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,399
Businesses Nearby

Demographics for 78228, TX

56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in San Antonio, TX

$224 Jul
$249 Aug
$243 Sep
$252 Oct

Properties on Market for Office buildings in San Antonio

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - The property combines an occupied office area with adjoining vacant space and on-site parking.
Where is this office building located?
The property is located at 4625 Centerview San Antonio, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 4,600‑square‑foot occupied space with PNC Branch Bank; Adjoining 2,000‑square‑foot vacant area; 44 parking spaces
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