120 Mesquite StSan Antonio, TX 78202

Property Details for 120 Mesquite St

Year built

1980

Lot size

0.26 AC

Property size (Sq ft)

5,669 SF

Property type

Office properties

APN

00591-004-0120

APU

5910040120

Description

This exceptional 5,669 square foot medical office building in San Antonio, Texas, presents a unique investment or owner-occupier opportunity. Located at 120 N Mesquite St, this Class C property, built in 1980, offers a turnkey solution for healthcare professionals. The building features a robust security system, a recently updated (two years ago) HVAC system, and 10 gated parking spaces. The sale includes an additional 0.129-acre vacant lot across the street, providing potential for expansion or development. Situated near the Alamo Dome in a rapidly gentrifying area, this property offers significant upside potential due to increased foot traffic and visibility. The fenced lot and gated parking ensure a secure and private environment. The asking price is $900,000, translating to $158.76 per square foot. This property is ideal for those seeking a thriving medical practice location in a prime San Antonio setting.

• CAP approach

  CAP return

  Valuation

  6%

  $1,373,833

  6.5%

  $1,268,153

  7%

  $1,177,571

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,288,394

  Geo Method

  $1,288,394

• Alternative Use

  Use

  Valuation

  Residential

  $1,572,510

  Hospitality

  $1,440,411

  Educational

  $1,198,405

  Medical

  $1,239,620

  Retail

  $1,864,185

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4217

Longitude

-98.4743

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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