Office Building with Exterior-Access
937 Culebra, San Antonio, TX 78201
For Sale
$265,000
Four offices can function as separate suites, with storage space and convenient access to IH-10.
Property Size1,072 SF
Lot Size0.18 Acres
Price / SF$247.20
Days on Market312
Property Features for 937 Culebra
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Additional Details
Property Use
Building Details
Building Size
Year Built
Buildings
Units
Listing Agency:
Phyllis Browning Company
(210) 408-2500
Listed By:
Sarah Olivares · License #726158
(210) 824-7878
Source:
Dowdyrealestate
Added: Dec 31, 2025
Changed: Nov 7
Last Checked: Nov 7 at 9:26AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1939, this office property contains four offices, each with its own exterior access. The layout allows the offices to be configured as separate suites, and the building includes substantial storage space on a 0.18-acre lot.
The property is located a quarter mile from IH-10 and less than 10 minutes from downtown San Antonio.
The property is located a quarter mile from IH-10 and less than 10 minutes from downtown San Antonio.
Key Highlights
- Four offices, each with exterior access
- 0.18‑acre lot
- A quarter mile from IH‑10
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
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
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
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
868
Businesses Nearby
Explore this area
Business Placement
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
$187,400
Median Home Value
Market
Average Price Trend$/SF for Office buildings in San Antonio, TX
Properties on Market for Office buildings in San Antonio
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
What type of property is this?
Office building - Four offices can function as separate suites, with storage space and convenient access to IH-10.
Where is this office building located?
The property is located at 937 Culebra 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: Four offices, each with exterior access; 0.18‑acre lot; A quarter mile from IH‑10
