Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7602 Mccullough Ave San Antonio, TX 78216
    Back to Search
    Property profile & analytics

    7602 Mccullough Ave, San Antonio, TX 78216

    View on Map
    • Retirement homes
    • 1,885 SF
    • 0.21 lot acres
    Off-Market
    Property ID
    US82-2132186
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retirement homes

    Property Details for 7602 Mccullough Ave

    Year built
    1954
    Lot size
    0.21 lot acres
    Property type
    Retirement homes
    Property subtype
    Residential income homes

    Description

    This exceptional 1,885 square foot senior living facility, completely renovated in 2024, presents a unique investment opportunity in San Antonio, Texas. Located at 7602 McCullough Ave, in Bexar County, zip code 78216, this property sits on a 0.211-acre lot and offers six parking spaces, including secure rear parking with alley access and a sliding gate. The building, originally constructed in 1954, has been meticulously updated to provide spacious and accessible living areas, perfect for assisted living or rehabilitation services. High-quality finishes and ample natural light create a welcoming atmosphere. Its prime urban location ensures convenient access to medical facilities, shopping, and recreational amenities, benefiting both residents and their families. The property's strategic corner location within a popular neighborhood adds to its appeal. This turnkey operation is ready for immediate occupancy and offers significant potential for a thriving senior care business. The asking price is $325,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Antonio
    County
    Bexar
    State
    Texas
    Longitude
    -98.4914499
    Latitude
    29.50452

    Comparable in this City

    • Contact for pricing
      3,100 SF

      Two-Story Office Building For Sale

      3,100 SF office building with flexible layout and parking.
      7303 Blanco Rd, San Antonio, TX 78216
      View Details
    • $749,000
      6,432 SF

      San Antonio Multifamily Investment Opportunity

      Six-unit multifamily property in North Central San Antonio.
      602 Chauncey Dr, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Commercial Lot Near Airport

      Commercial lot near the airport, zoned I-1.
      243 Wolfe Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Retail Property for Sale

      Retail property available for purchase in San Antonio, Texas.
      226 W Rector St, San Antonio, TX 78216
      View Details
    • $749,000

      San Antonio Multifamily Investment Opportunity

      Six-unit multifamily property with value-add potential in San Antonio.
      602 Chauncey Dr, San Antonio, TX 78216
      View Details
    • New
      $245,000
      1,680 SF

      Duplex with Open Plan Living

      Duplex for sale featuring an open floor plan and ceramic tile, with two bedrooms per unit.
      1369 Oblate Dr, San Antonio, TX 78216
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,100 SF

      Two-Story Office Building For Sale

      3,100 SF office building with flexible layout and parking.
      7303 Blanco Rd, San Antonio, TX 78216
      View Details
    • $749,000
      6,432 SF

      San Antonio Multifamily Investment Opportunity

      Six-unit multifamily property in North Central San Antonio.
      602 Chauncey Dr, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Commercial Lot Near Airport

      Commercial lot near the airport, zoned I-1.
      243 Wolfe Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Retail Property for Sale

      Retail property available for purchase in San Antonio, Texas.
      226 W Rector St, San Antonio, TX 78216
      View Details
    • $749,000

      San Antonio Multifamily Investment Opportunity

      Six-unit multifamily property with value-add potential in San Antonio.
      602 Chauncey Dr, San Antonio, TX 78216
      View Details
    • New
      $245,000
      1,680 SF

      Duplex with Open Plan Living

      Duplex for sale featuring an open floor plan and ceramic tile, with two bedrooms per unit.
      1369 Oblate Dr, San Antonio, TX 78216
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,250 SF

      San Antonio Medical Office Building

      8,250 SF Single-Tenant Medical Office
      622 Isom Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing

      Retail Space for Sublease

      Retail space available for sublease in San Antonio, Texas.
      6991 San Pedro Ave, San Antonio, TX 78216
      View Details
    • $16 SF/Yr
      3,275 SF

      Serene Office Park Setting

      Office space in a well-located, highly visible office park.
      14855 Blanco Rd, San Antonio, TX 78216
      View Details
    • Contact for pricing
      12,321 SF

      San Antonio Commercial Property For Rent

      Commercial property available for rent in San Antonio, Texas.
      6127 San Pedro Ave, San Antonio, TX 78216
      View Details
    • Contact for pricing
      131,290 SF

      San Antonio Warehouse Space Available

      131,290 square feet of warehouse space for lease.
      118 Interpark Blvd, San Antonio, TX 78216
      View Details
    • Contact for pricing
      51,341 SF

      Versatile San Antonio Commercial Space

      Adaptable property featuring warehouse, retail, and office spaces for lease.
      10130 Jones Maltsberger Rd, San Antonio, TX 78216
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7602 Mccullough Ave
    San Antonio, TX 78216
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7602 Mccullough Ave, San Antonio, TX, 78216
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!