18568 Forty Six PkwySpring Branch, TX 78070

  • Office buildings
  • 14,664 SF

Property Details for 18568 Forty Six Pkwy

Year built
2005
Lot size
1.20 AC
Property size (Sq ft)
14,664 SF
Property type
Office buildings
APN
45-0712-0667-00
APU
450712066700

Description

This exceptional office property, located at 18568 Forty Six Pkwy in Spring Branch, Texas (zip code 78070), offers two available suites within a traditional office setting. Situated in the Bulverde submarket of the San Antonio MSA, in Comal County, this property provides convenient access to the greater San Antonio area. The available spaces range in size from a comfortable 642 square feet to a more expansive 2,853 square feet, catering to a variety of business needs and sizes. The building's design incorporates elements of both traditional and executive office spaces, offering a versatile and professional environment. The multiple tenancy structure allows for a flexible and adaptable workspace. This location provides a blend of suburban tranquility and easy access to the amenities and resources of a larger metropolitan area. The property is ideally suited for businesses seeking a well-appointed and conveniently located office space in the thriving San Antonio MSA. Specific suite layouts and lease terms are available upon request. Inquire today to learn more about this outstanding opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,752,259
    6.5%
    $2,540,547
    7%
    $2,359,079
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,332,687
    Geo Method
    $3,332,687
  • Alternative Use

    Use
    Valuation
    Residential
    $3,150,278
    Hospitality
    $2,885,638
    Educational
    $2,400,817
    Medical
    $2,483,385
    Retail
    $3,734,604

Location Insight

City
Spring Branch
County
Comal
State
Texas
Latitude
29.7985
Longitude
-98.4019
CBSA code
41700
CBSA name
SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,948
$580,504
$1,663,826
$2,244,330
-
$580,504
$1,663,826
$2,244,330

FAQs

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