Standalone Medical Office
5318 Summit San Antonio, TX 78228
5318 Summit, San Antonio, TX, 78228
$550,000
For Sale
$550,000
Standalone medical office building on a half-acre lot, currently operated as a dental laboratory.
Property Size2,920 SF
Lot Size0.55 Acres
Price / SF$188.36
Days on Market135
Property Features for 5318 Summit
General Information
- Standard status
- Active
- Size
- 2,920 SF
- Lot size
- 0.55 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing agency
Compass Re Texas, LLC - Sa
(210) 361-6000
Listed by
Michael Harper
(210) 361-6000
Source
Southtexasrealtyservices
Added: Mar 11 Updated: Jul 22 at 9:20PM Checked: Jul 22 at 9:20PM
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.
A standalone medical office building totaling 2,920 square feet, situated on a 0.55-acre lot. The property is currently operating as a dental laboratory serving dentists, and the layout supports a dedicated, operational environment with space for clear branding.
The building is positioned along Summit Parkway, providing convenient connectivity to surrounding commercial corridors and major thoroughfares. The site sits within an established area of San Antonio surrounded by residential neighborhoods, medical services, and everyday retail.
With more than half an acre of land, the property offers flexibility for on-site improvements and parking potential. An approved offer includes dental implant equipment to convey, creating a direct fit for a buyer seeking to continue a related operation or adapt the space for another professional use.
The building is positioned along Summit Parkway, providing convenient connectivity to surrounding commercial corridors and major thoroughfares. The site sits within an established area of San Antonio surrounded by residential neighborhoods, medical services, and everyday retail.
With more than half an acre of land, the property offers flexibility for on-site improvements and parking potential. An approved offer includes dental implant equipment to convey, creating a direct fit for a buyer seeking to continue a related operation or adapt the space for another professional use.
Key Highlights
- Standalone medical office building (2,920 sq ft) built in 1977
- On a 0.55‑acre lot along Summit Parkway with room for parking and site improvements
- Currently operating as a dental laboratory serving dentists
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.5k | $22.08 |
| − Vacancy | −$11.4k | −$3.91 |
| EGI | $53.1k | $18.17 |
| − OpEx | −$13.3k | −$4.54 |
| NOI | $39.8k | $13.63 |
2,920 SF · lease $22.08/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$568.5K
$497.5K – $663.3K
NOI $39,796 @ 7.0% cap · market cap 7.24%
Second Best
Healthcare Medical
$481.1K
$421.0K – $561.3K
NOI $33,680 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$744.8K
$651.7K – $869.0K
NOI $52,139 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Blue Cross Pet Hospital — San Antonio, TX 78228
FAQs
What type of property is this?
Medical Office Space - Standalone medical office building on a half-acre lot, currently operated as a dental laboratory.
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 $550,000.
What are key features of this property?
This property features: Standalone medical office building (2,920 sq ft) built in 1977; On a 0.55‑acre lot along Summit Parkway with room for parking and site improvements; Currently operating as a dental laboratory serving dentists
