Commercial Land with
New
For Sale
$349,000
8843 S PanAm Expy, San Antonio, TX 78211
The site combines interstate frontage with an existing building, detached garage, and additional storage structures.
Property Size1,960 SF
Days on Market2
Property Features for 8843 S PanAm Expy
General Information
Standard status
Active
Size
1,960 SF
Property subtype
Retail
Building Details
Building Size
1,960 SF
Year Built
1981
Listing Agency:
eXp Commercial - TX
Listed By:
Drew Whelchel · License #TX #775947-SA
(970) 402-1872
Source:
7s
Added: Oct 7
Last Checked: Oct 7 at 2:36PM
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 eXp Commercial - TX
Investment Insights
Based on property information with market context.
This commercial land parcel contains 0.96 acres and has 143+ feet of frontage along the south side of IH-35. Improvements include a 1,960-square-foot freestanding building constructed in 1981, a detached garage, and additional storage buildings. The property is zoned C-3R and I-1.
The site is near the Somerset Road interchange, with access to Loop 410, Toyota, and JBSA-Lackland.
The site is near the Somerset Road interchange, with access to Loop 410, Toyota, and JBSA-Lackland.
Key Highlights
- 0.96‑acre commercial land parcel
- 143+ feet of frontage along IH‑35 South
- 1,960‑square‑foot freestanding building, built in 1981
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,237
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,740
$524.7K
Cap Rate 7%
$374,814
$374.8K
Cap Rate 9%
$291,522
$291.5K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$39.0K $19.92/SF
− Vacancy
−$1.6K −$0.80/SF
EGI
$37.5K $19.12/SF
− OpEx
−$11.2K −$5.74/SF
NOI
$26.2K $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%
$524,740
Cap Rate 7%
$374,814
Cap Rate 9%
$291,522
Alternative Uses
Best Use
Retail
$374.8K
$328.0K – $437.3K
NOI $26,237 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$500.0K
$437.5K – $583.3K
NOI $34,997 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
Demographics for 78211, TX
29,976
Population
10,516
Households
2.9
Avg Household Size
35
Median Age
7%
College-Educated
63%
High-School Grad
10.2 sq mi
ZIP Area
2,939
Density / Sq Mi
$54,279
Median Household Income
$30,109
Median Earnings
$1,047
Median Rent
$110,200
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?
Commercial land - The site combines interstate frontage with an existing building, detached garage, and additional storage structures.
Where is this commercial land located?
The property is located at 8843 S PanAm Expy San Antonio, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 0.96‑acre commercial land parcel; 143+ feet of frontage along IH‑35 South; 1,960‑square‑foot freestanding building, built in 1981
