Property profile

32685 Us Hwy 281st N Bulverde, TX 78163

OFF-MARKET
Office buildings
Property ID
US82-2880027
9,960 SF 7.45 ac lot Built 2004
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a former medical office suite in Comal County, totaling 909 square feet, with a layout designed for professional use and flexible suite sizing in the broader building context (historically described as 900 to 3,600 square feet). It has frontage on Highway 281 and is positioned along a fast-growing corridor with direct access to nearby residential trade areas. The building is classified as Class B and includes a metal roof, gigabit internet capability, and ample on-site parking. The suite is part of an NNN lease structure, indicating the property is managed with operating expenses passed through to occupants.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Total area 9,960 SF
Lot 7.45 ac (324,522 SF)
APN 11-0160-0076-00
UPID US82-2880027

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician

Location

32685 Us Hwy 281st N Bulverde, TX 78163-3271
Bulverde metro Census 310705 SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.40M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2019
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.3M +38.8%
Commercial (general) $1.1M +18.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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