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$ 3,800,000
Est. payment | /mo
31,320 SqFt
$ 3,800,000
Est. payment | /mo
31,320 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Improved Prop
Listing Status Active
Purchase Type For Sale
Square Footage 31,320 sqft
Price per Sqft $121
MLS Listing ID 2003453
Construction Status Brick
Year Built 1980
Annual Tax Amount $93,642
Property Sub-Type Commercial Improved Prop
Property Description
Medical Office Investment Opportunity | Priced Below Appraised Value for Immediate Sale Position your portfolio with this exceptional value-add medical office investment in one of San Antonio's most established healthcare and business corridors. Strategically located near the intersection of Interstate 10 and Wurzbach Road, this 31,320-square-foot, two-story medical office building sits on 1.2 acres and is being offered at $3,800,000-well below the 2026 Bexar Appraisal District value of $4,673,210, creating an outstanding opportunity for investors seeking immediate equity. Currently operating as a medical office building, the property offers flexible suite sizes ranging from 395 SF to 3,957 SF, making it ideal for physicians, specialists, therapists, imaging, wellness providers, and other healthcare professionals. Available space is offered at $24.00 PSF annually ($2.00 PSF monthly), providing an leasing opportunity in a market with continued demand for medical office space. Generating a 8.31 cap rate, this Class C asset combines income with future upside through lease-up and rent optimization. Property Highlights * Sale Price: $3,800,000 * Appraised Value: $4,673,210 (Bexar Appraisal District) * 31,320 SF two-story medical office building * 1.2-acre site * 8.31 Cap Rate * Medical office use with flexible suite configurations * Suites available from 395 SF to 3,957 SF * Lease Rate: $24.00 PSF annually ($2.00 PSF/month) * Excellent opportunity for investors or owner-users Premier Central Location Located just minutes from Downtown San Antonio and the South Texas Medical Center, the property offers outstanding accessibility for patients, physicians, and employees. Its central location provides convenient access to Interstate 10, Loop 410, and major healthcare facilities, making it an ideal destination for medical and professional office users. The surrounding area is one of San Antonio's most established healthcare markets, with a strong concentration of hospitals, specialty clinics, outpatient facilities, and medical professionals. Continued population growth and increasing demand for outpatient healthcare services support long-term demand for quality medical office space in this corridor. Exceptional Visibility & Accessibility The property benefits from exposure to one of San Antonio's busiest transportation corridors. Interstate 10 carries well over 200,000 vehicles per day in this area, while Wurzbach Road experiences approximately 35,000-45,000 vehicles daily, providing exceptional visibility and convenient access for tenants and visitors. Whether you're seeking a stabilized investment with immediate cash flow, a value-add medical office opportunity, or an owner-user property in a high-demand healthcare corridor, this offering delivers outstanding value at a price significantly below appraised value. With strong demographics, exceptional accessibility, and growing demand for medical office space, this is a rare opportunity to acquire a centrally located healthcare asset at a compelling basis.
Location
State TX
County Bexar
Area 0400
Zoning I-1
Exterior
Garage Spaces 90.0
Utilities Available Electricity, Water, Telephone, Sewer
Roof Type Other
Building
Foundation Slab
Construction Status Brick
Schools
School District Call District
Others
Acceptable Financing Lease or Sale, Cash, Conventional
Listing Terms Lease or Sale, Cash, Conventional
Listed by Pierre Vasquez • Uriah Real Estate Organization • (210) 542-4000
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