Standalone Medical Office
For Sale
$599,999
5318 Summit, San Antonio, TX 78228
Standalone medical office on a 0.55-acre lot with parking space and a current dental laboratory setup.
Property Size2,920 SF
Lot Size0.55 Acres
Price / SF$205.48
Days on Market345
Property Features for 5318 Summit
General Information
Standard status
Active
Size
2,920 SF
Lot size
0.55 Acres
Property subtype
General Commercial
Additional Details
Business Included
Yes
Amenities
3
C-1
20 Parking Spaces.
Building Details
Year Built
1977
Listing Agency:
Compass RE Texas, LLC - SA
(210) 361-6000
Listed By:
Michael Harper
Source:
Xome
Added: Sep 28, 2025
Changed: Sep 1
Last Checked: Sep 6 at 4:41AM
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 Compass RE Texas, LLC - SA
Investment Insights
Based on property information with market context.
Standalone medical office building totaling 2,920 sq ft, situated on a 0.55-acre lot with room for parking and site improvements. The property is currently operating as a dental laboratory serving dentists, and includes an owner-user or investor layout designed for privacy and clear branding.
Located along Summit Parkway in a growing San Antonio corridor, the site offers convenient connectivity to surrounding commercial areas and major thoroughfares. The area is described as an established mix of residential neighborhoods, medical services, and everyday retail.
With a standalone configuration and more than half an acre of land, the property provides flexibility not commonly found in office assets of this size. The remarks also note that with an approved offer, dental implant equipment will convey, supporting continued use or repurposing for another professional or healthcare-related facility.
Located along Summit Parkway in a growing San Antonio corridor, the site offers convenient connectivity to surrounding commercial areas and major thoroughfares. The area is described as an established mix of residential neighborhoods, medical services, and everyday retail.
With a standalone configuration and more than half an acre of land, the property provides flexibility not commonly found in office assets of this size. The remarks also note that with an approved offer, dental implant equipment will convey, supporting continued use or repurposing for another professional or healthcare-related facility.
Key Highlights
- 2,920 sq ft standalone medical office building on a 0.55‑acre lot
- 20 parking spaces for patients and staff
- Zoned C‑1
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
$39,796
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
6.63%
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%
$795,920
$795.9K
Cap Rate 7%
$568,514
$568.5K
Cap Rate 9%
$442,178
$442.2K
Market Conditions
NOI Build-Up for 2,920 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
$64.5K $22.08/SF
− Vacancy
−$11.4K −$3.91/SF
EGI
$53.1K $18.17/SF
− OpEx
−$13.3K −$4.54/SF
NOI
$39.8K $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 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%
$795,920
Cap Rate 7%
$568,514
Cap Rate 9%
$442,178
Alternative Uses
Best Use
Office B
$568.5K
$497.5K – $663.3K
NOI $39,796 @ 7.0% cap · market cap 6.63%
Second Best
Healthcare Medical
$481.1K
$421.0K – $561.3K
NOI $33,680 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$744.8K
$651.7K – $869.0K
NOI $52,139 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78228, TX
56,369
Population
21,397
Households
2.6
Avg Household Size
37
Median Age
14%
College-Educated
74%
High-School Grad
10.9 sq mi
ZIP Area
5,171
Density / Sq Mi
$50,865
Median Household Income
$30,811
Median Earnings
$1,004
Median Rent
$164,700
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Standalone medical office on a 0.55-acre lot with parking space and a current dental laboratory setup.
Where is this medical office space located?
The property is located at 5318 Summit San Antonio, TX.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 2,920 sq ft standalone medical office building on a 0.55‑acre lot; 20 parking spaces for patients and staff; Zoned C‑1
