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Retail Building on San Pedro
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600 San Pedro Ave, San Antonio, TX 78212

5,326 SF retail building near Midtown and Downtown San Antonio.

Property Size5,326 SF
Lot Size0.25 Acres
Price / SF$178.37
Days on Market785

Property Features for 600 San Pedro Ave

General Information

Standard status Active
Size 5,326 SF
Lot size 0.25 Acres
Property subtype Land, Retail
Zoning C-3

Building Details

Buildings 1
Stories 1
Units 1
Listing Agency: Valcor Commercial Real Estate
Listed By: Gary Stephens · License #TX
Source: Crexi
Added: Aug 22, 2024 Changed: Oct 15 Last Checked: Oct 14 at 9:25PM

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 Valcor Commercial Real Estate

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Investment Insights

Based on property information with market context.

The property at 600 San Pedro Ave is a 5,326 SF standalone retail building situated on 0.251 acres. Located near Midtown and downtown San Antonio, the property is positioned close to IH-10, IH-35, and Fredericksburg Rd. The building features an open floor plan and offers an optional additional parking. This property is suitable for retail ventures.

Key Highlights

  • Prime location on San Pedro Ave, near Midtown and downtown San Antonio.
  • 5,326 SF standalone retail building.
  • Convenient access to IH‑10, IH‑35, and Fredericksburg Rd.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,295
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,425,900 $1.4M
Cap Rate 7%
$1,018,500 $1.0M
Cap Rate 9%
$792,167 $792.2K
Market Conditions
NOI Build-Up for 5,326 SF
Gross rent
$106.1K $19.92/SF
− Vacancy
−$4.2K −$0.80/SF
EGI
$101.9K $19.12/SF
− OpEx
−$30.6K −$5.74/SF
NOI
$71.3K $13.39/SF
Area
San Antonio, TX
Vacancy
4.00%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,425,900
Cap Rate 7%
$1,018,500
Cap Rate 9%
$792,167

Alternative Uses

Best Use
Retail
$1.02M
$891.2K – $1.19M (±1% cap)
NOI $71,295 @ 7.0% cap · market cap 7.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M (±1% cap)
NOI $95,100 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service Pet Store & Service (Bike/Boat/Book/etc) Store Butcher Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,468
Businesses Nearby

Demographics for 78212, TX

26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in San Antonio, TX

6.9% 2019
7.6% 2020
6.7% 2021
5.3% 2022
5.3% 2023
5.9% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - 5,326 SF retail building near Midtown and Downtown San Antonio.
Where is this retail space located?
The property is located at 600 San Pedro Ave San Antonio, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Prime location on San Pedro Ave, near Midtown and downtown San Antonio.; 5,326 SF standalone retail building.; Convenient access to IH‑10, IH‑35, and Fredericksburg Rd.
(210) 824-4242 Call to check price and availability
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