Medical Office
For Sale
$359,000
9386 HUEBNER RD, San Antonio, TX 78240
Office suite with multiple rooms, kitchen area, and two restrooms, currently used as a real estate office.
Property Size1,825 SF
Price / SF$196.71
Days on Market909
Property Features for 9386 HUEBNER RD
General Information
Standard status
Active
Size
1,825 SF
Property subtype
General Commercial
Amenities
Central Air
3
C3NA
3 Parking Spaces.
Building Details
Year Built
2004
Stories
1
Listing Agency:
RE/MAX Preferred, REALTORS
(210) 483-5000
Listed By:
Michael Flinn · License #486098
(210) 601-3270
Source:
Xome
Added: Mar 14, 2024
Changed: Sep 1
Last Checked: Sep 8 at 3:47AM
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 RE/MAX Preferred, REALTORS
Investment Insights
Based on property information with market context.
This office suite is currently configured for a real estate office and includes multiple offices, a kitchen area, and two restrooms. The space offers a practical layout for professional use where separate rooms and restroom access are needed.
The property is located on Huebner Rd and is described as having a high traffic count. Note that the public remarks indicate that a restaurant is not allowed in this unit.
Unit 108 is presented for sale, with the current improvements supporting office operations within a medical center setting.
The property is located on Huebner Rd and is described as having a high traffic count. Note that the public remarks indicate that a restaurant is not allowed in this unit.
Unit 108 is presented for sale, with the current improvements supporting office operations within a medical center setting.
Key Highlights
- Office suite currently used as a real estate office
- Multiple office rooms plus a kitchen area
- Includes 2 restrooms
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
$24,873
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
6.93%
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%
$497,460
$497.5K
Cap Rate 7%
$355,329
$355.3K
Cap Rate 9%
$276,367
$276.4K
Market Conditions
NOI Build-Up for 1,825 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
$40.3K $22.08/SF
− Vacancy
−$7.1K −$3.91/SF
EGI
$33.2K $18.17/SF
− OpEx
−$8.3K −$4.54/SF
NOI
$24.9K $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%
$497,460
Cap Rate 7%
$355,329
Cap Rate 9%
$276,367
Alternative Uses
Best Use
Office B
$355.3K
$310.9K – $414.6K
NOI $24,873 @ 7.0% cap · market cap 6.93%
Second Best
Healthcare Medical
$300.7K
$263.1K – $350.8K
NOI $21,050 @ 7.0% cap · market cap 5.86%
Theoretical Best
Office A
$465.5K
$407.3K – $543.1K
NOI $32,587 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,411
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78240, TX
56,112
Population
27,713
Households
2
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
11.2 sq mi
ZIP Area
5,010
Density / Sq Mi
$62,203
Median Household Income
$41,812
Median Earnings
$1,283
Median Rent
$245,100
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Office suite with multiple rooms, kitchen area, and two restrooms, currently used as a real estate office.
Where is this medical office space located?
The property is located at 9386 HUEBNER RD San Antonio, TX.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Office suite currently used as a real estate office; Multiple office rooms plus a kitchen area; Includes 2 restrooms
