San Antonio Industrial Space
For Sale
Contact for pricing
5814-5818 Rittiman Plaza, San Antonio, TX 78218
13,717 SF industrial space for sale near I-410.
Property Size13,717 SF
Lot Size0.65 Acres
Price / SF$131.22
Days on Market193
Property Features for 5814-5818 Rittiman Plaza
General Information
Standard status
Active
Size
13,717 SF
Class
C
Lot size
0.65 Acres
Property subtype
Industrial
Zoning
I-1
Building Details
Year Built
1985
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5200
Listed By:
Eugenio Valladares · License #830404
Source:
Crexi
Added: Feb 4
Changed: Aug 8
Last Checked: Aug 3 at 8:34AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
The property at 5814 to 5818 Rittiman Plaza in San Antonio, Texas, offers approximately 13,717 square feet of industrial space on a 0.65-acre lot. The single-tenant building features tilt-wall construction and a 14-foot clear height. It includes two dock-high doors and one grade-level door, along with three-phase power. The property is equipped with eight HVAC units, including a rooftop unit added in 2024, and TPO roofing. There are 35 parking spaces available. The property is located just off Rittiman Road, adjacent to Interstates 410 (Loop) and 35, and is 7.6 miles northeast of downtown San Antonio. Offered for sale as vacant, the property is suitable for various owner uses. The property, situated on two parcels, is divisible due to an existing floor-to-ceiling firewall, presenting a potential lease-up opportunity.
Key Highlights
- Vacant industrial space - ideal for owner‑user or value‑add lease‑up.
- Strategic location adjacent to Interstates 410 and 35, providing excellent accessibility and proximity to downtown San Antonio.
- Divisible property with existing floor‑to‑ceiling firewall, situated on two parcels.
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
$95,281
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
5.29%
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%
$1,905,620
$1.9M
Cap Rate 7%
$1,361,157
$1.4M
Cap Rate 9%
$1,058,678
$1.1M
Market Conditions
NOI Build-Up for 13,717 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
$123.5K $9.00/SF
− Vacancy
−$11.4K −$0.83/SF
EGI
$112.1K $8.17/SF
− OpEx
−$16.8K −$1.23/SF
NOI
$95.3K $6.95/SF
Area
San Antonio, TX
Vacancy
9.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
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%
$1,905,620
Cap Rate 7%
$1,361,157
Cap Rate 9%
$1,058,678
Alternative Uses
Best Use
Warehouse
$1.36M
$1.19M – $1.59M
NOI $95,281 @ 7.0% cap · market cap 5.29%
Second Best
Industrial
$1.12M
$980.8K – $1.31M
NOI $78,467 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$3.50M
$3.06M – $4.08M
NOI $244,928 @ 7.0% cap · market cap 13.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78218, TX
36,137
Population
15,462
Households
2.3
Avg Household Size
35
Median Age
20%
College-Educated
82%
High-School Grad
11.2 sq mi
ZIP Area
3,227
Density / Sq Mi
$56,833
Median Household Income
$34,040
Median Earnings
$1,168
Median Rent
$183,900
Median Home Value
Market
Vacancy Rate% for Industrial in San Antonio, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 4622 Center Park Blvd, San Antonio, TX 78218
- Otter Self Storage — 6730 Fairdale Dr, San Antonio, TX 78218
- Chep Pallet Warehouse — 3 Rittiman Plaza, San Antonio, TX 78218
Frequently Asked Questions
What type of property is this?
Warehouse - 13,717 SF industrial space for sale near I-410.
Where is this warehouse located?
The property is located at 5814-5818 Rittiman Plaza San Antonio, TX.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Vacant industrial space - ideal for owner‑user or value‑add lease‑up.; Strategic location adjacent to Interstates 410 and 35, providing excellent accessibility and proximity to downtown San Antonio.; Divisible property with existing floor‑to‑ceiling firewall, situated on two parcels.
