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Freestanding Medical Office
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4965 West Commerce Street, San Antonio, TX 78237

Former dental facility with existing medical improvements, dedicated parking, and pylon signage.

Property Size3,073 SF
Price / SF$244.06
Days on Market119

Property Features for 4965 West Commerce Street

General Information

Standard status Active
Size 3,073 SF
Total Parking Spaces 18
Property subtype Retail, Office

Site & Location

Corner Location Yes
Pylon Signage Yes
Road Access Yes

Amenities

pylon signage

Building Details

Buildings 1
Units 1
Building Size 3,073 SF
Tenancy Single
Listing Agency: CBG Commercial Real Estate
Listed By: Matthew Abbott · License #804150
Source: Crexi
Added: Jun 22 Changed: Oct 13 Last Checked: Oct 16 at 9:32AM

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 CBG Commercial Real Estate

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Investment Insights

Based on property information with market context.

This 3,073-square-foot freestanding commercial building was previously used as a dental office and retains medical-style improvements. The property includes dedicated on-site parking and prominent pylon signage, with access from a signalized corner at West Commerce Street and North San Felipe Street.

The building sits directly next to Crosstown Mercado and near Burlington, Ross, Planet Fitness, Dollar Tree, WSS, and Peter Piper Pizza. Its existing configuration supports medical, dental, office, retail, and service-oriented uses, subject to applicable requirements.

Key Highlights

  • 3,073 SF freestanding commercial building
  • Former dental office with existing medical‑style improvements
  • Signalized corner at W. Commerce Street and N. San Felipe Street

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,882
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$837,640 $837.6K
Cap Rate 7%
$598,314 $598.3K
Cap Rate 9%
$465,356 $465.4K
Market Conditions
NOI Build-Up for 3,073 SF
Gross rent
$67.9K $22.08/SF
− Vacancy
−$12.0K −$3.91/SF
EGI
$55.8K $18.17/SF
− OpEx
−$14.0K −$4.54/SF
NOI
$41.9K $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%
$837,640
Cap Rate 7%
$598,314
Cap Rate 9%
$465,356

Alternative Uses

Best Use
Office B
$598.3K
$523.5K – $698.0K (±1% cap)
NOI $41,882 @ 7.0% cap · market cap 5.58%
Second Best
Retail
$587.7K
$514.2K – $685.6K (±1% cap)
NOI $41,136 @ 7.0% cap · market cap 5.48%
Theoretical Best
Office A
$783.9K
$685.9K – $914.5K (±1% cap)
NOI $54,871 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Celebrate Dental & Braces- ... Dental Office Clark Hepworth Dental Office Dr. Seth Huish Dental Office Sixto San Miguel Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Kitchen & Bath Showroom Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby
Under-served
Demand for This Use

Demographics for 78237, TX

36,019
Population
12,998
Households
2.8
Avg Household Size
35
Median Age
6%
College-Educated
64%
High-School Grad
7.1 sq mi
ZIP Area
5,073
Density / Sq Mi
$40,233
Median Household Income
$27,038
Median Earnings
$987
Median Rent
$103,000
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

Frequently Asked Questions

What type of property is this?
Medical Office Space - Former dental facility with existing medical improvements, dedicated parking, and pylon signage.
Where is this medical office space located?
The property is located at 4965 West Commerce Street San Antonio, TX.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: 3,073 SF freestanding commercial building; Former dental office with existing medical‑style improvements; Signalized corner at W. Commerce Street and N. San Felipe Street
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