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Accessible Office Building Near Downtown
For Sale
$265,000

937 Culebra Rd, San Antonio, TX 78201

Office building with exterior access and proximity to IH-10.

Property Size1,072 SF
Lot Size0.18 Acres
Price / SF$247.20
Days on Market287

Property Features for 937 Culebra Rd

General Information

Standard status Active
Size 1,072 SF
Lot size 0.18 Acres

Taxes and HOA fees

Annual Taxes $2.00
Listing Agency: Phyllis Browning Company
Listed By: Sarah Olivares · License #726158
Source: Exprealty
Added: Dec 31, 2025 Changed: Oct 3 Last Checked: Oct 13 at 2:15AM

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 Phyllis Browning Company

Investment Insights

Based on property information with market context.

This office building is situated on a 0.18-acre lot and offers storage space and functionality. The property contains 4 offices, all with exterior access, providing the option for separate suites. Located a quarter mile from IH-10, the building provides accessibility for clients and employees. The location is less than 10 minutes from downtown.

Key Highlights

  • Excellent location: Just a quarter mile from IH‑10 and less than 10 minutes from downtown.
  • Substantial storage space.
  • Four offices with exterior access, allowing for separate suites.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,610
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,200 $292.2K
Cap Rate 7%
$208,714 $208.7K
Cap Rate 9%
$162,333 $162.3K
Market Conditions
NOI Build-Up for 1,072 SF
Gross rent
$23.7K $22.08/SF
− Vacancy
−$4.2K −$3.91/SF
EGI
$19.5K $18.17/SF
− OpEx
−$4.9K −$4.54/SF
NOI
$14.6K $13.63/SF
Area
San Antonio, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,200
Cap Rate 7%
$208,714
Cap Rate 9%
$162,333

Alternative Uses

Best Use
Office B
$208.7K
$182.6K – $243.5K (±1% cap)
NOI $14,610 @ 7.0% cap · market cap 5.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$273.4K
$239.3K – $319.0K (±1% cap)
NOI $19,141 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Falcon Insurance Services ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Acupuncture Garden Center

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

782
Businesses Nearby

Demographics for 78201, TX

42,005
Population
18,661
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
5,916
Density / Sq Mi
$46,129
Median Household Income
$30,517
Median Earnings
$1,033
Median Rent
$187,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in San Antonio, TX

13.5% 2019
13.4% 2021
15.7% 2022
17.3% 2023
16.5% 2024
16% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building with exterior access and proximity to IH-10.
Where is this office building located?
The property is located at 937 Culebra Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Excellent location: Just a quarter mile from IH‑10 and less than 10 minutes from downtown.; Substantial storage space.; Four offices with exterior access, allowing for separate suites.
More about this property
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