1301 Hospital BlvdFloresville, TX 78114

  • Commercial real estate
  • 38,259 SF
For Sale
$1,950,000 View listing

Property Details for 1301 Hospital Blvd

Year built
1960
Lot size
3.77 AC
Property size (Sq ft)
38,259 SF
Property type
Commercial real estate
APN
2710-07000-01200
APU
27100700001200

Description

This exceptional redevelopment opportunity presents a substantial 39,235-square-foot vacant office building situated at 1301 Hospital Blvd in Floresville, Texas, 78114. The property is classified as a Class C building and offers a unique blend of creative office and mixed-use potential. Currently vacant, this single-story structure presents a blank canvas for adaptive reuse, allowing for significant value creation. The asking price is $1,950,000. The property's location in Wilson County provides access to a growing market. The Net Net Net (NNN) lease type offers flexibility for future tenants. This redevelopment project is ideal for investors seeking a significant return on investment in a rapidly developing area. The substantial square footage allows for a variety of uses, catering to diverse business needs. The existing structure provides a solid foundation for a modern and functional space. This is a rare chance to acquire a large-scale property in a desirable location, ripe for transformation into a thriving commercial asset. The property's size and location make it an attractive investment for those seeking a high-impact project with considerable upside potential. The vacant status allows for immediate customization and tenant improvements to suit specific business requirements. This is a prime opportunity to shape the future of commercial real estate in Floresville.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,580,100
    Hospitality
    $9,691,315
    Educational
    $8,063,060
    Medical
    $8,340,361
    Retail
    $12,542,538

Location Insight

City
Floresville
County
Wilson
State
Texas
Latitude
29.13
Longitude
-98.1505
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
$23,365
$252,900
$991,410
$1,244,310
-
$252,900
$991,410
$1,244,310

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