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Professional Office Building with Waiting Area
For Sale
$1,150,000

San Antonio, TX 78249, San Antonio, TX 78249

Turnkey 2,650-square-foot office building configured for a medical practice with private offices, waiting area, and soundproofing.

Property Size2,650 SF
Price / SF$433.96
Days on Market101

Property Features

General Information

Standard status Active
Size 2,650 SF
Property subtype Business/Professional Park

Building Details

Year Built 2008
Listing Agency: Century 21 Scott Myers, REALTORS
Listed By: Norman Muller
Source: Pioneerrealtypartners
Added: Jun 29 Changed: Oct 6 Last Checked: Oct 7 at 12:28PM

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 Century 21 Scott Myers, REALTORS

Investment Insights

Based on property information with market context.

This finished professional office building totals 2,650 square feet and is currently configured as a medical practice. The interior layout includes multiple private offices, a waiting area, two restrooms, and a staff break room, along with supporting spaces for day-to-day operations. The property also features specialized soundproofing between offices and zoned HVAC for comfort and privacy.

The building is located within Shavano Commons Business Park in Northwest San Antonio. The floor plan is designed for professional use and is described as adaptable for other professional service businesses.

As presented, the property offers an owner-user or investor a turnkey office asset with executive-level finishes and a functional, client-facing waiting area.

Key Highlights

  • 2,650‑square‑foot professional office building built in 2008 in Shavano Commons Business Park
  • Currently configured as a medical practice, with layout adaptable for other professional office uses
  • Includes multiple private offices, a waiting area, two restrooms, and a staff break room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,117
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$722,340 $722.3K
Cap Rate 7%
$515,957 $516.0K
Cap Rate 9%
$401,300 $401.3K
Market Conditions
NOI Build-Up for 2,650 SF
Gross rent
$58.5K $22.08/SF
− Vacancy
−$10.4K −$3.91/SF
EGI
$48.2K $18.17/SF
− OpEx
−$12.0K −$4.54/SF
NOI
$36.1K $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%
$722,340
Cap Rate 7%
$515,957
Cap Rate 9%
$401,300

Alternative Uses

Best Use
Office B
$516.0K
$451.5K – $602.0K (±1% cap)
NOI $36,117 @ 7.0% cap · market cap 3.14%
Second Best
Healthcare Medical
$436.7K
$382.1K – $509.4K (±1% cap)
NOI $30,566 @ 7.0% cap · market cap 2.66%
Theoretical Best
Office A
$676.0K
$591.5K – $788.6K (±1% cap)
NOI $47,318 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

346
Businesses Nearby
Under-served
Demand for This Use

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
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Turnkey 2,650-square-foot office building configured for a medical practice with private offices, waiting area, and soundproofing.
Where is this medical office space located?
The property is located at San Antonio, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 2,650‑square‑foot professional office building built in 2008 in Shavano Commons Business Park; Currently configured as a medical practice, with layout adaptable for other professional office uses; Includes multiple private offices, a waiting area, two restrooms, and a staff break room
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