2101 Pat Booker Rd, Universal City, TX 78148
- Office Spaces
- 10,390 SF
- 1.09 lot acres
Current Use by Public Records
- Office Spaces
Property Details for 2101 Pat Booker Rd
- Year built
- 2019
- Lot size
- 1.09 lot acres
- Property type
- Office Spaces
- APN
- 05047-601-0010
- APU
- 50476010010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 26, 2019 | — | Ariama Holdings LLC | — | Deed Of Trust · related | $1.4M · First Citizens Bk |
| Dec 28, 2017 | — | Ariama Holdings LLC | Ali Arabyaghobi | Warranty Deed · related | — |
| May 18, 2005 | — | Arabyaghobi,ali | Gagliardi Ents INC | Warranty Deed | $210k · Private Individual |
Description
This exceptional investment opportunity presents a 9,855 square foot, single-story, fee-simple retail and medical office building located at 2101 Pat Booker Rd, Universal City, TX 78148. Built in 2019, the property boasts 100% occupancy with two tenants: Elite Endodontics (now part of Specialized Dental Partners, a large national chain with over 200 locations) and First Command. The property offers a strong net lease investment with a 7.23% cap rate and a net operating income (NOI) of $216,810, based on an asking price of $3,000,000 ($304.41 per square foot). Situated on a 1.1-acre lot, this property enjoys a highly visible location on a major thoroughfare connecting Interstate 35 and Randolph Air Force Base, benefiting from exceptional daily traffic volume (I-35: 159,610 vehicles per day
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,715,000
- 6.5%
- $1,580,000
- 7%
- $1,470,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,407,000
Market price range: $512k - $1.75M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,080,000 Current use
- RESTAURANT
- $1,460,000 Change: +35% Conversion: Difficult
- RETAIL STORES
- $1,295,000 Change: +20% Conversion: Easy
- AUTO REPAIR, GARAGE
- $920,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Universal City
- County
- Bexar
- State
- Texas
- Longitude
- -98.3123
- Latitude
- 29.5539
- CBSA code
- 41700
- CBSA name
- SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
