8527 Village DrSan Antonio, TX 78217

Property Details for 8527 Village Dr

Year built

1978

Lot size

1.27 AC

Property size (Sq ft)

27,030 SF

Property type

Medical offices

Property subtype

Medical centers

APN

13569-005-0023

APU

135690050023

Description

Village Medical Plaza offers exceptional medical office space for lease in Bexar County's North Central submarket. This Class C, two-story building totals 28,180 square feet, situated on a 1.33-acre lot (58,053 square feet). Currently, 22,694 square feet is available, divisible into units ranging from 973 to 8,749 contiguous square feet. Built in 1978, the property boasts a strong tenant roster, including San Antonio Nexus and Ross Chiropractic, demonstrating its desirability. The building's C-2 zoning allows for a variety of medical uses. Its prime location adjacent to Northeast Baptist Hospital ensures high patient traffic and visibility. Ample free patient parking is available, along with covered parking for added convenience. Enhance your practice's presence with the opportunity for prominent monument and building signage, benefiting from high visibility along Loop 410. The property is locally owned and managed, promising responsive and attentive service. This is an excellent opportunity for medical professionals seeking a well-located, established space with significant advantages.

• CAP approach

  CAP return

  Valuation

  6%

  $5,073,211

  6.5%

  $4,682,964

  7%

  $4,348,466

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,143,108

  Geo Method

  $6,143,108

• Alternative Use

  Use

  Valuation

  Residential

  $5,806,876

  Hospitality

  $5,319,066

  Educational

  $4,425,401

  Medical

  $4,577,598

  Retail

  $6,883,957

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.5172

Longitude

-98.4278

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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