Turnkey Facility in San Antonio
For Sale
Contact for pricing
17606 Tucker Place, San Antonio, TX 78221
Purpose-built facility for behavioral health, assisted living, or transitional housing.
Property Size18,730 SF
Lot Size11.46 Acres
Price / SF$148.96
Days on Market526
Property Features for 17606 Tucker Place
General Information
Standard status
Active
Size
18,730 SF
Lot size
11.46 Acres
Property subtype
Industrial
Building Details
Year Built
2018
Listing Agency:
Coldwell Banker D'Ann Harper New Braunfels
(830) 542-0360
Listed By:
Lauren Graham · License #TX
Source:
Crexi
Added: Mar 3, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:30AM
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 D'Ann Harper New Braunfels
Investment Insights
Based on property information with market context.
This 18,730 SF commercial property on 11.46 acres in the San Antonio MSA is designed and equipped for residential treatment, assisted living, transitional housing, or similar uses. The property features three residential-style buildings and offers a turnkey solution with commercial-grade infrastructure, including kitchens, fire suppression, and security systems. It is designed for group housing, treatment centers, or institutional use with structured accommodations, common areas, and dedicated staff spaces. The advanced fire suppression system is designed to meet critical care facility standards, providing protection for mobility-challenged residents and staff, reducing insurance costs, and accelerating compliance with regulatory and licensing requirements. The property is ideal for behavioral health, transitional housing, or trauma-informed care. Seller is offering Owner Financing and Lease-to-Own terms.
Key Highlights
- Turnkey‑ready facility ideal for behavioral health, transitional housing, or trauma‑informed care.
- Advanced fire suppression system designed to meet critical care facility standards.
- Flexible Purchase Options: Seller is offering Owner Financing and Lease‑to‑Own terms.
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
$191,324
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
6.86%
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%
$3,826,480
$3.8M
Cap Rate 7%
$2,733,200
$2.7M
Cap Rate 9%
$2,125,822
$2.1M
Market Conditions
NOI Build-Up for 18,730 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
$370.9K $19.80/SF
− Vacancy
−$23.0K −$1.23/SF
EGI
$347.9K $18.57/SF
− OpEx
−$156.5K −$8.36/SF
NOI
$191.3K $10.21/SF
Area
San Antonio, TX
Vacancy
6.20%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
45.00%
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%
$3,826,480
Cap Rate 7%
$2,733,200
Cap Rate 9%
$2,125,822
Alternative Uses
Best Use
Apartment 5plus
$2.73M
$2.39M – $3.19M
NOI $191,324 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.78M
$4.18M – $5.57M
NOI $334,439 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78221, TX
39,779
Population
14,939
Households
2.7
Avg Household Size
35
Median Age
12%
College-Educated
74%
High-School Grad
36.3 sq mi
ZIP Area
1,096
Density / Sq Mi
$63,114
Median Household Income
$33,439
Median Earnings
$1,147
Median Rent
$157,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Assisted living facility - Purpose-built facility for behavioral health, assisted living, or transitional housing.
Where is this assisted living facility located?
The property is located at 17606 Tucker Place San Antonio, TX.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Turnkey‑ready facility ideal for behavioral health, transitional housing, or trauma‑informed care.; Advanced fire suppression system designed to meet critical care facility standards.; Flexible Purchase Options: Seller is offering Owner Financing and Lease‑to‑Own terms.
