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Medical Office Building
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2 Spurs Ln, San Antonio, TX 78240

Commercial Improved Prop, San Antonio, TX

Property Size10,798 SF
Price / SF$0.00
Days on Market76

Property Features for 2 Spurs Ln

General Information

Property type Other
Property subtype Office
Zoning C3
Elementary school district Northside
Middle school district Northside
High school district Northside
Subdivision 0400
Standard status Active
APN 176600040221
Size 10,978 SF

Taxes and HOA fees

Tax Annual Amount 54953

Building Details

Year built 2012
Number of units 2
Buildings 1
Listing Agency: Texas Premier Realty
Listed By: Gowdhaman Rajan
Added: Aug 9 Changed: Oct 23 Last Checked: Oct 23 at 3:06PM
MLS# 2004214

Copyright © 2026 LERA MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This medical office building at 2 Spurs Lane was constructed in 2012 and has a stucco-and-stone exterior beneath a clay tile roof. Existing medical interiors are in place. The first floor contains 5,384 rentable square feet, available as one suite or as suites of 1,173 and 4,211 rentable square feet. The second floor provides a contiguous 5,244 rentable square feet. The property is zoned C3 and offers on-site parking at a ratio of 5.09 spaces per 1,000 RSF.

The property is one block from Floyd Curl Drive and two blocks from Huebner Road, within the San Antonio Medical Center. University Hospital, Methodist Hospital, and UT Health San Antonio are identified among the nearby healthcare institutions.

Key Highlights

  • First‑floor space totals 5,384 rentable square feet, with options for 1,173 or 4,211 RSF suites
  • Second floor offers 5,244 RSF in one contiguous suite
  • On‑site parking ratio of 5.09 spaces per 1,000 RSF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$126,625
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,532,500 $2.5M
Cap Rate 7%
$1,808,929 $1.8M
Cap Rate 9%
$1,406,944 $1.4M
Market Conditions
NOI Build-Up for 10,978 SF
Gross rent
$237.1K $21.60/SF
− Vacancy
−$26.1K −$2.38/SF
EGI
$211.0K $19.22/SF
− OpEx
−$84.4K −$7.69/SF
NOI
$126.6K $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%
$2,532,500
Cap Rate 7%
$1,808,929
Cap Rate 9%
$1,406,944

Alternative Uses

Best Use
Office B
$2.14M
$1.87M – $2.49M (±1% cap)
NOI $149,618 @ 7.0% cap · market cap 748,090.00%
Second Best
Healthcare Medical
$1.81M
$1.58M – $2.11M (±1% cap)
NOI $126,625 @ 7.0% cap · market cap 633,125.00%
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M (±1% cap)
NOI $196,021 @ 7.0% cap · market cap 980,105.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Alamo Residences at Spurs ... Real Estate Agency Willingham Alex C ... Physician

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Hair Salon Kitchen & Bath Showroom HVAC Service

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

1,510
Businesses Nearby
Under-served
Demand for This Use

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
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

Similar Off Market Nearby

  • MPC of Texas Mobile Clinic — 4927 Golden Quail, San Antonio, TX 78240

Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing clinical interiors and flexible floor configurations support medical and professional occupancy.
Where is this medical office space located?
The property is located at 2 Spurs Ln San Antonio, TX.
What are key features of this property?
This property features: First‑floor space totals 5,384 rentable square feet, with options for 1,173 or 4,211 RSF suites; Second floor offers 5,244 RSF in one contiguous suite; On‑site parking ratio of 5.09 spaces per 1,000 RSF
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