Freestanding Medical Office
1202 W Bitters, San Antonio, TX 78216
For Sale
Contact for pricing
Positioned at Bitters and Blanco Road, the 2005 building offers connectivity to Loop 1604, Hwy 281, and Loop 410.
Property Size1,844 SF
Price / SF$2.17
Days on Market30
Property Features for 1202 W Bitters
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Condition
Property Use
Building Details
Year Built
Listing Agency:
Malouff Realty, LLC
(210) 325-9807
Listed By:
Andrea Iza
(210) 529-1324
Source:
Mamborealty
Added: Oct 9
Changed: Nov 7
Last Checked: Nov 7 at 9:26AM
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 Malouff Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding medical office property was built in 2005 and is located at the Bitters and Blanco Road intersection in San Antonio.
Regional access includes Loop 1604, Hwy 281, and Loop 410. San Antonio International Airport, Silverhorn Golf Club, and The Quarry are also identified nearby.
Regional access includes Loop 1604, Hwy 281, and Loop 410. San Antonio International Airport, Silverhorn Golf Club, and The Quarry are also identified nearby.
Key Highlights
- Freestanding medical office property built in 2005
- At the Bitters and Blanco Road intersection
- Access to Loop 1604, Hwy 281, and Loop 410
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,269
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,380
$425.4K
Cap Rate 7%
$303,843
$303.8K
Cap Rate 9%
$236,322
$236.3K
Market Conditions
NOI Build-Up for 1,844 SF
Gross rent
$39.8K $21.60/SF
− Vacancy
−$4.4K −$2.38/SF
EGI
$35.4K $19.22/SF
− OpEx
−$14.2K −$7.69/SF
NOI
$21.3K $11.53/SF
Area
San Antonio, TX
Vacancy
11.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,380
Cap Rate 7%
$303,843
Cap Rate 9%
$236,322
Alternative Uses
Best Use
Office B
$359.0K
$314.2K – $418.9K
NOI $25,132 @ 7.0% cap · market cap 628.93%
Second Best
Healthcare Medical
$303.8K
$265.9K – $354.5K
NOI $21,269 @ 7.0% cap · market cap 532.26%
Theoretical Best
Office A
$470.4K
$411.6K – $548.8K
NOI $32,926 @ 7.0% cap · market cap 823.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78216, TX
40,172
Population
22,138
Households
1.8
Avg Household Size
37
Median Age
34%
College-Educated
90%
High-School Grad
14.1 sq mi
ZIP Area
2,849
Density / Sq Mi
$55,488
Median Household Income
$38,591
Median Earnings
$1,211
Median Rent
$281,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in San Antonio, TX
Properties on Market for Medical Office Space in San Antonio
Vacancy Rate% for Office in San Antonio, TX
Similar Off Market Nearby
- Deerfield Animal Hospital — 14855 Blanco Rd #104, San Antonio, TX 78216
- Bova Gen — 14060 mint trail dr, san antonio, tx 78232
Frequently Asked Questions
What type of property is this?
Medical Office Space - Positioned at Bitters and Blanco Road, the 2005 building offers connectivity to Loop 1604, Hwy 281, and Loop 410.
Where is this medical office space located?
The property is located at 1202 W Bitters San Antonio, TX.
What are key features of this property?
This property features: Freestanding medical office property built in 2005; At the Bitters and Blanco Road intersection; Access to Loop 1604, Hwy 281, and Loop 410
