4100 Piedras DrSan Antonio, TX 78228

  • Office properties
  • 27,860 SF
For Lease
$21/SF/YR View listing

Property Details for 4100 Piedras Dr

Year built
1978
Lot size
1.92 AC
Property size (Sq ft)
27,860 SF
Property type
Office properties
APN
14278-005-0010
APU
142780050010

Description

This exceptional 3,938 square foot, two-story executive office building at 4100 E Piedras Dr, San Antonio, TX 78228, presents a unique investment opportunity. Currently fully vacant, the property offers seven individual suites, ranging from 457 to 1,197 contiguous square feet, perfect for a variety of businesses. Built in 1978, this well-maintained building is situated within an established 11-building office park, providing a professional and convenient work environment. The property boasts ample parking, with a ratio of 4.4 spaces per 1,000 square feet. Its strategic location offers easy access to San Antonio International Airport and the Central Business District (CBD), minimizing commute times for employees and clients. The surrounding area is rich with retail amenities, diverse dining options, and abundant shopping opportunities, enhancing the overall appeal and convenience for tenants. This is an ideal opportunity to acquire a fully vacant, multi-tenant office building in a high-demand location, allowing for immediate lease-up and potential for significant return on investment. The property's size and suite configuration provide flexibility for various business needs, making it an attractive option for both single and multi-tenant occupancy. The convenient location and surrounding amenities make this property a highly desirable location for businesses seeking a productive and accessible work environment in San Antonio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,027,828
    6.5%
    $4,641,072
    7%
    $4,309,568
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,331,742
    Geo Method
    $6,331,742
  • Alternative Use

    Use
    Valuation
    Residential
    $5,754,930
    Hospitality
    $5,271,485
    Educational
    $4,385,814
    Medical
    $4,536,648
    Retail
    $6,822,377

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4883
Longitude
-98.5682
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
$54,337
$1,287,310
$892,437
$2,179,747
-
$1,287,310
$892,437
$2,179,747

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