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Investment Highlights

  • 3952+/- SF 2-Story Office/Retail Building
  • Zoned C-2
  • Ample Private Parking
  • Numerous offices/conference rooms/restrooms
  • Lot is Fully Fenced/Gated and 0.223+/- acres
  • High Growth SE Military and 371 Area

Executive Summary

Two Story building with C2 Zoning in prime location in South San Antonio. Priced $$$ below market for a quick sale. With plenty of parking space the versatile zoning allows an investor many avenues to maximize revenue.

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $59,280 $15.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $59,280 $15.00
Taxes $8,898 $2.25
Operating Expenses $7,500 $1.90
Total Expenses $16,398 $4.15
Net Operating Income $42,882 $10.85

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $59,280
Annual Per SF $15.00
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $59,280
Annual Per SF $15.00
Taxes
Annual $8,898
Annual Per SF $2.25
Operating Expenses
Annual $7,500
Annual Per SF $1.90
Total Expenses
Annual $16,398
Annual Per SF $4.15
Net Operating Income
Annual $42,882
Annual Per SF $10.85

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,952 SF
Building Class
B
Year Built
1960
Price
$350,000
Price Per SF
$88.56
Cap Rate
12.25%
NOI
$42,875
Tenancy
Single
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.22 AC
Zoning
C-2 - San Antonio C-2
Parking
20 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
60’ on Lasses Blvd

Amenities

  • Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
H-E-B
Buffalo Wild Wings
Teriyaki Madness
Chili's Grill & Bar
Cracker Barrel Old Country Store
IHOP
Olive Garden
Golds Gym
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
09814-000-0160
Land Assessment
$91,990 (2025)
Improvements Assessment
$278,950 (2025)
Total Assessment
$370,940 (2025)
Annual Taxes
$8,898 ($2.25/SF)
Tax Year
2026
  • Listing ID: 30473507

  • Date on Market: 12/28/2023

  • Last Updated:

  • Address: 3350 Lasses Blvd, San Antonio, TX 78223

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