6920 Gardner Rd San Antonio, TX 78263
For Sale
Contact for pricing
Warehouses
Property Size22,907 SF
Price / SF$87.09
Days on Market928
Property Features for 6920 Gardner Rd
General Information
- Standard status
- Active
- Size
- 22,907 SF
- Property subtype
- Industrial
Listing Agency:
Endura Advisory Group
(210) 366-2222
Listed By:
Walker Petty · License #TX 763807
Source:
Crexi
Added: Jan 8, 2024
Changed: Jul 6
Last Checked: Jul 23 at 3:02PM
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 Endura Advisory Group
Investment Insights
Based on property information with market context.
Key Highlights
- ±22,907 sf warehouse with office and additional land for outside storage.
- Hard corner property lot at Gardner Rd & New Sulpher Springs Rd.
- 3 Phase, 600 Amp Service.
Financial Insights For Warehouse
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 | $206.2k | $9.00 |
| − Vacancy | −$19.0k | −$0.83 |
| EGI | $187.2k | $8.17 |
| − OpEx | −$28.1k | −$1.23 |
| NOI | $159.1k | $6.95 |
22,907 SF · lease $9.00/SF/yr · vacancy 9.20% · expense 15.00%
Alternative Uses
Best Use
Office B
$4.46M
$3.90M – $5.20M
NOI $312,197 @ 7.0% cap · market cap 15.65%
Second Best
Warehouse
$2.27M
$1.99M – $2.65M
NOI $159,117 @ 7.0% cap · market cap 7.98%
Theoretical Best
Office A
$5.84M
$5.11M – $6.82M
NOI $409,023 @ 7.0% cap · market cap 20.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
Where is this warehouse located?
The property is located at 6920 Gardner Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: ±22,907 sf warehouse with office and additional land for outside storage.; Hard corner property lot at Gardner Rd & New Sulpher Springs Rd.; 3 Phase, 600 Amp Service.
