Retail Space on Highland
519 E Highland Blvd San Antonio, TX 78210
519 E Highland Blvd, San Antonio, TX, 78210
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For Sale
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4,006 SF retail space on 1.68 acre lot.
Property Size4,006 SF
Lot Size1.68 Acres
Price / SF$299.55
Days on Market758
Property Features for 519 E Highland Blvd
General Information
- Standard status
- Active
- Size
- 4,006 SF
- Lot size
- 1.68 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing Agency
eXp Commercial
(210) 818-2945
Listed by
Matthew Giang · License #770491
Source
Crexi
Added: Jun 21, 2024 Checked: Jul 17 at 4:55 am
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
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.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.1k | $21.00 |
| − Vacancy | −$2.9k | −$0.74 |
| EGI | $81.2k | $20.27 |
| − OpEx | −$20.3k | −$5.07 |
| NOI | $60.9k | $15.20 |
4,006 SF · lease $21.00/SF/yr · vacancy 3.50% · expense 25.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chase Mortgage
Loan Service
Similar For Sale Nearby
FAQs
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.
