11515 Toepperwein RdLive Oak, TX 78233

  • Medical offices
  • 18,176 SF
For Lease
$17/SF/YR View listing

Property Details for 11515 Toepperwein Rd

Year built
2007
Lot size
1.29 AC
Property size (Sq ft)
18,176 SF
Property type
Medical offices
Property subtype
Medical centers
APN
05937-101-0021
APU
59371010021

Description

This exceptional two-story medical office building, constructed in 2007, presents a unique investment opportunity in the thriving Live Oak, Texas market. Located at 11515 Toepperwein Rd, 78233, this single-building property offers a total of 66 parking spaces and convenient elevator access. The building boasts multiple tenancies, with several suites currently available, ranging in size from 1,364 square feet to 4,281 square feet. The property's previous occupants included a dental practice, a pediatric clinic, and a general medical practice, demonstrating its suitability for a variety of healthcare uses. Its prime location offers unparalleled convenience, situated less than one mile from Methodist Hospital Northeast, ensuring high visibility and accessibility for patients and staff. The building's modern design and ample parking provide a comfortable and efficient environment for medical professionals and their patients. This is an excellent opportunity to acquire a well-maintained, strategically located medical office building in a rapidly growing area. The property's history of successful medical tenancies speaks to its inherent value and potential for continued success. The available suites offer flexibility for various medical practices seeking a well-established and convenient location. Invest in this prime medical real estate opportunity today.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,411,420
    6.5%
    $3,149,003
    7%
    $2,924,074
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,130,860
    Geo Method
    $4,130,860
  • Alternative Use

    Use
    Valuation
    Residential
    $3,904,764
    Hospitality
    $3,576,743
    Educational
    $2,975,808
    Medical
    $3,078,150
    Retail
    $4,629,034
11515 Toepperwein Rd, Live Oak, Texas

Location Insight

City
Live Oak
County
Bexar
State
Texas
Latitude
29.5435
Longitude
-98.3412
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
$73,284
$251,910
$3,173,090
$3,425,000
-
$251,910
$3,173,090
$3,425,000

FAQs

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