300 Kitty Hawk RdUniversal City, TX 78148

  • Office properties
  • 15,267 SF
For Lease
$13/SF/YR View listing

Property Details for 300 Kitty Hawk Rd

Year built
1974
Lot size
3.99 AC
Property size (Sq ft)
15,267 SF
Property type
Office properties
Property subtype
Other office properties
APN
05053-840-0051
APU
50538400051

Description

This exceptional Universal City, TX commercial property at 300 Kitty Hawk Rd (near Pat Booker Rd), offers 32,640 square feet of versatile space, ideal for various uses. The two-story building, constructed in 1974 and renovated in 1996, features 7 suites with a minimum divisible space of 500 square feet and a maximum contiguous space of 5,400 square feet. Currently, 7,000 square feet is vacant. The property sits on 3.9 acres and boasts 120 parking spaces, 11-foot ceilings, and electric power. Zoned C3, it's conveniently located near Randolph Air Force Base and offers easy access to Loop 1604 and I-35. The property is classified as Class C and has a tax cost per square foot of $1.85. Multiple tenancy options are available, making it suitable for a range of businesses, from traditional and executive offices to medical offices and creative office spaces, even daycare facilities. This location provides high visibility and accessibility, making it an attractive opportunity for businesses seeking a strong presence in a thriving area. The property's size and layout offer flexibility for various business needs, with ample space for expansion or customization.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,688,504
    6.5%
    $3,404,773
    7%
    $3,161,575
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,469,731
    Geo Method
    $3,469,731
  • Alternative Use

    Use
    Valuation
    Residential
    $4,221,918
    Hospitality
    $3,867,255
    Educational
    $3,217,510
    Medical
    $3,328,166
    Retail
    $5,005,016
300 Kitty Hawk Rd, Universal City, Texas

Location Insight

City
Universal City
County
Bexar
State
Texas
Latitude
29.5509
Longitude
-98.3044
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
$56,019
$1,051,250
$1,389,150
$2,440,400
-
$1,051,250
$1,389,150
$2,440,400

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