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Accessible Office Building Near Downtown

937 Culebra Rd San Antonio TX USA San Antonio, TX 78201

937 Culebra Rd San Antonio TX USA, San Antonio, TX, 78201
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For Sale
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Office building with exterior access and proximity to IH-10.

Property Size1,072 SF
Lot Size0.18 Acres
Price / SF$247.20
Days on Market198

Property Features for 937 Culebra Rd San Antonio TX USA

General Information

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

Building Details

Year Built
1939
Listing Agency Phyllis Browning Commercial
Listed by Sarah Olivares · License #726158
Source Crexi
Added: Dec 31, 2025 Checked: Jul 16 at 12:46 pm

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 Commercial


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.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.7k $22.08
− Vacancy −$4.2k −$3.91
EGI $19.5k $18.17
− OpEx −$4.9k −$4.54
NOI $14.6k $13.63
1,072 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%

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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Falcon Insurance Services ... Insurance Agency

Suggested Use

Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Acupuncture Tech Support Center Garden Center (Bike/Boat/Book/etc) Store Travel Agency Carpet & Flooring Store

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

FAQs

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 USA 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.
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