Medical Office Building with Corner
1445 Somerset Rd San Antonio, TX 78211
1445 Somerset Rd, San Antonio, TX, 78211
Contact for pricing
For Sale
Contact for pricing
Well-maintained medical office building with 8 patient rooms, waiting and storage, on a corner lot with dual access and parking.
Property Size2,704 SF
Lot Size0.30 Acres
Price / SF$203.40
Days on Market101
Property Features for 1445 Somerset Rd
General Information
- Standard status
- Active
- Size
- 2,704 SF
- Lot size
- 0.30 Acres
- Property subtype
- Business for Sale, Office, Retail
Building Details
- Year Built
- 1960
Listing agency
Coldwell Banker Commercial - Alamo City
Listed by
Matthew Driffill · License #787578
Source
Crexi
Added: Apr 13 Updated: Jul 21 at 2:52PM Checked: Jul 22 at 11:54AM
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 Coldwell Banker Commercial - Alamo City
Investment Insights
Based on property information with market context.
Well-maintained medical office building positioned on a corner property with dual hard-corner access. The offering includes approximately 2,704 square feet (about 2,740 SF GLA) and is currently configured with 8 patient rooms, a waiting area, and file storage. The layout also supports conversion into salon or personal services suite configurations for beauty and wellness-related uses.
Located on Somerset Rd in a high-traffic corridor with approximately 8,337 vehicles per day and C-2 zoning. The site includes 27 parking spaces, for a 5:1 parking ratio, supporting both staff and client needs.
The building is 100% owner-occupied with no existing lease, and the medical practice is operational and for sale. Please do not disturb the business; contact Matthew Driffill at 210-862-1192 for more information and scheduling.
Located on Somerset Rd in a high-traffic corridor with approximately 8,337 vehicles per day and C-2 zoning. The site includes 27 parking spaces, for a 5:1 parking ratio, supporting both staff and client needs.
The building is 100% owner-occupied with no existing lease, and the medical practice is operational and for sale. Please do not disturb the business; contact Matthew Driffill at 210-862-1192 for more information and scheduling.
Key Highlights
- Medical office building built in 1960 with approx. 2,704 SF (approx. 2,740 SF GLA)
- Layout includes 8 patient rooms, waiting area, and file storage
- Corner property with dual hard‑corner access on Somerset Rd in a high‑traffic corridor (approx. 8,337 vehicles/day)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.7k | $22.08 |
| − Vacancy | −$10.6k | −$3.91 |
| EGI | $49.1k | $18.17 |
| − OpEx | −$12.3k | −$4.54 |
| NOI | $36.9k | $13.63 |
2,704 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$526.5K
$460.7K – $614.2K
NOI $36,852 @ 7.0% cap · market cap 6.70%
Second Best
Healthcare Medical
$445.6K
$389.9K – $519.8K
NOI $31,189 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$689.7K
$603.5K – $804.7K
NOI $48,282 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Law Office of Juan ...
Law Firm
Aguado Alma Ludivina ...
Physician
Dr. Agvado
Physician
Casa Dental
Dental Office
Casa Dental: Hanesworth ...
Dental Office
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FAQs
What type of property is this?
Medical Office Space - Well-maintained medical office building with 8 patient rooms, waiting and storage, on a corner lot with dual access and parking.
Where is this medical office space located?
The property is located at 1445 Somerset Rd San Antonio, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Medical office building built in 1960 with approx. 2,704 SF (approx. 2,740 SF GLA); Layout includes 8 patient rooms, waiting area, and file storage; Corner property with dual hard‑corner access on Somerset Rd in a high‑traffic corridor (approx. 8,337 vehicles/day)