154 Babcock RdSan Antonio, TX 78201

Property Details for 154 Babcock Rd

Year built

1949

Lot size

0.31 AC

Property size (Sq ft)

1,291 SF

Property type

Office properties

APN

08416-002-0061

APU

84160020061

Description

This exceptional San Antonio office property, located at 154 Babcock Rd, presents a compelling owner-user or investment opportunity. The property features two buildings totaling 1,781 square feet of net rentable space on a substantial 13,503.6 square foot lot. Built in 1949, this single-story complex offers a unique blend of character and functionality, ideal for a variety of businesses. The asking price is $375,000, translating to $210.56 per square foot. The property is currently vacant, providing immediate occupancy for an owner-user or the chance to establish rental income for an investor. The lot boasts ample parking, enhanced by recent paving. Its location on Babcock Road and its proximity to Fredericksburg Road offer high visibility and accessibility, benefiting from significant daily traffic volume. The property's layout is well-suited for businesses such as general labor, hair salons, or family practices. This fee simple ownership provides a solid foundation for long-term growth and return on investment. The property's low basis presents a particularly attractive opportunity for investors seeking strong potential rental income, with market rents in the $20 per square foot range. This is a rare chance to acquire a well-located, versatile office property in a thriving San Antonio neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $247,570

  6.5%

  $228,526

  7%

  $212,203

• Comparable approach

  Method

  Valuation

  Relative Method

  $293,406

  Geo Method

  $293,406

• Alternative Use

  Use

  Valuation

  Residential

  $283,372

  Hospitality

  $259,567

  Educational

  $215,957

  Medical

  $223,384

  Retail

  $335,933

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4719

Longitude

-98.5364

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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