1123 Main Ave San Antonio, TX 78212-4740
The Packard Building, a two-story, 36,706 square foot Class B office building, offers flexible space ideal for various uses. Originally built in 1929 and extensively renovated in 2004, this property boasts a strong existing medical tenant mix (cardiology, renal, and physical therapy), making it perfect for medical ancillary services or general office tenants. Three spaces are currently available, ranging from 1,393 to 6,188 contiguous square feet, with the possibility of further subdivision. Suite 209, a 6,188 square foot clinical suite (divisible), and Suite 219, a 5,337 square foot general office suite (divisible), are highlighted. Individual offices are also available for short-term leases. The building features 131 parking spaces (surface and rooftop), elevators, and is conveniently located in the Tobin Hill neighborhood of Midtown North Central, adjacent to San Antonio's central business district and major hospital systems (Metropolitan Methodist, Baptist Medical Center, Children's Hospital, and UT Health). Its location offers easy access to IH-35, Highway 281, IH-37, and IH-10, as well as public transportation. The building's lobby, mechanical, and electrical systems have been recently upgraded. The property sits on 4,115 acres and is zoned C-2NA Commercial. This is a unique opportunity to lease space in a well-maintained, centrally located building with a proven track record.
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Murali Senapathi Physician
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rainbird Consultant
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Muhammad Abdullah Physician Medical Clinic
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Stuart Redding Physician
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Alpine Healthcare Home Health Care Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.