Office Building with Conference
New
For Sale
$835,000
5683 US HIGHWAY 181 N, Floresville, TX 78114
A flexible office layout includes reception, a kitchenette, a workroom, and four additional rooms.
Property Size1,893 SF
Price / SF$441.10
Days on Market4
Property Features for 5683 US HIGHWAY 181 N
General Information
Standard status
Active
Size
1,893 SF
Property subtype
Office/Medical/Prof Bldg
Additional Details
Currently Operating
Yes
Property Use
Office
Amenities
multimedia conference room
front reception
ADA bathroom
workroom
kitchenette
Building Details
Year Built
1970
Listing Agency:
South Texas Realty, LLC
(830) 393-0000
Listed By:
Karen Gulick · License #0559608
(210) 531-6695
Source:
Pioneerrealtypartners
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 4:18AM
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 South Texas Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,893-square-foot office building, constructed in 1970, is arranged with a reception area, a multimedia conference room, an ADA bathroom, a workroom, a kitchenette, and four additional rooms. The existing office configuration provides a range of separate rooms alongside shared support areas.
The property is outside city limits and has no restrictions. A short pipeline easement clips the front corner of the site.
The property is outside city limits and has no restrictions. A short pipeline easement clips the front corner of the site.
Key Highlights
- 1,893‑square‑foot office building built in 1970
- Multimedia conference room, reception area, ADA bathroom, workroom, and kitchenette
- Four additional rooms beyond the reception and conference areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,799
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$515,980
$516.0K
Cap Rate 7%
$368,557
$368.6K
Cap Rate 9%
$286,656
$286.7K
Market Conditions
NOI Build-Up for 1,893 SF
Gross rent
$41.8K $22.08/SF
− Vacancy
−$7.4K −$3.91/SF
EGI
$34.4K $18.17/SF
− OpEx
−$8.6K −$4.54/SF
NOI
$25.8K $13.63/SF
Area
Wilson County, 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%
$515,980
Cap Rate 7%
$368,557
Cap Rate 9%
$286,656
Alternative Uses
Best Use
Office B
$368.6K
$322.5K – $430.0K
NOI $25,799 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$482.9K
$422.5K – $563.4K
NOI $33,801 @ 7.0% cap · market cap 4.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
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Business Placement
Demographics for 78114, TX
22,178
Population
9,212
Households
2.4
Avg Household Size
41
Median Age
24%
College-Educated
88%
High-School Grad
349.1 sq mi
ZIP Area
64
Density / Sq Mi
$84,260
Median Household Income
$47,336
Median Earnings
$1,079
Median Rent
$273,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A flexible office layout includes reception, a kitchenette, a workroom, and four additional rooms.
Where is this office building located?
The property is located at 5683 US HIGHWAY 181 N Floresville, TX.
What is the asking price?
The asking price for this property is $835,000.
What are key features of this property?
This property features: 1,893‑square‑foot office building built in 1970; Multimedia conference room, reception area, ADA bathroom, workroom, and kitchenette; Four additional rooms beyond the reception and conference areas
