Retail Space on Highland
For Sale
Contact for pricing
519 E Highland Blvd, San Antonio, TX 78210
4,006 SF retail space on 1.68 acre lot.
Property Size4,006 SF
Lot Size1.68 Acres
Price / SF$299.55
Days on Market849
Property Features for 519 E Highland Blvd
General Information
Standard status
Active
Size
4,006 SF
Lot size
1.68 Acres
Property subtype
Retail
Zoning
C-2
Building Details
Year Built
1965
Listing Agency:
eXp Commercial
Listed By:
Matthew Giang · License #770491
(210) 818-2945
Source:
Crexi
Added: Jun 21, 2024
Changed: Oct 10
Last Checked: Oct 16 at 6:15AM
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
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Investment Insights
Based on property information with market context.
This 4,006 SF retail space is available for sale or lease. Situated on a 1.68-acre lot, the property formerly served as a bank building and is well-maintained. It offers potential for various uses, expansion, and redevelopment. A large parking lot is available. The property is centrally located, approximately 3 miles from downtown San Antonio, with convenient access to major highways. Surrounded by residential homes, it presents an opportunity for retail, law office, medical, utility company, QSR, or general office space. The property is suitable for investment.
Key Highlights
- Centrally located retail space, just 3 miles from downtown San Antonio.
- Large 1.68 acre lot with redevelopment potential and room to expand parking.
- Well‑maintained former bank building suitable for retail, office, medical, and more.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,886
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,217,720
$1.2M
Cap Rate 7%
$869,800
$869.8K
Cap Rate 9%
$676,511
$676.5K
Market Conditions
NOI Build-Up for 4,006 SF
Gross rent
$84.1K $21.00/SF
− Vacancy
−$2.9K −$0.74/SF
EGI
$81.2K $20.27/SF
− OpEx
−$20.3K −$5.07/SF
NOI
$60.9K $15.20/SF
Area
San Antonio, TX
Vacancy
3.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,217,720
Cap Rate 7%
$869,800
Cap Rate 9%
$676,511
Alternative Uses
Best Use
Specialty Retail
$869.8K
$761.1K – $1.01M
NOI $60,886 @ 7.0% cap · market cap 5.07%
Second Best
Office B
$780.0K
$682.5K – $910.0K
NOI $54,597 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.02M
$894.1K – $1.19M
NOI $71,530 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Explore this area
Business Placement
Demographics for 78210, TX
33,010
Population
14,410
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
4,522
Density / Sq Mi
$51,990
Median Household Income
$33,271
Median Earnings
$1,119
Median Rent
$172,700
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 Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Bank - 4,006 SF retail space on 1.68 acre lot.
Where is this bank located?
The property is located at 519 E Highland Blvd San Antonio, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Centrally located retail space, just 3 miles from downtown San Antonio.; Large 1.68 acre lot with redevelopment potential and room to expand parking.; Well‑maintained former bank building suitable for retail, office, medical, and more.
