For Sale
Contact for pricing
6920 Gardner Rd, San Antonio, TX 78263
Warehouses
Property Size22,907 SF
Price / SF$82.73
Days on Market1018
Property Features for 6920 Gardner Rd
General Information
Standard status
Active
Size
22,907 SF
Property subtype
Industrial
Zoning
OCL (outside city limits)
Lease Type
NNN
Building Details
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Endura Advisory Group
Listed By:
Walker Petty · License #TX 763807
(210) 275-2812
Source:
Crexi
Added: Jan 8, 2024
Changed: Oct 14
Last Checked: Oct 20 at 7:57PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$159,117
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,182,340
$3.2M
Cap Rate 7%
$2,273,100
$2.3M
Cap Rate 9%
$1,767,967
$1.8M
Market Conditions
NOI Build-Up for 22,907 SF
Gross rent
$206.2K $9.00/SF
− Vacancy
−$19.0K −$0.83/SF
EGI
$187.2K $8.17/SF
− OpEx
−$28.1K −$1.23/SF
NOI
$159.1K $6.95/SF
Area
San Antonio, TX
Vacancy
9.20%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,182,340
Cap Rate 7%
$2,273,100
Cap Rate 9%
$1,767,967
Alternative Uses
Best Use
Office B
$4.46M
$3.90M – $5.20M
NOI $312,197 @ 7.0% cap · market cap 16.47%
Second Best
Warehouse
$2.27M
$1.99M – $2.65M
NOI $159,117 @ 7.0% cap · market cap 8.40%
Theoretical Best
Office A
$5.84M
$5.11M – $6.82M
NOI $409,023 @ 7.0% cap · market cap 21.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78263, TX
4,995
Population
1,630
Households
3.1
Avg Household Size
47
Median Age
29%
College-Educated
87%
High-School Grad
38.2 sq mi
ZIP Area
131
Density / Sq Mi
$81,793
Median Household Income
$44,676
Median Earnings
$1,142
Median Rent
$312,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in San Antonio, TX
Frequently Asked Questions
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 $1,895,000.
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.
