2515 Babcock Rd San Antonio, TX 78229-4807
Property profile & analytics
2515 Babcock Rd San Antonio, TX 78229-4807
- Medical Office Space
- 4,350 SF
- 0.57 lot acres
Property ID
US83-3794121
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Texas Low T MD: Men's Health Low Testosterone Therapy / Medical Clinic
- Central Texas Injury Experts / Medical Clinic
- Robert Raposo, PA-C / Physician
- Texas Low-T MD: Men's Health and Wellness Clinic / Medical Clinic
- CenTex Injury & Workers Comp / Medical Clinic
Property Details for 2515 Babcock Rd
- Year built
- 1995
- Lot size
- 0.57 lot acres
- Property size
- 4,350 SF
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 17108-001-0220
- APU
- 171080010220
Description
This exceptional San Antonio medical office building, located at 2515 Babcock Rd, presents a compelling investment opportunity. The property boasts 4,350 square feet of net rentable space, currently occupied under a single-tenant, net-lease agreement. The lease, structured as a triple-net (NNN) arrangement, commenced February 1, 2024, and extends through January 31, 2029, with a remaining term of approximately 4.2 years. The tenant, an established medical practice, has occupied the space since March 1, 2022, ensuring consistent occupancy at 100%. The lease includes 3% annual rent bumps and two five-year renewal options, providing long-term income stability. The property features a 5.31% cap rate based on a net operating income (NOI) of $142,677 and an asking price of $2,685,000. Built in 1995 and renovated in 2022, this single-story building sits on a 0.574-acre lot zoned C-3. This is a 1031 exchange eligible property, making it an attractive option for investors seeking tax advantages. The property's strong tenant history, favorable lease terms, and prime location in Bexar County, Texas, make it an ideal addition to any investment portfolio.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $450,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $835,000
- 6.5%
- $770,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $645,000
Market price range: $113k - $759k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $440,000 Current use
- AUTO REPAIR, GARAGE
- $515,000 Change: +17% Conversion: Difficult
- RETAIL STORES
- $495,000 Change: +12% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $425,000 Change: -4% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Antonio
- County
- Bexar
- State
- Texas
- Longitude
- -98.5866
- Latitude
- 29.507
- 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
$28,249
$391,550
$846,930
$1,238,480
-
$391,550
$846,930
$1,238,480
