1705 Military DrSan Antonio, TX 78221

  • Retail space
  • 6,336 SF
For Lease
$25/SF/YR View listing

Property Details for 1705 Military Dr

Year built
1975
Lot size
0.34 AC
Property size (Sq ft)
6,336 SF
Property type
Retail space
APN
08934-003-0110
APU
89340030110

Description

This exceptional single-story, 7,113-square-foot commercial building at 1705 S.W. Military Dr. in San Antonio, Texas, presents a unique investment opportunity. Classified as a Class B property, it features a flexible layout ideal for medical or retail tenants. The building is situated on a 0.34-acre lot and is zoned C2, allowing for a variety of uses. Currently, there are three suites available, with a total of 3,300 square feet of vacant space. Individual suites range from a minimum of 1,758 square feet to a maximum contiguous space of 3,300 square feet, offering flexibility for businesses of varying sizes. The property boasts a convenient location within the retail submarket of San Antonio, TX, zip code 78221. While the building does not include elevators, its single-story design ensures easy accessibility. This property is perfect for a medical practice seeking expansion or a retail business looking for a high-visibility location. The building's multiple suite configuration allows for diverse tenancy options, providing potential for strong rental income. Serious inquiries are encouraged to explore this prime commercial real estate opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,694,816
    6.5%
    $1,564,446
    7%
    $1,452,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,628,756
    Geo Method
    $3,628,756
  • Alternative Use

    Use
    Valuation
    Residential
    $1,319,668
    Hospitality
    $1,208,809
    Educational
    $1,005,715
    Medical
    $1,040,303
    Retail
    $1,564,446

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.357
Longitude
-98.5201
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
$30,510
$239,290
$960,710
$1,200,000
-
$239,290
$960,710
$1,200,000

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