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Property profile & analytics
OFF-MARKET Estimated value $1,535,000
Medical Office Space

2040 Babcock Rd San Antonio, TX 78229-4425

34,391 SF 1.13 ac lot Built 1990
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US82-2152973
Property summary
AI-generated overview

This four-story, 32,011-square-foot medical office building in San Antonio, Texas, offers a single-tenant opportunity. Built in 1990 and renovated in 2006, the property boasts 13-foot ceilings and is situated on 1.13 acres of land. Located directly across from UT Health in the Medical Center, it provides exceptional visibility and accessibility. The building features 96 surface parking spaces and additional covered parking. Floor plans range from 1,262 to 5,000 square feet, with typical floors around 8,700 square feet. Amenities include high-profile signage opportunities, 24-hour access with controlled entry, natural and accent lighting, central heating and air conditioning, and high-speed Wi-Fi. The property is zoned 0-2 and presents a compelling opportunity for medical practices seeking a prominent location with ample space and modern amenities. This is an ideal setting for establishing a new practice or expanding an existing one. The building's strategic location and well-appointed spaces offer a perfect environment for success.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1990
Total area 34,391 SF
Lot 1.13 ac (49,005 SF)
APN 11612-002-0331
UPID US82-2152973
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • iGenomeDx Inc Medical Laboratory
  • Edison Electricians of San Antonio Electrical Service General Contractor
  • UpQuark Technologies Marketing & Advertising (Bike/Boat/Book/etc) Store
  • HBHS REIA Real Estate Agency
  • Sigma Primary Care Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.54M
Owner & transaction history
Charles Hernandez · 2 yrs held
Charles Hernandez
since 2023
6 recorded transactions
2023
Price N/A
2018
Price N/A
2013
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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