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179 Marlena Dr San Antonio, TX 78213

OFF-MARKET Office Spaces Google Maps
1,200 SF Built 1967
Estimated value
No estimation on file for this property yet.
Property ID US82-0828332

Property summary

AI-generated overview

This 1,200 square foot, single-tenant office building in San Antonio, Texas, presents a prime redevelopment opportunity. Located at 179 Marlena Dr, 78213, this property boasts a prominent position on the Loop 410 access road, ensuring maximum visibility and accessibility to over 265,000 vehicles daily. Built in 1967 and renovated in 2021, the building sits on a 10,030 square foot lot and is currently 100% occupied. The C3-R zoning allows for a variety of commercial uses, including multi-tenant office space, small retail, or even a car lot. The asking price is $400,000 ($333.33/sq ft), and the seller is open to exploring various transaction structures, including outright sale, ground lease, owner financing, or potential property trades. This one-story building offers significant potential for investors seeking a high-traffic location and flexible development options within Bexar County. The property's current use as a professional office provides immediate cash flow while offering substantial upside for future development.

Property profile

Verified
Property type Office Spaces
Year built 1967
Total area 1,200 SF
UPID US82-0828332

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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