Medical Office
For Sale
$515,000
14603 Huebner Rd Suite 2403, San Antonio, TX 78230
For-sale medical office suite in a commercial building on Huebner Road.
Property Size1,434 SF
Days on Market51
Property Features for 14603 Huebner Rd Suite 2403
General Information
Standard status
Active
Size
1,434 SF
Class
C
Property subtype
Office
Building Details
Building Size
1,434 SF
Year Built
2012
Listing Agency:
NAI Excel
(210) 366-1400
Listed By:
Jorge Rodriguez, CCIM, SIOR · License #TX #613589
Source:
Naiglobal
Added: Jul 10
Changed: Aug 28
Last Checked: Aug 28 at 10:08AM
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 NAI Excel
Investment Insights
Based on property information with market context.
This listing offers a medical office suite available for sale. The property is presented as office units within a commercial real estate building.
Located on Huebner Rd, the suite is designated as Suite 2403 at the stated address in San Antonio, Texas.
Additional details on the suite’s layout, improvements, or condition are not provided in the available information.
Located on Huebner Rd, the suite is designated as Suite 2403 at the stated address in San Antonio, Texas.
Additional details on the suite’s layout, improvements, or condition are not provided in the available information.
Key Highlights
- Medical office suite available for sale in a commercial building
- Building was built in 2012
- Located on Huebner Road
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,544
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$390,880
$390.9K
Cap Rate 7%
$279,200
$279.2K
Cap Rate 9%
$217,156
$217.2K
Market Conditions
NOI Build-Up for 1,434 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.7K $22.08/SF
− Vacancy
−$5.6K −$3.91/SF
EGI
$26.1K $18.17/SF
− OpEx
−$6.5K −$4.54/SF
NOI
$19.5K $13.63/SF
Area
San Antonio, TX
Vacancy
17.70%
Lease Rate
$22.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$390,880
Cap Rate 7%
$279,200
Cap Rate 9%
$217,156
Alternative Uses
Best Use
Office B
$279.2K
$244.3K – $325.7K
NOI $19,544 @ 7.0% cap · market cap 3.79%
Second Best
Healthcare Medical
$236.3K
$206.8K – $275.7K
NOI $16,540 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$365.8K
$320.1K – $426.8K
NOI $25,605 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78230, TX
42,145
Population
21,191
Households
2
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
4,014
Density / Sq Mi
$71,564
Median Household Income
$40,281
Median Earnings
$1,289
Median Rent
$355,400
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - For-sale medical office suite in a commercial building on Huebner Road.
Where is this medical office space located?
The property is located at 14603 Huebner Rd Suite 2403 San Antonio, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Medical office suite available for sale in a commercial building; Building was built in 2012; Located on Huebner Road
