4615 Walzem RdSan Antonio, TX 78218

For Lease
$14/SF/YR View listing
  • Office properties
  • 48,430 SF

Property Details for 4615 Walzem Rd

Year built
1982
Lot size
3.08 AC
Property size (Sq ft)
48,430 SF
Property type
Office properties
APN
17140-001-0010
APU
171400010010

Description

This three-story, 49,000-square-foot traditional office building, constructed in 1982, is located at 4615 Walzem Road, San Antonio, Texas, 78218, in Bexar County. The property offers multiple tenancy options with 12 available spaces ranging in size from 422 to 4,161 square feet. Its convenient location provides easy access to major transportation arteries, including Highway 281, Loop 410, and Interstate 35, placing it within a 10-minute drive of both San Antonio International Airport and the Central Business District. The surrounding area boasts a variety of retail and dining establishments, such as Olive Garden, Starbucks, Ross, and Office Depot, enhancing the convenience and appeal for tenants and employees. The building's single structure offers a cohesive and efficient workspace environment. This prime location and versatile space make it an ideal opportunity for businesses seeking a well-situated office in a thriving area of San Antonio. The property's proximity to major roadways ensures excellent accessibility for clients and employees.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,089,738
    6.5%
    $8,390,527
    7%
    $7,791,204
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,006,686
    Geo Method
    $11,006,686
  • Alternative Use

    Use
    Valuation
    Residential
    $10,404,253
    Hospitality
    $9,530,240
    Educational
    $7,929,048
    Medical
    $8,201,740
    Retail
    $12,334,075
4615 Walzem Rd, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.511
Longitude
-98.4008
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
$84,933
$1,098,530
$2,601,470
$3,700,000
-
$1,098,530
$2,601,470
$3,700,000

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