2623 Commercial Ave, San Antonio, TX 78221
Two-story office near Zachry Group HQ with highway access.
- Added:
- Nov 18, 2024
- Days on Market:
- 570
- Last Refresh:
- May 12 at 10:42 pm
Property Features for 2623 Commercial Ave
General Information
- Standard status
- Active
- Size
- 2,645 SF
- Property subtype
- Office
Building Details
- Year Built
- 1986
Listing agent Kevin P. Williams License #TX
Listing office NAI Excel
Listing date Nov 18, 2024
Source Crexi
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 NAI Excel
HighLights
- Prime location near Zachry Group Headquarters in South San Antonio.
- Enjoy quick access to I‑35, I‑10, I‑37, and Loop 410.
- Close proximity to major destinations: Boeing Center at Tech Point, City Base Landing, and Bexar County Courthouse.
- Two‑story office building.
- Built in 1986.
- Access property and company websites for more information.
Overview
Local Financial Insights For Office B
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 | $58.4k | $22.08 |
| − Vacancy | −$10.3k | −$3.91 |
| EGI | $48.1k | $18.17 |
| − OpEx | −$12.0k | −$4.54 |
| NOI | $36.0k | $13.63 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Comal
- State
- Texas
- Longitude
- -98.5165747
- Latitude
- 29.3508497
