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Medical Office Space
For Sale
$1,100,000

1652 Pat Booker Road, Universal City, TX 78148

For-sale medical office space well-suited for healthcare and professional services at 1652 Pat Booker Road.

Property Size2,000 SF
Price / SF$550
Days on Market102

Property Features for 1652 Pat Booker Road

General Information

Standard status Active
Size 2,000 SF
Property subtype Office Medical
Occupancy 100%

Additional Details

Cap Rate 6.73%

Amenities

Highlight

Building Details

Building Size 2,000 SF
Year Built 1977
Listed By: James Stewart, CCIM · License #License(s): TX: 531005
Source: Marcusmillichap
Added: Jun 28 Changed: Oct 4 Last Checked: Oct 7 at 8:29AM

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 James Stewart, CCIM

Investment Insights

Based on property information with market context.

This for-sale medical office space offers a straightforward professional environment for healthcare or other service-based tenants. The property is presented as a commercial office asset within the Medical Office Space and Office Spaces categories, with a total size of 2,000 square feet.

Located at 1652 Pat Booker Road in Universal City, Texas, the property’s address provides the primary physical identifier for viewing and due diligence. Beyond the stated use category and size, no additional building features, unit configuration, or site characteristics are provided in the information supplied.

From a tenant or buyer fit perspective, a medical office designation typically supports service-oriented operations where clinical or professional workflows are central. This asset may align with buyers seeking a defined office footprint for a healthcare practice or an office user looking for a property marketed specifically as medical office space. Interested parties should confirm current condition, interior layout, and any operational details directly through inspection and review of available offering materials.

Key Highlights

  • Medical office space for sale at 1652 Pat Booker Road
  • Year built: 1977
  • Listing overview shows 6.73%

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,220
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,400 $644.4K
Cap Rate 7%
$460,286 $460.3K
Cap Rate 9%
$358,000 $358.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$48.0K $24.00/SF
− Vacancy
−$5.0K −$2.52/SF
EGI
$43.0K $21.48/SF
− OpEx
−$10.7K −$5.37/SF
NOI
$32.2K $16.11/SF
Area
Bexar County, TX
Vacancy
10.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,400
Cap Rate 7%
$460,286
Cap Rate 9%
$358,000

Alternative Uses

Best Use
Office B
$460.3K
$402.8K – $537.0K (±1% cap)
NOI $32,220 @ 7.0% cap · market cap 2.93%
Second Best
Healthcare Medical
$398.7K
$348.9K – $465.1K (±1% cap)
NOI $27,908 @ 7.0% cap · market cap 2.54%
Theoretical Best
Office A
$541.3K
$473.7K – $631.5K (±1% cap)
NOI $37,892 @ 7.0% cap · market cap 3.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Law Firm Acupuncture Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby
Balanced
Demand for This Use

Demographics for 78148, TX

21,569
Population
8,597
Households
2.5
Avg Household Size
37
Median Age
34%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
2,247
Density / Sq Mi
$75,395
Median Household Income
$40,850
Median Earnings
$1,252
Median Rent
$249,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • VetIQ Petcare — 510 Kitty Hawk Rd, Universal City, TX 78148
  • Pat Booker Road Animal Hospital — 1706 Pat Booker Rd, Universal City, TX 78148
  • Veterinary Medical Association of Bexar County — 1706 Pat Booker Rd, Universal City, TX 78148
  • Butler Laurie DVM — 2510 Pat Booker Rd, Universal City, TX 78148
  • Universal City Animal Hospital — 2510 Pat Booker Rd, Universal City, TX 78148

Frequently Asked Questions

What type of property is this?
Medical Office Space - For-sale medical office space well-suited for healthcare and professional services at 1652 Pat Booker Road.
Where is this medical office space located?
The property is located at 1652 Pat Booker Road Universal City, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Medical office space for sale at 1652 Pat Booker Road; Year built: 1977; Listing overview shows 6.73%
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