1927 Rogers RdSan Antonio, TX 78251

  • Medical offices
  • 6,806 SF
For Sale
$4,250,000 View listing

Property Details for 1927 Rogers Rd

Year built
2013
Lot size
0.94 AC
Property size (Sq ft)
6,806 SF
Property type
Medical offices
Property subtype
Medical centers
APN
17642-051-0050
APU
176420510050

Description

This exceptional 6,753-square-foot medical office building, situated on a 1.33-acre lot in San Antonio, Texas, presents a unique investment opportunity. Built in 2014, this Class B, single-story building is currently vacant and available for sale at $4,250,000 ($629.35/sq ft). The property features a complete build-out ideal for a wide array of surgical procedures, including a vacuum system, medical gas system, generator, server room, overhead surgical lighting, and office furniture. Previously licensed by THHS, this turnkey facility is ready for immediate occupancy. Its prime location within Westover Medical Park, between Rogers Road and Hwy 151 Access Road near the Military Drive overpass, offers excellent visibility and accessibility. The property benefits from its proximity to major medical facilities, including Christus Santa Rosa, Westover Hills Baptist, and the Northwest San Antonio VA Campus, ensuring a strong patient referral base. Furthermore, its adjacency to a 40-bed PAM Health Warm Springs Rehabilitation Hospital provides significant synergy and convenience for patients. This NNN-leased property represents a compelling investment opportunity in a thriving medical market. The property is located at 1927 Rogers Rd, San Antonio, TX 78251, in Bexar County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,265,094
    6.5%
    $1,167,779
    7%
    $1,084,366
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,546,800
    Geo Method
    $1,546,800
  • Alternative Use

    Use
    Valuation
    Residential
    $1,448,046
    Hospitality
    $1,326,402
    Educational
    $1,103,551
    Medical
    $1,141,504
    Retail
    $1,716,635

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4523
Longitude
-98.684
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
$67,612
$754,530
$2,189,370
$2,943,900
-
$754,530
$2,189,370
$2,943,900

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