Multifamily Property with Commercial
For Sale
$315,000
4714 E Southcross Blvd, San Antonio, TX 78222
Existing multifamily asset with residential and commercial zoning on a sizable South San Antonio parcel.
Property Size1,668 SF
Lot Size0.60 Acres
Price / SF$188.85
Days on Market40
Property Features for 4714 E Southcross Blvd
General Information
Standard status
Active
Size
1,668 SF
Lot size
0.60 Acres
Property subtype
Multi-Family
Zoning
residential and commercial
Additional Details
Land Use
residential, commercial
Building Details
Year Built
1948
Listing Agency:
Real Broker, LLC
Listed By:
Josue Martin
(214) 202-7615
Source:
Mlsluxurygroup
Added: Jul 25
Changed: Aug 29
Last Checked: Sep 1 at 10:25PM
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 Real Broker, LLC
Investment Insights
Based on property information with market context.
This multifamily property was built in 1948 and encompasses approximately 1,668 in reported property size. The asset occupies nearly 0.60 acres and carries both residential and commercial zoning, offering an existing multifamily use alongside potential for future development.
The property is located at 4714 E Southcross Blvd in San Antonio, on the city’s southeast side. Its position along a busy street provides the site context described for the property.
The property is located at 4714 E Southcross Blvd in San Antonio, on the city’s southeast side. Its position along a busy street provides the site context described for the property.
Key Highlights
- Nearly 0.60‑acre multifamily property
- Residential and commercial zoning
- Built in 1948
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,038
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$340,760
$340.8K
Cap Rate 7%
$243,400
$243.4K
Cap Rate 9%
$189,311
$189.3K
Market Conditions
NOI Build-Up for 1,668 SF
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.
Gross rent
$33.0K $19.80/SF
− Vacancy
−$2.0K −$1.23/SF
EGI
$31.0K $18.57/SF
− OpEx
−$13.9K −$8.36/SF
NOI
$17.0K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$340,760
Cap Rate 7%
$243,400
Cap Rate 9%
$189,311
Alternative Uses
Best Use
Apartment 5plus
$243.4K
$213.0K – $284.0K
NOI $17,038 @ 7.0% cap · market cap 5.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$425.5K
$372.3K – $496.4K
NOI $29,783 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
Demographics for 78222, TX
25,028
Population
9,668
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
19.1 sq mi
ZIP Area
1,310
Density / Sq Mi
$64,251
Median Household Income
$37,730
Median Earnings
$1,151
Median Rent
$188,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Existing multifamily asset with residential and commercial zoning on a sizable South San Antonio parcel.
Where is this multifamily property located?
The property is located at 4714 E Southcross Blvd San Antonio, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Nearly 0.60‑acre multifamily property; Residential and commercial zoning; Built in 1948
