303 Quincy StSan Antonio, TX 78215

  • Medical offices
  • 17,514 SF
For Lease
$25/SF/YR View listing

Property Details for 303 Quincy St

Year built
1960
Lot size
1.25 AC
Property size (Sq ft)
17,514 SF
Property type
Medical offices
Property subtype
Medical centers
APN
00809-009-0130
APU
8090090130

Description

This exceptional two-story Class B medical office building, located in the heart of San Antonio's Central Business District (CBD) at 303 E Quincy St, 78215, presents a unique investment opportunity. Built in 1960, the property boasts a total of 17,514 square feet across one building, offering multiple suites for lease. The building is currently configured to accommodate a variety of medical or professional office tenants. Individual suites range from a minimum of 731 square feet to a maximum contiguous space of 4,214 square feet, providing flexibility for businesses of various sizes. With a total of three suites available, this property is ideal for both established practices seeking expansion and new ventures looking for a prime location. The building's central location within the CBD offers excellent visibility and accessibility, ensuring high traffic and convenient access for patients and clients. This is a rare opportunity to acquire a well-situated medical office building in a thriving urban core. The property's solid construction and established presence in the San Antonio market make it an attractive investment for long-term growth and stability. The building's existing infrastructure provides a solid foundation for immediate occupancy or potential renovations to suit specific tenant needs. This is a turnkey opportunity to own a valuable asset in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,924,930
    6.5%
    $3,623,010
    7%
    $3,364,220
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,980,410
    Geo Method
    $3,980,410
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,965,330
    Retail / Commercial
    $3,921,620
    Mixed-Use / Specialty
    $3,779,220
    Hospitality / Lodging
    $2,605,490
    Institutional / Educational
    $3,882,960
    Residential Income
    $4,543,070
    Multifamily
    $6,160,640
    Automotive / Energy
    $3,328,260
    Parking / Income-Based Land
    $1,275,420
    Restaurant / Food Service
    $1,691,530
    Healthcare / Senior Housing
    $4,007,210

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4364
Longitude
-98.4918
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
$91,798
$3,681,550
$1,000
$3,682,550
-
$3,681,550
$1,000
$3,682,550

FAQs

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