Freestanding Office Building on Loop
For Sale
$3,599,000
5150 N Loop 1604, San Antonio, TX 78249
13,369 SF office building with high visibility and accessibility.
Property Size13,369 SF
Price / SF$269.20
Days on Market205
Property Features for 5150 N Loop 1604
General Information
Standard status
Active
Size
13,369 SF
Property subtype
Office Building
Building Details
Year Built
2007
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Mar 27
Changed: Oct 17
Last Checked: Oct 16 at 9:24AM
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 PIONEER REALTY PARTNERS, LLC
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Investment Insights
Based on property information with market context.
This 13,369 square foot freestanding office building is located along Loop 1604 near Tradesman Drive, offering visibility and accessibility one exit from the IH-10/1604 interchange and minutes from The Rim. The property is zoned C-3, accommodating a range of commercial uses including professional office, hospitality, retail, entertainment, medical, and automotive. The location benefits from commuter traffic, proximity to affluent residential neighborhoods, and access to shopping and employment centers. The building's layout includes private offices, open workspaces, and collaborative areas. A detached unit with a full bathroom provides versatility for guest quarters, an executive office, or potential rental income. Designed to function as a single-user headquarters or for multiple users, the property provides functionality and adaptability.
Key Highlights
- Premier visibility and accessibility on Loop 1604 frontage road.
- Flexible layout suitable for single or multiple users.
- Zoned C‑3, accommodating a wide range of commercial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$182,204
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,644,080
$3.6M
Cap Rate 7%
$2,602,914
$2.6M
Cap Rate 9%
$2,024,489
$2.0M
Market Conditions
NOI Build-Up for 13,369 SF
Gross rent
$295.2K $22.08/SF
− Vacancy
−$52.2K −$3.91/SF
EGI
$242.9K $18.17/SF
− OpEx
−$60.7K −$4.54/SF
NOI
$182.2K $13.63/SF
Area
San Antonio, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,644,080
Cap Rate 7%
$2,602,914
Cap Rate 9%
$2,024,489
Alternative Uses
Best Use
Office B
$2.60M
$2.28M – $3.04M
NOI $182,204 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.41M
$2.98M – $3.98M
NOI $238,714 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
709
Businesses Nearby
Explore this area
Business Placement
Demographics for 78249, TX
56,996
Population
24,058
Households
2.4
Avg Household Size
30
Median Age
52%
College-Educated
96%
High-School Grad
14.5 sq mi
ZIP Area
3,931
Density / Sq Mi
$80,851
Median Household Income
$39,017
Median Earnings
$1,475
Median Rent
$284,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - 13,369 SF office building with high visibility and accessibility.
Where is this office building located?
The property is located at 5150 N Loop 1604 San Antonio, TX.
What is the asking price?
The asking price for this property is $3,599,000.
What are key features of this property?
This property features: Premier visibility and accessibility on Loop 1604 frontage road.; Flexible layout suitable for single or multiple users.; Zoned C‑3, accommodating a wide range of commercial uses.
