Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7461 Callaghan Rd San Antonio, TX 78229

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Multi-Tenant Office Building, San Antonio, TX

    Property size:
    57,912 SF

    Property Features for 7461 Callaghan Rd

    General Information

    Property type
    Office properties & Spaces
    Square Feet
    57,912 SF
    Class
    B
    Lot Size
    103,237 SF

    Building Details

    Year Built
    1983
    Stories
    7

    We can help!

    Listing Contact
    C. Michael Morse

    Listing Agency: REOC San Antonio Listing Agent: C. Michael Morse

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional seven-story Class B office building, located at 7461 Callaghan Rd in San Antonio, Texas, offers 57,912 square feet of versatile space. Currently boasting 47.53% occupancy, this multi-tenant property presents a significant investment opportunity. Built in 1983, the building sits on a 2.37-acre lot and is zoned C-3, allowing for a variety of commercial uses. The property features ample parking, providing 5.36 spaces per 1,000 square feet, including covered parking in a structured parking facility. Access is convenient via Callaghan Rd and Mockingbird Lane, with quick access to IH-10 and Loop 410. Tenants leasing three or more floors have the opportunity to utilize building signage. The property is available for sale or lease and presents the potential for aggressive market rates. This well-located building offers a strong foundation for growth and profitability in the thriving San Antonio market. The property's size, location, and amenities make it an attractive option for both investors and tenants seeking a prime location in Bexar County, Texas, zip code 78229.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stars Private Investigations Law Firm Saenz Counseling Counselor Police Department - Doculon ... Police Department M&M Contracts General Contractor New Life Hospice Home Health Care Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Dental Office Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.5597838
    Latitude
    29.5043181

    Nearby Similar for Sale

    • New
      $724,990
      3,550 SF

      Modern Duplex Near Alamodome

      Three-story duplex in Denver Heights, suitable for various uses.
      125 Dashiell St, San Antonio, TX 78203
      View Details
    • New
      $415,000
      2,648 SF

      San Antonio Duplex Investment Opportunity

      Turnkey duplex in gated community, ideal for investors.
      6642 Mia Way, San Antonio, TX 78233
      View Details
    • New
      $1,200,000
      2,640 SF

      San Antonio Commercial Car Wash

      Car wash ready for new owner or redevelopment opportunity.
      7850 Callaghan Rd, San Antonio, TX 78229
      View Details
    • New
      $893,000
      3,196 SF

      Reimagined Fourplex Near Downtown

      Fully furnished, renovated fourplex near downtown San Antonio.
      422 Gulf, San Antonio, TX 78202
      View Details
    • New
      $499,000
      2,586 SF

      Alamo Heights Investment Opportunity

      Multi-family property in desirable location with income potential.
      6715 Broadway St, San Antonio, TX 78209
      View Details
    • $760,000
      4,964 SF

      San Antonio Four-Plex Investment Opportunity

      Four-plex near San Antonio's Medical Center with strong income potential.
      5024 Stowers Blvd, San Antonio, TX 78238
      View Details
    • $749,000
      4,491 SF

      New San Antonio Triplex Opportunity

      Newly constructed triplex near downtown San Antonio, ideal for investment.
      726 Arthur St, San Antonio, TX 78202
      View Details
    • $859,900
      5,000 SF

      San Antonio Fourplex Investment Opportunity

      Cash-producing fourplex in sought-after North-East San Antonio.
      7210 John Palmer Dr, San Antonio, TX 78239
      View Details
    • $612,990
      3,257 SF

      Renovated Duplex in Dignowity Hill

      Renovated duplex with modern finishes in historic Dignowity Hill.
      302 Lamar, San Antonio, TX 78202
      View Details
    • $480,000
      2,599 SF

      San Antonio Multifamily Investment Opportunity

      Multifamily property in San Antonio's growing South Side.
      403 Terrell Ave, San Antonio, TX 78214
      View Details
    • $654,000
      3,854 SF

      San Antonio Fourplex Near Downtown

      Centrally located fourplex with strong rental potential.
      255 Natalen Ave, San Antonio, TX 78209
      View Details
    • $699,000
      8,808 SF

      San Antonio Multifamily Investment Opportunity

      Multi-unit property near Alamodome with high revenue potential.
      412 S Hackberry St, San Antonio, TX 78203
      View Details

    FAQs

    What type of property is this?
    Office property - Multi-Tenant Office Building, San Antonio, TX
    Where is this office property located?
    The property is located at 7461 Callaghan Rd San Antonio, TX.
    What are key features of this property?
    This property features: High market rents.; Building signage available for tenants leasing three or more floors.; Excellent access to IH-10 and Loop 410.
    (210) 524-4000 Call to check price and availability
    Request Owner's contact information
    7461 Callaghan Rd San Antonio, TX 78229
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7461 Callaghan Rd
    San Antonio, TX 78229
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7461 Callaghan Rd San Antonio, TX 78229
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    C. Michael Morse
    (210) 524-4000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!