423 Treeline ParkSan Antonio, TX 78209

  • Medical offices
  • 57,736 SF

Property Details for 423 Treeline Park

Year built
2006
Lot size
3.47 AC
Property size (Sq ft)
57,736 SF
Property type
Medical offices
Property subtype
Medical centers
APN
11883-001-0040
APU
118830010040

Description

This exceptional three-story medical office building, known as Treeline Park, is located at 423 Treeline Park in San Antonio, Texas, 78209. The property boasts a total of 53,379 square feet, with 6,108 square feet currently available for lease. The building is situated in Bexar County and offers a multi-tenant environment, ideal for a variety of medical practices. The available space presents a significant opportunity for expansion or relocation for a growing medical business. The building's prime location in San Antonio provides excellent access to major transportation routes and a strong patient base. The building's design is well-suited for medical practices, offering ample space for examination rooms, waiting areas, and administrative offices. With its convenient location and substantial square footage, this property represents a compelling investment opportunity in the thriving San Antonio medical market. The building's three stories provide flexibility for various tenant needs and configurations. Interested parties are encouraged to inquire about lease terms and availability for the 6,108 square feet of vacant space. This is a rare opportunity to secure a significant presence in a well-established medical office building in a desirable San Antonio location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,687,476
    6.5%
    $11,711,516
    7%
    $10,874,979
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,121,661
    Geo Method
    $13,121,661
  • Alternative Use

    Use
    Valuation
    Residential
    $14,522,280
    Hospitality
    $13,302,330
    Educational
    $11,067,383
    Medical
    $11,448,007
    Retail
    $17,215,928

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5061
Longitude
-98.477
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
$317,472
$2,500,000
$11,600,000
$14,100,000
-
$2,500,000
$11,600,000
$14,100,000

FAQs

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