8601 Village DrSan Antonio, TX 78217

  • Medical offices
  • 47,526 SF

Property Details for 8601 Village Dr

Year built
1979
Lot size
2.89 AC
Property size (Sq ft)
47,526 SF
Property type
Medical offices
Property subtype
Medical centers
APN
13569-005-0027
APU
135690050027

Description

This exceptional medical office building, Village Square Medical Center, presents a unique investment opportunity in San Antonio's thriving North Central submarket. Located at 8601 Village Dr, San Antonio, TX 78217, this Class C property boasts a total of 42,674 square feet across two stories. The building, constructed in 1979, sits on a 2.96-acre lot (129,048 square feet) and is zoned C-2. Multiple tenancy options are available, with spaces ranging from a minimum of 1,156 square feet to a maximum contiguous space of 7,493 square feet. Currently, there is 22,770 square feet of vacant space ready for immediate occupancy. This presents a significant opportunity for medical practices seeking expansion or new locations in a well-established area of Bexar County. The property's strategic location and ample space make it ideal for a variety of medical uses. The building's size and layout offer flexibility for tenants of varying sizes and needs. This is a prime opportunity to secure a prominent presence in a bustling medical corridor. Inquire today to learn more about leasing options and explore the potential of this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,920,067
    6.5%
    $8,233,908
    7%
    $7,645,772
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,801,234
    Geo Method
    $10,801,234
  • Alternative Use

    Use
    Valuation
    Residential
    $10,210,046
    Hospitality
    $9,352,348
    Educational
    $7,781,044
    Medical
    $8,048,646
    Retail
    $12,103,845

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5178
Longitude
-98.4283
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
$101,357
$453,070
$3,962,430
$4,415,500
-
$453,070
$3,962,430
$4,415,500

FAQs

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