Freestanding Retail
New
For Sale
$700,000
6515 W Military Drive, San Antonio, TX 78227
C-3-zoned commercial property with on-site utilities at a signalized intersection.
Property Size2,500 SF
Lot Size0.41 Acres
Price / SF$280
Days on Market3
Property Features for 6515 W Military Drive
General Information
Standard status
Active
Size
2,500 SF
Lot size
0.41 Acres
Property subtype
Retail/Shop
Zoning
C-3
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Building Details
Year Built
1980
Buildings
1
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Oct 11
Changed: Oct 13
Last Checked: Oct 12 at 8:18PM
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
Investment Insights
Based on property information with market context.
The freestanding retail property includes a 2,500-square-foot building on 0.41 acres. Built in 1980, the site has on-site utilities and approximately 90 feet of frontage along W Military Drive, with a signalized intersection at W Military Drive and Hwy 90.
The property is directly across from Lackland Air Force Base and near Wilford Hall Medical Center and Lackland Corridor Gateway Park. Kel-Lac Tactical + Outdoor and La Quinta Inn are neighboring businesses. Reported traffic volumes are approximately 67,000 vehicles per day on Hwy 90 and 31,000 along W Military Drive.
The property is directly across from Lackland Air Force Base and near Wilford Hall Medical Center and Lackland Corridor Gateway Park. Kel-Lac Tactical + Outdoor and La Quinta Inn are neighboring businesses. Reported traffic volumes are approximately 67,000 vehicles per day on Hwy 90 and 31,000 along W Military Drive.
Key Highlights
- 2,500 SF building on 0.41 acres
- Approximately 90 feet of frontage along W Military Drive
- C‑3 zoning and existing on‑site utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,466
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,320
$669.3K
Cap Rate 7%
$478,086
$478.1K
Cap Rate 9%
$371,844
$371.8K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$49.8K $19.92/SF
− Vacancy
−$2.0K −$0.80/SF
EGI
$47.8K $19.12/SF
− OpEx
−$14.3K −$5.74/SF
NOI
$33.5K $13.39/SF
Area
San Antonio, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,320
Cap Rate 7%
$478,086
Cap Rate 9%
$371,844
Alternative Uses
Best Use
Retail
$478.1K
$418.3K – $557.8K
NOI $33,466 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$637.7K
$558.0K – $744.0K
NOI $44,640 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,143
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78227, TX
46,594
Population
16,008
Households
2.9
Avg Household Size
33
Median Age
10%
College-Educated
77%
High-School Grad
19.1 sq mi
ZIP Area
2,439
Density / Sq Mi
$48,049
Median Household Income
$28,857
Median Earnings
$1,112
Median Rent
$151,300
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 Retail in San Antonio, TX
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Frequently Asked Questions
What type of property is this?
Storefront property - C-3-zoned commercial property with on-site utilities at a signalized intersection.
Where is this storefront property located?
The property is located at 6515 W Military Drive San Antonio, TX.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 2,500 SF building on 0.41 acres; Approximately 90 feet of frontage along W Military Drive; C‑3 zoning and existing on‑site utilities
