1314 Constantinople St - Medical FOR SALE


Castroville, TX 78009
$3,000,000 USD
310-774-2163
1314 Constantinople St, Castroville, TX for Sale
$3,000,000 USD
Medical - FOR SALE
1/6
null | 6.18% Cap Rate

1314 Constantinople St
Castroville, TX 78009


HIGHLIGHTS

  • Stable, Recession-Resistant Income Stream
  • Long-Term Leases with Renewal Potential
  • Prime Suburban Location with Growth Tailwinds
  • Low-Maintenance, Investor-Friendly Structure
  • Essential Healthcare Tenants

OVERVIEW

1314 Constantinople Street is a premier, fully leased medical office building located in the heart of Castroville, Texas—the charming “Little Alsace of Texas”—just 25 miles west of downtown San Antonio. This 5,028 square foot, single-story asset sits on a 17,298 square foot lot (APN: 13647) and was originally constructed in 1988, with comprehensive renovations completed in 2019 and 2022. The property is being offered at $3,000,000, representing a compelling 6.18% cap rate based on in-place Net Operating Income (NOI) of approximately $185,460 in Year 1. The building benefits from a strategic suburban location along the booming US Highway 90 corridor, where rapid residential growth— including over 7,000 new home starts—has driven median home prices up 41.2% year-over-year to $570,000. This expansion supports increasing demand for essential healthcare services, positioning the property in a high-growth market with strong demographic tailwinds.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$597 USD /SF

CAP RATE

6.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

-

APN/PARCEL ID

13647

ASK ABOUT THIS PROPERTY

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310-774-2163

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310-774-2163

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