2735 Austin HwySan Antonio, TX 78218

Property Details for 2735 Austin Hwy

Year built

1977

Lot size

8.70 AC

Property size (Sq ft)

94,676 SF

Property type

Auto shops

APN

12167-000-0340

APU

121670000340

Description

This exceptional sublease opportunity presents a fully furnished, 83,050-square-foot single-story office building situated at 2735 Austin Hwy, San Antonio, TX 78218. The property, classified as Class B, boasts a convenient location with easy access to major thoroughfares including IH-35, Loop 410, and Austin Highway. Built in 1977 and situated on an 8.7-acre lot, the building features a modernized lobby, newly painted interiors, fresh carpeting, and updated skylights and exterior windows. The extensive renovations enhance the functionality and aesthetic appeal of this traditional and creative office space. The zoning is C-3, allowing for a variety of commercial uses. The building is Energy Star certified, reflecting a commitment to energy efficiency. This single-tenant occupancy offers a unique chance to secure a substantial and well-maintained office space in a prime San Antonio location. The property's size and features make it ideal for a company seeking a significant footprint in a thriving commercial area. The included furniture further streamlines the move-in process, minimizing disruption and maximizing efficiency. This is a rare opportunity to acquire a turnkey office solution in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $26,121,260

  6.5%

  $24,111,932

  7%

  $22,389,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $54,222,876

  Geo Method

  $54,222,876

• Alternative Use

  Use

  Valuation

  Residential

  $20,339,316

  Hospitality

  $18,630,704

  Educational

  $15,500,528

  Medical

  $16,033,614

  Retail

  $24,111,932

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.5131

Longitude

-98.4059

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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