Upper-Floor Office
For Sale
$2,000,000
7th-425 Soledad St, San Antonio, TX 78205
Unfinished condominium office space offers a flexible starting point for a custom interior build-out in a downtown setting.
Property Size8,609 SF
Price / SF$232.32
Days on Market439
Property Features for 7th-425 Soledad St
General Information
Standard status
Active
Size
8,609 SF
Elevators
Yes
Space & Availability
Floor
7
Furnished
No
Taxes and HOA fees
Annual Taxes
$38,053
Listing Agency:
Dolce Vita Realty
(305) 495-5593
Listed By:
Olga Arriaga · License #801067410
(956) 827-5025
Source:
Exprealty
Added: Aug 8, 2025
Changed: Oct 6
Last Checked: Oct 19 at 10:27AM
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 Dolce Vita Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 8,609-square-foot office condominium occupies the seventh floor of Falcon Bank Condominium and is delivered as a shell, allowing the interior to be configured through a future build-out. The property is positioned for office or business use and has elevator service within the building.
The condominium is located in downtown San Antonio near law firms, technology companies, and other downtown amenities. No deeded parking conveys with the unit. Available documents include condominium rules, declaration amendments, and easement agreements; buyers should independently confirm the square footage, legal description, HOA information, parking options, and suitability for the intended use. No survey or floor plan is included.
The condominium is located in downtown San Antonio near law firms, technology companies, and other downtown amenities. No deeded parking conveys with the unit. Available documents include condominium rules, declaration amendments, and easement agreements; buyers should independently confirm the square footage, legal description, HOA information, parking options, and suitability for the intended use. No survey or floor plan is included.
Key Highlights
- 8,609 SF shell office condominium
- Seventh‑floor location within Falcon Bank Condominium
- Elevator access serves the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,331
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,346,620
$2.3M
Cap Rate 7%
$1,676,157
$1.7M
Cap Rate 9%
$1,303,678
$1.3M
Market Conditions
NOI Build-Up for 8,609 SF
Gross rent
$190.1K $22.08/SF
− Vacancy
−$33.6K −$3.91/SF
EGI
$156.4K $18.17/SF
− OpEx
−$39.1K −$4.54/SF
NOI
$117.3K $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 Rate 5%
$2,346,620
Cap Rate 7%
$1,676,157
Cap Rate 9%
$1,303,678
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,331 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.20M
$1.92M – $2.56M
NOI $153,721 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,097
Businesses Nearby
Explore this area
Business Placement
Demographics for 78205, TX
2,339
Population
1,755
Households
1.3
Avg Household Size
43
Median Age
44%
College-Educated
84%
High-School Grad
1.2 sq mi
ZIP Area
1,949
Density / Sq Mi
$34,631
Median Household Income
$43,382
Median Earnings
$1,265
Median Rent
$470,200
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office unit - Unfinished condominium office space offers a flexible starting point for a custom interior build-out in a downtown setting.
Where is this office unit located?
The property is located at 7th-425 Soledad St San Antonio, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 8,609 SF shell office condominium; Seventh‑floor location within Falcon Bank Condominium; Elevator access serves the building
