Retail Space on Highland
519 E Highland Blvd, San Antonio, TX 78210
4,006 SF retail space on 1.68 acre lot.
Type:Retail
Property size:
4,006 SFLot size:
1.68 AcresPrice / SF:
$299/SF- Added:
- Jun 21, 2024
- Days on Market:
- 713
- Last Refresh:
- May 12 at 9:46 pm
Property Features for 519 E Highland Blvd
General Information
- Standard status
- Active
- Size
- 4,006 SF
- Lot size
- 1.68 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing agent Matthew Giang License #770491
Listing office eXp Commercial
Listing date Jun 21, 2024
Source Crexi
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 eXp Commercial
HighLights
- Centrally located retail space, just 3 miles from downtown San Antonio.
- Large 1.68 acre lot with redevelopment potential and room to expand parking.
- Well‑maintained former bank building suitable for retail, office, medical, and more.
- Surrounded by residential homes, ideal for attracting local business.
- Minutes away from major highways, providing easy accessibility.
- 4,006 SF space, built in 1965, offering a great investment or business opportunity.
Overview
This 4,006 SF retail space is available for sale or lease. Situated on a 1.68-acre lot, the property formerly served as a bank building and is well-maintained. It offers potential for various uses, expansion, and redevelopment. A large parking lot is available. The property is centrally located, approximately 3 miles from downtown San Antonio, with convenient access to major highways. Surrounded by residential homes, it presents an opportunity for retail, law office, medical, utility company, QSR, or general office space. The property is suitable for investment.
Local Financial Insights For Specialty 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 | $84.1k | $21.00 |
| − Vacancy | −$2.9k | −$0.74 |
| EGI | $81.2k | $20.27 |
| − OpEx | −$20.3k | −$5.07 |
| NOI | $60.9k | $15.20 |
4,006 SF · lease $21.00/SF/yr · vacancy 3.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$869.8K
$761.1K – $1.01M
NOI $60,886 @ 7.0% cap · market cap 5.07%
Second Best
Office B
$780.0K
$682.5K – $910.0K
NOI $54,597 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.02M
$894.1K – $1.19M
NOI $71,530 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Chase Mortgage
Loan Service
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.4867713
- Latitude
- 29.3972327
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - 4,006 SF retail space on 1.68 acre lot.
Where is this bank located?
The property is located at 519 E Highland Blvd San Antonio, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Centrally located retail space, just 3 miles from downtown San Antonio.; Large 1.68 acre lot with redevelopment potential and room to expand parking.; Well‑maintained former bank building suitable for retail, office, medical, and more.
