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Property profile & analytics
FOR LEASE
Strip malls

2414 Babcock Rd San Antonio, TX 78229

21,192 SF 2.82 ac lot Built 1985
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-4125423
Property summary
AI-generated overview

Snowden Plaza, located at 2414-2424 Babcock Rd, San Antonio, TX 78229, presents a compelling investment opportunity in a thriving mixed-use setting. This three-story, Class B building, constructed in 1985, offers 11,681 square feet of versatile space, ideally suited for executive offices and medical practices. The property sits on a 2.82-acre lot and is zoned C2/C3, allowing for a range of uses. Currently, there are multiple tenants, with 4,977 square feet of vacant space available. Individual suites range from a minimum of 1,851 square feet to a maximum contiguous space of 3,126 square feet, providing flexibility for businesses of varying sizes. The building's convenient location near the intersection of Babcock Road and Wurzbach Road, in close proximity to the San Antonio Medical Center, ensures high visibility and accessibility. This property offers a unique blend of established tenancy and readily available space, making it an attractive option for businesses seeking a well-situated and functional office environment in a dynamic area of Bexar County. The building's features include a mix of office and open space, along with amenities such as break rooms and IT rooms. This is a rare opportunity to secure prime office space in a highly sought-after location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Total area 21,192 SF
Lot 2.82 ac (122,839 SF)
APN 11609-002-0220
UPID US82-4125423
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
  • Allergy Asthma Research Center Medical Clinic
  • Allergist Medical Clinic
  • Marie C. Loera, MSN Physician Medical Clinic
  • Dr. Mirie R. Hosler, MD Physician Medical Clinic
  • Erica Gomez Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
$962k
Blend (final) Blend
$730k
Owner & transaction history
Medco Group INC · 6 yrs held
Medco Group INC
since 2019
4 recorded transactions
2019
Price N/A
1969
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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