32685 Us-281Bulverde, TX 78163

Property Details for 32685 Us-281

Year built

2004

Lot size

7.45 AC

Property size (Sq ft)

9,960 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional investment opportunity presents a 9,960 square foot, single-story office building situated on a 7.45-acre lot in Bulverde, Texas. The property, located at 32685 US-281, zip code 78163, Comal County, boasts five units currently at 35% occupancy, offering significant upside potential for increased rental income. Built in 2004, this Class B building features a C-2 zoning designation, allowing for diverse commercial uses. The property includes ample parking (5 spaces per 1,000 sq ft) and is conveniently located along US Highway 281 N, providing high visibility and accessibility. The asking price is $3,400,000, translating to $341.37 per square foot. This value-add investment is ideal for an owner-operator seeking to increase occupancy and rental rates. The property is a multi-tenant building with two current tenants and a gross lease structure. No tenant credit rating is available. The property is not subject to a ground lease. This prime location in the far north central area offers proximity to prominent business and retail centers, promising strong future growth. The building's modern amenities and well-maintained infrastructure further enhance its appeal.

Location Insight

City

Bulverde

County

Comal

State

Texas

Latitude

29.7789

Longitude

-98.4262

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