Medical Office Condo
For Sale
$325,000
8265 FREDERICKSBURG SAN ANTONIO TX 78229, San Antonio, TX 78229
Medical office condo located within Seville Office Park in Bexar County.
Property Size1,001 SF
Price / SF$324.68
Days on Market203
Property Features for 8265 FREDERICKSBURG SAN ANTONIO TX 78229
General Information
Standard status
Active
Size
1,001 SF
Property subtype
Office/Medical/Prof Bldg
Zoning
C2-S
Building Details
Year Built
1984
Listing Agency:
Kuper Sotheby's Int'l Realty
(210) 698-3100
Listed By:
Sandra De La Garza
Source:
Kwsanantonio
Added: Feb 6
Changed: Aug 23
Last Checked: Aug 28 at 6:52AM
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 Kuper Sotheby's Int'l Realty
Investment Insights
Based on property information with market context.
This medical office condo suite is located within Seville Office Park Condo, offering a dedicated space for professional office use. The property is listed for sale in Bexar County and is accessed through the office park’s internal drive.
Access directions indicate traveling from I-10 to Hubner Rd toward Fredericksburg Rd, turning left onto Fredericksburg Rd, then after 1.9 miles turning right into Seville Office Park Condo. From there, you take a right and then a left, with the building located on the right side.
Additional details such as interior layout, unit improvements, and specific suite configuration are not provided in the information available. For complete operating and accommodation details, confirm directly with the listing broker.
Access directions indicate traveling from I-10 to Hubner Rd toward Fredericksburg Rd, turning left onto Fredericksburg Rd, then after 1.9 miles turning right into Seville Office Park Condo. From there, you take a right and then a left, with the building located on the right side.
Additional details such as interior layout, unit improvements, and specific suite configuration are not provided in the information available. For complete operating and accommodation details, confirm directly with the listing broker.
Key Highlights
- Medical office condo located within Seville Office Park in Bexar County
- Central air conditioning and central heating
- Built in 1984
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
$13,643
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
4.20%
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%
$272,860
$272.9K
Cap Rate 7%
$194,900
$194.9K
Cap Rate 9%
$151,589
$151.6K
Market Conditions
NOI Build-Up for 1,001 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
$22.1K $22.08/SF
− Vacancy
−$3.9K −$3.91/SF
EGI
$18.2K $18.17/SF
− OpEx
−$4.5K −$4.54/SF
NOI
$13.6K $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%
$272,860
Cap Rate 7%
$194,900
Cap Rate 9%
$151,589
Alternative Uses
Best Use
Office B
$194.9K
$170.5K – $227.4K
NOI $13,643 @ 7.0% cap · market cap 4.20%
Second Best
Healthcare Medical
$164.9K
$144.3K – $192.4K
NOI $11,546 @ 7.0% cap · market cap 3.55%
Theoretical Best
Office A
$255.3K
$223.4K – $297.9K
NOI $17,874 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,018
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78229, TX
33,135
Population
19,149
Households
1.7
Avg Household Size
31
Median Age
31%
College-Educated
86%
High-School Grad
5.8 sq mi
ZIP Area
5,713
Density / Sq Mi
$46,718
Median Household Income
$32,888
Median Earnings
$1,234
Median Rent
$206,400
Median Home Value
Market
Vacancy Rate% for Office in San Antonio, TX
Questions? Ask Rey
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Similar Off Market Nearby
- Audie Murphy Memorial Vet Hospital: Herrman Terry MD — 7400 Merton Minter, San Antonio, TX 78229
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office condo located within Seville Office Park in Bexar County.
Where is this medical office space located?
The property is located at 8265 FREDERICKSBURG SAN ANTONIO TX 78229 San Antonio, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Medical office condo located within Seville Office Park in Bexar County; Central air conditioning and central heating; Built in 1984
