Single-Story Medical Office
For Sale
$800,000
2620 McCullough Avenue, San Antonio, TX 78212
Existing dermatopathology configuration with gated parking and direct access from McCullough Avenue.
Property Size2,844 SF
Lot Size0.27 Acres
Price / SF$281.29
Days on Market47
Property Features for 2620 McCullough Avenue
General Information
Standard status
Active
Size
2,844 SF
Lot size
0.27 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
2,844 SF
Buildings
1
Stories
1
Listing Agency:
Oldham Goodwin Group
Listed By:
Steve Monroe · License #561910
(210) 426-1800
Source:
Commercialcafe
Added: Sep 4
Changed: Oct 11
Last Checked: Oct 19 at 4:30AM
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 Oldham Goodwin Group
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Investment Insights
Based on property information with market context.
This 2,844-square-foot medical office building occupies approximately 0.27 acres and is arranged on a single level. The current layout supports dermatopathology services, offering an established clinical setting for continued medical use. Gated surface parking, street-level access, and frontage along McCullough Avenue are part of the property’s physical profile.
The building sits at the intersection of McCullough Avenue and East Magnolia Avenue, near the Monte Vista Historical District in San Antonio’s Midtown area. Regional connectivity includes US Highway 281, Interstate 35, and Interstate 10, while the property is positioned between Downtown San Antonio and established residential areas. Its compact scale and existing medical configuration support consideration by an owner-user, professional practice, or investor.
The building sits at the intersection of McCullough Avenue and East Magnolia Avenue, near the Monte Vista Historical District in San Antonio’s Midtown area. Regional connectivity includes US Highway 281, Interstate 35, and Interstate 10, while the property is positioned between Downtown San Antonio and established residential areas. Its compact scale and existing medical configuration support consideration by an owner-user, professional practice, or investor.
Key Highlights
- 2,844‑square‑foot single‑story medical office building
- Approximately 0.27 acres at McCullough Avenue and East Magnolia Avenue
- Currently configured for dermatopathology services
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,761
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,220
$775.2K
Cap Rate 7%
$553,729
$553.7K
Cap Rate 9%
$430,678
$430.7K
Market Conditions
NOI Build-Up for 2,844 SF
Gross rent
$62.8K $22.08/SF
− Vacancy
−$11.1K −$3.91/SF
EGI
$51.7K $18.17/SF
− OpEx
−$12.9K −$4.54/SF
NOI
$38.8K $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 Rate 5%
$775,220
Cap Rate 7%
$553,729
Cap Rate 9%
$430,678
Alternative Uses
Best Use
Office B
$553.7K
$484.5K – $646.0K
NOI $38,761 @ 7.0% cap · market cap 4.85%
Second Best
Healthcare Medical
$468.6K
$410.1K – $546.7K
NOI $32,804 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$725.5K
$634.8K – $846.4K
NOI $50,782 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in San Antonio, TX
Similar Off Market Nearby
- Pet Shotz Inc. — 3306 N St Mary's St, San Antonio, TX 78212
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing dermatopathology configuration with gated parking and direct access from McCullough Avenue.
Where is this medical office space located?
The property is located at 2620 McCullough Avenue San Antonio, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,844‑square‑foot single‑story medical office building; Approximately 0.27 acres at McCullough Avenue and East Magnolia Avenue; Currently configured for dermatopathology services
