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Corner Lot Near Downtown San Antonio

1812 S Presa St San Antonio, TX 78210

1812 S Presa St, San Antonio, TX, 78210
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Corner lot near downtown San Antonio with redevelopment potential.

Property Size5,824 SF
Lot Size0.35 Acres
Price / SF$128.76
AddedOct 15, 2024
Days on Market640
Last RefreshJul 15 at 6:31 pm

Property Features for 1812 S Presa St

General Information

Standard status
Active
Size
5,824 SF
Lot size
0.35 Acres
Property subtype
Special Purpose

Building Details

Year Built
1950

Listing office CENTURY 21 Scott Myers Realtors

Listing date Oct 15, 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 CENTURY 21 Scott Myers Realtors


Investment Insights

Based on property information with market context.

Located minutes south of Downtown San Antonio, this property offers convenient access to Highways I-37, I-10, and I-35. The site features a 5,824 sq. ft. cinder block building situated on a 15,180 sq. ft. lot with ample parking. Positioned on the corner of S Presa and Conrad St, the property is zoned C-3NA NCD-1, making it suitable for a creative owner/user or for warehousing, storage, or retail purposes. The area of S Presa is undergoing gentrification, presenting a unique opportunity to acquire property in a transforming neighborhood. The property is also available for lease to qualified tenants at $6,000 per month plus NNN. The site is a 1/4 - 1/2 acre, level corner lot.

Key Highlights

  • Convenient access to Hwys. I‑37, 1‑10 & 1‑35 and Downtown San Antonio.
  • Versatile C‑3NA NCD‑1 zoning suitable for creative owner/user, warehousing, storage, or retail.
  • Large 5,824 sq. ft. cinder block building on a 15,180 sq. ft. lot with ample parking.

Local 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 $52.4k $9.00
− Vacancy −$4.8k −$0.83
EGI $47.6k $8.17
− OpEx −$7.1k −$1.23
NOI $40.5k $6.95
5,824 SF · lease $9.00/SF/yr · vacancy 9.20% · expense 15.00%

Alternative Uses

Best Use
Retail
$1.11M
$974.5K – $1.30M (±1% cap)
NOI $77,961 @ 7.0% cap · market cap 10.40%
Second Best
Warehouse
$577.9K
$505.7K – $674.3K (±1% cap)
NOI $40,455 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $103,992 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Texas Business Products (Bike/Boat/Book/etc) Store School Mart Inc (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Dental Office Pharmacy Spa & Massage Center Auto Parts Store Electrical Service Skin Care Clinic Building Supply Accounting Firm Hair Salon

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

Similar Off Market Nearby

  • The Warehouse — 1119 S St Mary's St, San Antonio, TX 78210
  • Anderson Storage Units - Cheap Self Storage Near You — 508 Roosevelt Ave, San Antonio, TX 78210
  • Public Storage — 2505 S Hackberry St, San Antonio, TX 78210
  • Bexar County Storage Facility — 422 Steves Ave, San Antonio, TX 78204

FAQs

What type of property is this?
Warehouse - Corner lot near downtown San Antonio with redevelopment potential.
Where is this warehouse located?
The property is located at 1812 S Presa St San Antonio, TX.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Convenient access to Hwys. I‑37, 1‑10 & 1‑35 and Downtown San Antonio.; Versatile C‑3NA NCD‑1 zoning suitable for creative owner/user, warehousing, storage, or retail.; Large 5,824 sq. ft. cinder block building on a 15,180 sq. ft. lot with ample parking.
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