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Four-Building Mixed-Use Property

926 S Laredo, San Antonio, TX 78204

For Sale
New
$695,000

Multi-Family (2-8 Units), San Antonio, TX

Property Size4,672 SF
Lot Size0.21 Acres
Price / SF$148.76
Days on Market3

Property Features for 926 S Laredo

General Information

Property type Residential Multi Family
Property subtype Other
Zoning C-3NA
Elementary school Bonham
High school Brackenridge
Elementary school district San Antonio I.S.D.
Middle school district San Antonio I.S.D.
High school district San Antonio I.S.D.
Subdivision 1100
Standard status Active
APN 009210000101
Size 4,672 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 8694

Amenities

private drive
water-view rear grounds

Building Details

Year built 1942
Buildings 4
Listing Agency: IH 10 Realty · EXIT Realty
Listed By: Claire Kim
Added: Nov 11 Last Checked: Nov 13 at 1:06AM
MLS# 1959481

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property comprises 3 parcels and 4 buildings, with a combined building area of 4,672 square feet on 0.211 acres. Built in 1942, the site includes a private drive, parking and rear grounds with a water view. C-3NA zoning applies.

The property is in downtown San Antonio at 926 S Laredo, along San Pedro Creek / Culture Park. The address is in Bexar County, ZIP code 78204.

Key Highlights

  • Four buildings across 3 parcels
  • 4,672 square feet of building area on 0.211 acres
  • C‑3NA zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,918
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,198,360 $1.2M
Cap Rate 7%
$855,971 $856.0K
Cap Rate 9%
$665,756 $665.8K
Market Conditions
NOI Build-Up for 4,672 SF
Gross rent
$106.5K $22.80/SF
− Vacancy
−$10.7K −$2.28/SF
EGI
$95.9K $20.52/SF
− OpEx
−$36.0K −$7.70/SF
NOI
$59.9K $12.83/SF
Area
San Antonio, TX
Vacancy
10.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,198,360
Cap Rate 7%
$855,971
Cap Rate 9%
$665,756

Alternative Uses

Best Use
Mixed Use
$856.0K
$749.0K – $998.6K (±1% cap)
NOI $59,918 @ 7.0% cap · market cap 8.62%
Second Best
Apartment 5plus
$681.8K
$596.6K – $795.4K (±1% cap)
NOI $47,724 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,422 @ 7.0% cap · market cap 12.00%
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

Mixed-use properties

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Garden Center Mobile Phone Store Arcade & Gaming Center Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

2,232
Businesses Nearby

Demographics for 78204, TX

11,298
Population
6,210
Households
1.8
Avg Household Size
39
Median Age
27%
College-Educated
78%
High-School Grad
2.7 sq mi
ZIP Area
4,184
Density / Sq Mi
$54,667
Median Household Income
$35,107
Median Earnings
$1,516
Median Rent
$142,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Mixed-use properties in San Antonio

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A private drive, parking and rear grounds with a water view serve the property.
Where is this mixed-use property located?
The property is located at 926 S Laredo San Antonio, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Four buildings across 3 parcels; 4,672 square feet of building area on 0.211 acres; C‑3NA zoning
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