Updated Office
For Sale
Contact for pricing
916 Toepperwein Rd, Converse, TX 78109
Flexible office layout includes a lobby, kitchen, full-size bathrooms with showers, and interior and exterior storage.
Property Size2,114 SF
Price / SF$1.09
Days on Market81
Property Features for 916 Toepperwein Rd
General Information
Standard status
Active
Size
2,114 SF
Amenities
welcoming lobby
full-service kitchen
full-size bathrooms with showers
abundant storage
outdoor sitting area with city views
Building Details
Year Built
1967
Listing Agency:
1st Choice Realty Group
Listed By:
Nellie De La Cruz
(210) 744-0101
Source:
Shebaramos
Added: Jul 29
Changed: Oct 6
Last Checked: Oct 7 at 5:36PM
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 1st Choice Realty Group
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Investment Insights
Based on property information with market context.
This updated office building provides a practical configuration for professional use, with a welcoming reception lobby, three private offices, and additional individual office areas. A full-service kitchen supports daily operations, while full-size bathrooms with showers add functional convenience. Interior and exterior storage areas expand the usable space beyond the primary offices.
The property also includes an outdoor sitting area with city views and ample on-site parking. Built in 1967 and zoned B-3 COMMERCIAL, the building offers a combination of office accommodations and supporting features for businesses requiring private rooms, shared areas, storage, and visitor access.
The property also includes an outdoor sitting area with city views and ample on-site parking. Built in 1967 and zoned B-3 COMMERCIAL, the building offers a combination of office accommodations and supporting features for businesses requiring private rooms, shared areas, storage, and visitor access.
Key Highlights
- Three private offices plus additional individual office areas
- Lobby, full‑service kitchen, and full‑size bathrooms with showers
- Interior and exterior storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,057
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,140
$681.1K
Cap Rate 7%
$486,529
$486.5K
Cap Rate 9%
$378,411
$378.4K
Market Conditions
NOI Build-Up for 2,114 SF
Gross rent
$50.7K $24.00/SF
− Vacancy
−$5.3K −$2.52/SF
EGI
$45.4K $21.48/SF
− OpEx
−$11.4K −$5.37/SF
NOI
$34.1K $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%
$681,140
Cap Rate 7%
$486,529
Cap Rate 9%
$378,411
Alternative Uses
Best Use
Office B
$486.5K
$425.7K – $567.6K
NOI $34,057 @ 7.0% cap · market cap 1,480.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$572.2K
$500.7K – $667.5K
NOI $40,052 @ 7.0% cap · market cap 1,741.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
Explore this area
Business Placement
Demographics for 78109, TX
52,093
Population
19,279
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
92%
High-School Grad
27.8 sq mi
ZIP Area
1,874
Density / Sq Mi
$87,635
Median Household Income
$44,182
Median Earnings
$1,645
Median Rent
$241,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Flexible office layout includes a lobby, kitchen, full-size bathrooms with showers, and interior and exterior storage.
Where is this office building located?
The property is located at 916 Toepperwein Rd Converse, TX.
What are key features of this property?
This property features: Three private offices plus additional individual office areas; Lobby, full‑service kitchen, and full‑size bathrooms with showers; Interior and exterior storage areas
