9002 WESTERN VW, Helotes, TX 78023

Building Details

Year Built 2004 More

Buildings 1 More

Building Size 4,941 SF More

Listing Agency: All City San Antonio Registered Series m***@gmail.com Show Phone

Listed By: Patrick Vallejo · License #663331 Show Phone

Source: Pioneerrealtypartners

Added: Aug 8 Changed: Nov 8 Last Checked: Nov 8 at 6:57AM

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 4,941-square-foot office building, completed in 2004, occupies a 3.31-acre site in Helotes. The property provides a practical office configuration with on-site parking and is suited to both owner-user occupancy and investment ownership. C-3 NA zoning supports its established commercial setting.

Located at 9002 Western View in the Northwest Business Park, the building offers access to Loop 1604, Bandera Road, and IH-10. Its position in the Northwest San Antonio and Helotes market places the office within a developed business environment while retaining a substantial land component for the asset type.

Key Highlights

• 4,941 SF office building on a 3.31‑acre site
• Built in 2004
• C‑3 NA zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$79,600

Cap Rate

5.49%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,592,000 $1.6M

Cap Rate 7%

$1,137,143 $1.1M

Cap Rate 9%

$884,444 $884.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,941 SF

Gross rent

$118.6K $24.00/SF

− Vacancy

−$12.5K −$2.52/SF

EGI

$106.1K $21.48/SF

− OpEx

−$26.5K −$5.37/SF

NOI

$79.6K $16.11/SF

Area

Bexar County, TX

Vacancy

10.50%

Lease Rate

$24.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,592,000

Cap Rate 7%

$1,137,143

Cap Rate 9%

$884,444

Alternative Uses

Best Use

Office B

$1.14M

$995.0K – $1.33M (±1% cap)

NOI $79,600 @ 7.0% cap · market cap 5.49%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.34M

$1.17M – $1.56M (±1% cap)

NOI $93,612 @ 7.0% cap · market cap 6.46%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Auto Parts Store HVAC Service Garden Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

575

Businesses Nearby

Explore this area Business Placement

Demographics for 78023, TX

30,295

Population

10,050

Households

3

Avg Household Size

40

Median Age

56%

College-Educated

97%

High-School Grad

89.8 sq mi

ZIP Area

337

Density / Sq Mi

$129,701

Median Household Income

$60,568

Median Earnings

$1,570

Median Rent

$393,800

Median Home Value

Market

Average Price Trend$/SF for Office buildings in Bexar County, TX

$226 Jul

$264 Aug

$248 Sep

$256 Oct

Properties on Market for Office buildings in Bexar County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Functional office property with on-site parking, C-3 NA zoning, and connectivity to Loop 1604, Bandera Road, and IH-10.

Where is this office building located?

The property is located at 9002 WESTERN VW Helotes, TX.

What is the asking price?

The asking price for this property is $1,450,000.

What are key features of this property?

This property features: 4,941 SF office building on a 3.31‑acre site; Built in 2004; C‑3 NA zoning