2414 Babcock RdSan Antonio, TX 78229

Property Details for 2414 Babcock Rd

Year built

1985

Lot size

2.82 AC

Property size (Sq ft)

21,192 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

11609-002-0220

APU

116090020220

Description

Snowden Plaza, located at 2414-2424 Babcock Rd, San Antonio, TX 78229, presents a compelling investment opportunity in a thriving mixed-use setting. This three-story, Class B building, constructed in 1985, offers 11,681 square feet of versatile space, ideally suited for executive offices and medical practices. The property sits on a 2.82-acre lot and is zoned C2/C3, allowing for a range of uses. Currently, there are multiple tenants, with 4,977 square feet of vacant space available. Individual suites range from a minimum of 1,851 square feet to a maximum contiguous space of 3,126 square feet, providing flexibility for businesses of varying sizes. The building's convenient location near the intersection of Babcock Road and Wurzbach Road, in close proximity to the San Antonio Medical Center, ensures high visibility and accessibility. This property offers a unique blend of established tenancy and readily available space, making it an attractive option for businesses seeking a well-situated and functional office environment in a dynamic area of Bexar County. The building's features include a mix of office and open space, along with amenities such as break rooms and IT rooms. This is a rare opportunity to secure prime office space in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,455,450

  6.5%

  $5,035,800

  7%

  $4,676,100

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,008,960

  Geo Method

  $5,008,960

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,821,180

  Mixed-Use / Specialty

  $5,017,500

  Hospitality / Lodging

  $3,680,720

  Office

  $4,987,320

  Institutional / Educational

  $5,216,050

  Residential Income

  $6,102,780

  Multifamily

  $7,321,300

  Automotive / Energy

  $4,470,900

  Parking / Income-Based Land

  $1,543,200

  Restaurant / Food Service

  $2,608,890

  Healthcare / Senior Housing

  $5,145,710

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.5054

Longitude

-98.5861

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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