Industrial Flex Property with
New
For Sale
Contact for pricing
662 N WW WHITE RD, San Antonio, TX 78219
Fenced, gated grounds and multiple access points support industrial operations, deliveries, and equipment storage.
Property Size6,000 SF
Lot Size2.00 Acres
Price / SF$266.05
Days on Market7
Property Features for 662 N WW WHITE RD
General Information
Standard status
Active
Size
6,000 SF
Class
C
Total Parking Spaces
300
Lot size
2.00 Acres
Property subtype
Industrial
Zoning
I-1
Occupancy
100%
Lease Type
Gross
Investment Type
Owner/User
Net Operating Income
$102,000
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1960
Year Renovated
1990
Buildings
3
Stories
1
Units
1
Tenancy
Single
Building Size
6,000 SF
Abandoned
No
Listing Agency:
Coldwell Banker Commercial - Alamo City
Listed By:
Matthew Driffill · License #787578
Source:
Crexi
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 10 at 1:08PM
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 Coldwell Banker Commercial - Alamo City
Investment Insights
Based on property information with market context.
This industrial flex property includes a maintained warehouse with office areas, tool rooms, and high-bay outdoor storage. The improved yard is fenced and gated, with multiple access points that can accommodate separate inbound and outbound movement. I-1 zoning supports the property’s industrial positioning.
Located at 662 N WW White Rd in San Antonio, the site is near industrial users and distributors. Reported vehicle counts within one mile include 21,082 on WW White, 87,706 on Loop 410, 94,828 on I-10/90, and 129,108 on I-35. The building dates to 1960 and includes an outdoor yard suitable for heavy equipment storage.
Located at 662 N WW White Rd in San Antonio, the site is near industrial users and distributors. Reported vehicle counts within one mile include 21,082 on WW White, 87,706 on Loop 410, 94,828 on I-10/90, and 129,108 on I-35. The building dates to 1960 and includes an outdoor yard suitable for heavy equipment storage.
Key Highlights
- Improved, fenced, and gated yard for heavy equipment storage
- Warehouse includes offices, tool rooms, and high‑bay outdoor storage
- Multiple access points support delivery flow and truck or trailer movement
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
$76,840
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
5.12%
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%
$1,536,800
$1.5M
Cap Rate 7%
$1,097,714
$1.1M
Cap Rate 9%
$853,778
$853.8K
Market Conditions
NOI Build-Up for 5,638 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
$124.5K $22.08/SF
− Vacancy
−$22.0K −$3.91/SF
EGI
$102.5K $18.17/SF
− OpEx
−$25.6K −$4.54/SF
NOI
$76.8K $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 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%
$1,536,800
Cap Rate 7%
$1,097,714
Cap Rate 9%
$853,778
Alternative Uses
Best Use
Office B
$1.10M
$960.5K – $1.28M
NOI $76,840 @ 7.0% cap · market cap 5.12%
Second Best
Warehouse
$559.5K
$489.5K – $652.7K
NOI $39,163 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,671 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78219, TX
16,509
Population
6,303
Households
2.6
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
15.7 sq mi
ZIP Area
1,052
Density / Sq Mi
$52,147
Median Household Income
$31,608
Median Earnings
$1,128
Median Rent
$155,200
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
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Frequently Asked Questions
What type of property is this?
Flex space - Fenced, gated grounds and multiple access points support industrial operations, deliveries, and equipment storage.
Where is this flex space located?
The property is located at 662 N WW WHITE RD San Antonio, TX.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Improved, fenced, and gated yard for heavy equipment storage; Warehouse includes offices, tool rooms, and high‑bay outdoor storage; Multiple access points support delivery flow and truck or trailer movement
