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    335 Sonterra Blvd San Antonio, TX 78258

    Sponsored
    For Lease
    $19 SF/Yr

    Prime San Antonio Office Space. Multiple Tenancy Available.

    Lot size:
    30,556 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    402
    This exceptional Class A office building, located at 335 E Sonterra Blvd in San Antonio, Texas, 78258, offers 30,556 square feet of versatile space ideal for both medical and traditional office uses. Built in 2007, this two-story building sits on a 2.13-acre lot and features a single building with elevator access. The zoning is C-2, C-3. The property boasts ample parking, with a 5:1,000 SF ratio. Currently occupied, the space will be available in late 2024, with potential for earlier availability. The first floor offers approximately 4,100 square feet, previously a Med-Spa suite, and is turnkey with high-end finishes. The second floor comprises approximately 13,361 square feet, previously a general office suite, and features a flexible open floor plan, private offices with windows, and a conveniently located conference room near the reception area. The building includes a ground floor lobby with elevator access and a wide stairwell to the second floor. Drone footage and a 360° panoramic view are available online. This property presents a unique opportunity for businesses seeking a prestigious and well-appointed office space in the desirable Stone Oak area.

    Property Features for 335 Sonterra Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,556 SF
    Class
    A
    Total Rate
    48380.33

    Building Details

    Year Built
    2007
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Second Floor space
    Size
    3,361 SF
    Rate per SF
    $24
    Space
    First Floor Space
    Size
    4,100 SF
    Rate per SF
    $24

    We can help!

    Listing Contact
    Matthew Baylor
    Matthew Baylor

    Learn more

    Property Insight Report

    HighLights

    • Class A, 30,556 SF two‑story office building in San Antonio's Stone Oak area.
    • First‑floor, 4,100 SF, turnkey medical office space (previously a Med‑Spa).
    • Second‑floor, 13,361 SF, flexible open office space with private offices and conference room.
    • Ample parking (5/1,000 SF).
    • Convenient access to Hwy 281 & Loop 1604.
    • Excellent location near Methodist and Baptist Hospitals, with strong medical office building (MOB) tenant synergy, including CPL Labs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Clinical Pathology Laboratories ... Laboratory BMI of Texas Stone ... Bariatric Surgeon Dr. Kurt Riewe Dentist Sono Bello San ... Plastic Surgery Clinic Seger | MD Weight Loss Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Comal
    State
    Texas
    Longitude
    -98.4893057
    Latitude
    29.616885

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    FAQs

    What type of property is this?
    Medical office - Prime San Antonio Office Space. Multiple Tenancy Available.
    Where is this medical office located?
    The property is located at 335 Sonterra Blvd San Antonio, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Class A, 30,556 SF two-story office building in San Antonio's Stone Oak area.; First-floor, 4,100 SF, turnkey medical office space (previously a Med-Spa).; Second-floor, 13,361 SF, flexible open office space with private offices and conference room.
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    San Antonio, TX 78258
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    335 Sonterra Blvd San Antonio, TX 78258
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    We can help!
    Listing Contact
    Matthew Baylor
    Matthew Baylor
    Real Estate License ID: TX 510347
    Learn more
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