Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    22026 Highway Dr San Antonio, TX 78258
    Back to Search
    Property profile & analytics

    22026 Highway Dr San Antonio, TX 78258

    View on Map
    • Neighborhood centers
    • 7,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Neighborhood centers

    Property Details for 22026 Highway Dr

    Year built
    2016
    Property size
    7,800 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Encino Plaza, a 7,800 square foot retail center in San Antonio, Texas, presents a prime leasing opportunity. Located at 22026 North U.S. Highway 281, zip code 78258, in Bexar County, this 2016-built property offers 2,000 square feet of immediately available space. The property is situated on a highly trafficked section of Highway 281 Access Road, conveniently positioned between Evans Road and TPC Parkway, ensuring excellent visibility and accessibility. Encino Plaza boasts a strong tenant mix within its strip center configuration, providing a vibrant and established commercial environment. Ample parking is available for customers and employees, and prominent pylon signage offers excellent branding opportunities for prospective tenants. This location serves the affluent Stone Oak master-planned community, guaranteeing a substantial and high-spending customer base. The property is classified as a multi-tenant retail space, ideal for restaurants or other retail businesses seeking a thriving location within a well-established center. The building's modern construction (2016) ensures updated facilities and amenities. This is an exceptional opportunity to establish a business in a high-demand area with significant foot traffic and strong community presence.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4505
    Latitude
    29.6462

    Comparable in this City

    • Value Estimation by Request
      41,818 SF

      281 & Wilderness Oak

      Restaurants • 41,818 SF
      281 & Wilderness Oak, San Antonio, TX 78258
      View Details
    • Value Estimation by Request
      8,017 SF

      19178 Blanco Rd

      Restaurants • 8,017 SF
      19178 Blanco Rd, San Antonio, TX 78258
      View Details
    • Value Estimation
      $1,045,000
      61,259 SF

      20760 Us Hwy 281st N

      SHOPPING CENTER, STRIP CENTER • 61,259 SF
      20760 Us Hwy 281st N, San Antonio, TX 78258-7663
      View Details
    • Value Estimation
      $585,000
      20,900 SF

      18822 Stone Oak Pkwy

      SHOPPING CENTER, STRIP CENTER • 20,900 SF
      18822 Stone Oak Pkwy, San Antonio, TX 78258-4143
      View Details
    • Value Estimation by Request
      2,300 SF

      18822 Stone Oak Pkwy

      SHOPPING CENTER, STRIP CENTER • 2,300 SF
      18822 Stone Oak Pkwy, San Antonio, TX 78258-4143
      View Details
    • Value Estimation
      $580,000
      26,020 SF

      18360 Blanco Rd

      SHOPPING CENTER, STRIP CENTER • 26,020 SF
      18360 Blanco Rd, San Antonio, TX 78258-4035
      View Details

    Similar Nearby for Sale

    • $3,600,000

      Retail Property on Stone Oak

      Retail property for sale located on Stone Oak Parkway.
      20122 Stone Oak Pkwy, San Antonio, TX 78258
      View Details
    • Contact for pricing
      176,418 SF

      4.14 Acres Commercial Land

      4.14 acres of commercial land available for sale.
      21891 Us Highway 281, San Antonio, TX 78258
      View Details
    • Contact for pricing
      2,602 SF

      Retail Space in Tuscan-Style Center

      Retail space available in mixed-use development in affluent area.
      18236 Tuscany Stone, San Antonio, TX 78258
      View Details
    • $3,600,000
      6,600 SF

      Stone Oak Retail Center For Sale

      6,600 SF three-tenant retail center in Stone Oak area.
      20122 Stone Oak Pkwy, San Antonio, TX 78258
      View Details
    • Contact for pricing
      4,264 SF

      Stone Oak Retail Opportunity

      Prime retail space in high-traffic Stone Oak Plaza.
      18720 Stone Oak Pkwy, San Antonio, TX 78258
      View Details
    • $5,900,000
      8,736 SF

      Stone Oak Dayclub For Sale

      Operating dayclub with pool, bar, and event infrastructure in place.
      18326 Tuscany Stone, San Antonio, TX 78258
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Development in Stone Oak

      Mixed-use development with retail, office, and restaurant spaces for rent.
      18615 Tuscany Stone, San Antonio, TX 78258
      View Details
    • Contact for pricing
      57,673 SF

      Stone Oak Retail Space Available

      Prime retail space available in San Antonio, TX.
      20135 Stone Oak Pkwy, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Retail Space in Stone Oak

      Retail space in a high-traffic, well-located shopping center.
      20935 U.S Us Highway 281 N, San Antonio, TX 78258
      View Details
    • Contact for pricing
      2,424 SF

      Retail Space in Power Center

      Retail space for lease in a well-located power center.
      22710 U.S Us Highway 281 N, San Antonio, TX 78258
      View Details
    • Contact for pricing

      Stone Oak Retail Space Available

      Retail development in the heart of Stone Oak.
      23503 Hardy Oak Blvd, San Antonio, TX 78258
      View Details
    • Contact for pricing
      4,921 SF

      Retail Space in Power Center

      Retail space for lease in a well-located power center.
      22502 U.S Us Highway 281 N, San Antonio, TX 78258
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22026 Highway Dr
    San Antonio, TX 78258
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    22026 Highway Dr, San Antonio, TX, 78258
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!