Medical Office
New
For Sale
Contact for pricing
4358 LOCKHILL SELMA RD #302, San Antonio, TX 78249
Configured with exam or workstation rooms, a conference room, reception area, and accessible entry and restrooms.
Property Size2,457 SF
Price / SF$2.25
Days on Market2
Property Features for 4358 LOCKHILL SELMA RD #302
General Information
Standard status
Active
Size
2,457 SF
Property subtype
Office/Medical/Prof Bldg
Building Details
Year Built
2018
Listing Agency:
PIONEER REALTY PARTNERS, LLC
Listed By:
Denise Bourassa
(210) 355-0559
Source:
Pioneerrealtypartners
Added: Oct 19
Last Checked: Oct 19 at 2:44PM
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 PIONEER REALTY PARTNERS, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,457-square-foot medical office suite was built in 2018. Its layout includes a corner office, a conference room, eight rooms suitable for examinations or workstations, and a spacious reception area. Entry and restrooms are ADA accessible.
The suite is located in a medical plaza alongside medical and professional office tenants. On-site parking is available.
The suite is located in a medical plaza alongside medical and professional office tenants. On-site parking is available.
Key Highlights
- 2,457‑square‑foot medical office suite
- Eight rooms suited to exams or workstations
- Corner office, conference room, and reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,340
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,800
$566.8K
Cap Rate 7%
$404,857
$404.9K
Cap Rate 9%
$314,889
$314.9K
Market Conditions
NOI Build-Up for 2,457 SF
Gross rent
$53.1K $21.60/SF
− Vacancy
−$5.8K −$2.38/SF
EGI
$47.2K $19.22/SF
− OpEx
−$18.9K −$7.69/SF
NOI
$28.3K $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%
$566,800
Cap Rate 7%
$404,857
Cap Rate 9%
$314,889
Alternative Uses
Best Use
Office B
$478.4K
$418.6K – $558.1K
NOI $33,486 @ 7.0% cap · market cap 605.75%
Second Best
Healthcare Medical
$404.9K
$354.3K – $472.3K
NOI $28,340 @ 7.0% cap · market cap 512.66%
Theoretical Best
Office A
$626.7K
$548.4K – $731.2K
NOI $43,872 @ 7.0% cap · market cap 793.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78249, TX
56,996
Population
24,058
Households
2.4
Avg Household Size
30
Median Age
52%
College-Educated
96%
High-School Grad
14.5 sq mi
ZIP Area
3,931
Density / Sq Mi
$80,851
Median Household Income
$39,017
Median Earnings
$1,475
Median Rent
$284,200
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
Similar Off Market Nearby
- Brandos Animal Hospital — 4939 De Zavala Rd, San Antonio, TX 78249
- South Texas Veterinary Surgery — 4522 De Zavala Rd, San Antonio, TX 78249
- South Texas Veterinary Ophthalmology — 4522 De Zavala Rd, San Antonio, TX 78249
- Animal Cancer Center of Texas — 4522 De Zavala Rd, San Antonio, TX 78249
- San Antonio Veterinary Specialists — 4522 De Zavala Rd, San Antonio, TX 78249
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with exam or workstation rooms, a conference room, reception area, and accessible entry and restrooms.
Where is this medical office space located?
The property is located at 4358 LOCKHILL SELMA RD #302 San Antonio, TX.
What are key features of this property?
This property features: 2,457‑square‑foot medical office suite; Eight rooms suited to exams or workstations; Corner office, conference room, and reception area
