16414 San Pedro AveSan Antonio, TX 78232

For Lease
$27/SF/YR View listing
  • Office properties
  • 134,376 SF

Property Details for 16414 San Pedro Ave

Year built
1985
Lot size
3.66 AC
Property size (Sq ft)
134,376 SF
Property type
Office properties
APN
16482-002-0041
APU
164820020041

Description

Thousand Oaks Tower presents a unique investment opportunity in North Central San Antonio. This newly upgraded, ten-story Class B office building boasts 140,980 square feet of versatile space, ideal for a variety of uses including traditional, medical, executive, and creative office tenants. Built in 1985 and extensively renovated in 2024, the property offers modern amenities designed to attract and retain top-tier tenants. The building sits on a 3.66-acre lot and features 644 parking spaces, ensuring ample convenience for employees and visitors. Multiple tenancy options are available, providing flexibility for various business needs. Elevators are present for easy access to all floors. The property is zoned B-3 and its Bexar County APN is 16482-002-0042. Tenants will enjoy a newly renovated cafe, regular visits from food trucks, and access to a shared conference room, reflecting a commitment to fostering a productive and collaborative work environment. This prominent location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a modern and well-equipped workspace in a thriving area of San Antonio. The building's recent renovation ensures that it meets the demands of today's modern workforce.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $26,960,442
    6.5%
    $24,886,562
    7%
    $23,108,950
  • Comparable approach

    Method
    Valuation
    Relative Method
    $30,539,634
    Geo Method
    $30,539,634
  • Alternative Use

    Use
    Valuation
    Residential
    $30,859,336
    Hospitality
    $28,266,986
    Educational
    $23,517,802
    Medical
    $24,326,614
    Retail
    $36,583,248
16414 San Pedro Ave, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5916
Longitude
-98.4724
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
$424,663
$2,590,730
$15,909,270
$18,500,000
-
$2,590,730
$15,909,270
$18,500,000

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