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Medical Office with Gated Parking
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127 Lewis St, San Antonio, TX 78212

Renovated two-story space offers private work areas, reception, a kitchen, and a separate garage for storage.

Property Size3,678 SF
Price / SF$0.01
Days on Market21

Property Features for 127 Lewis St

General Information

Standard status Active
Size 3,678 SF
Total Parking Spaces 12
Property subtype Commercial
Zoning C-1 S

Site & Location

Neighborhood Tobin Hill Community

Additional Details

Condition Newly Renovated

Building Details

Building Size 3,678 SF
Year Built 1909
Buildings 1
Stories 2
Units 1
Listing Agency: Re/Max North-San Antonio
Listed By: Christy Rupp · License #600433
Source: Dowdyrealestate
Added: Oct 9 Changed: Oct 25 Last Checked: Oct 26 at 3:42AM

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 North-San Antonio

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Investment Insights

Based on property information with market context.

At 127 Lewis St, this 3,678-square-foot medical office property has two floors of work areas. The first floor includes a reception area, staff workspace, two private offices or exam rooms, a kitchen with storage, and a full bathroom. Seven rooms and another full bathroom occupy the second floor. Renovation work included electrical and plumbing upgrades; multiple access points add flexibility to the layout.

The property has gated parking and a separate garage that can serve as storage. It is in the Historic Tobin Hill area, near medical facilities, hospitals, professional offices, and other businesses, with downtown and The Pearl also nearby. Zoning is C-1 S. Built in 1909, the property is configured for professional and commercial use, including medical offices, professional practices, and coworking.

Key Highlights

  • 3,678‑square‑foot property with work areas on two floors
  • First floor includes reception, staff workspace, two private offices or exam rooms, kitchen, and full bathroom
  • Seven rooms and an additional full bathroom on the second floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,424
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,480 $848.5K
Cap Rate 7%
$606,057 $606.1K
Cap Rate 9%
$471,378 $471.4K
Market Conditions
NOI Build-Up for 3,678 SF
Gross rent
$79.4K $21.60/SF
− Vacancy
−$8.7K −$2.38/SF
EGI
$70.7K $19.22/SF
− OpEx
−$28.3K −$7.69/SF
NOI
$42.4K $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%
$848,480
Cap Rate 7%
$606,057
Cap Rate 9%
$471,378

Alternative Uses

Best Use
Office B
$716.1K
$626.6K – $835.5K (±1% cap)
NOI $50,127 @ 7.0% cap · market cap 208,862.50%
Second Best
Healthcare Medical
$606.1K
$530.3K – $707.1K (±1% cap)
NOI $42,424 @ 7.0% cap · market cap 176,766.67%
Theoretical Best
Office A
$938.2K
$820.9K – $1.09M (±1% cap)
NOI $65,674 @ 7.0% cap · market cap 273,641.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Alamo City Comm ... Law Firm

Suggested Use

Top Pick Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Pet Grooming Service Veterinary Clinic Acupuncture

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

2,909
Businesses Nearby
Balanced
Demand for This Use

Demographics for 78212, TX

26,738
Population
13,399
Households
2
Avg Household Size
39
Median Age
39%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
3,875
Density / Sq Mi
$60,222
Median Household Income
$40,037
Median Earnings
$1,084
Median Rent
$299,400
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 San Antonio, TX

13.5% 2019
13.4% 2021
15.7% 2022
17.3% 2023
16.5% 2024
16% 2025

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated two-story space offers private work areas, reception, a kitchen, and a separate garage for storage.
Where is this medical office space located?
The property is located at 127 Lewis St San Antonio, TX.
What are key features of this property?
This property features: 3,678‑square‑foot property with work areas on two floors; First floor includes reception, staff workspace, two private offices or exam rooms, kitchen, and full bathroom; Seven rooms and an additional full bathroom on the second floor
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