6422 Babcock RdSan Antonio, TX 78249

  • Community centers
  • 15,249 SF
For Lease
$32/SF/YR View listing

Property Details for 6422 Babcock Rd

Year built
2009
Lot size
1.80 AC
Property size (Sq ft)
15,249 SF
Property type
Community centers
APN
16099-015-0060
APU
160990150060

Description

This exceptional retail property, located at 6422 Babcock Road in Northwest San Antonio, offers 3,000 square feet of space, with 1,000 square feet currently available for lease. Situated on the corner of Babcock Road and Prue Road, this location boasts excellent visibility and high traffic counts, drawing customers from the nearby Medical Center, UT San Antonio (UTSA), and USAA headquarters. The property is within a three-mile radius of these key destinations, ensuring a strong customer base. The building features great curb appeal and ample parking. The available space is ideal for office or retail use and is ready for immediate occupancy as a white box space. The building is part of an established retail center surrounded by fully developed residential areas, providing a stable and growing market. This prime location offers quick access to Interstate 10 and Loop 1604, enhancing accessibility and convenience. The lease rate is $23 per square foot base rent, plus $6.50 per square foot in NNN expenses. This is a fantastic opportunity for businesses seeking high visibility and a strategic location in one of San Antonio's fastest-growing areas. Don't miss out on this chance to establish your business in a thriving commercial hub. Contact us today to schedule a showing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,925,550
    6.5%
    $3,623,580
    7%
    $3,364,760
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,604,270
    Geo Method
    $3,604,270
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,066,970
    Mixed-Use / Specialty
    $3,610,410
    Hospitality / Lodging
    $2,648,510
    Office
    $3,588,700
    Institutional / Educational
    $3,753,280
    Residential Income
    $4,391,340
    Multifamily
    $5,268,140
    Automotive / Energy
    $3,217,100
    Parking / Income-Based Land
    $1,110,430
    Restaurant / Food Service
    $1,877,260
    Healthcare / Senior Housing
    $3,702,670

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5464
Longitude
-98.6154
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
$94,164
$1,414,250
$2,685,750
$4,100,000
-
$1,414,250
$2,685,750
$4,100,000

FAQs

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