Property summary
This exceptional 10,000-square-foot office building in Elmendorf, Texas, presents a unique investment or owner-user opportunity. Situated on seven acres with the potential to acquire up to forty acres, this property offers significant expansion possibilities. The two-story building, constructed in 1993, features approximately 8,000 square feet on the first floor and 2,000 square feet on the second. The first floor boasts medical-quality finishes, a legacy from its previous tenant, a therapeutic clinic. The property benefits from 400 linear feet of frontage on Loop 1604, providing excellent visibility and accessibility. Additional access is available via Schultz Road. Located less than six miles from I-37 and 2.5 miles from S US Hwy 181, this property enjoys convenient access to major transportation arteries. The heavy industrial zoning allows for a wide range of uses, from medical to construction-related businesses. The seller is currently addressing HVAC and electrical system upgrades to ensure functionality at closing. The metal roof and exterior brick are in good condition. This property is offered at a substantial discount to replacement cost, and its location within a Qualified Opportunity Zone offers potential tax advantages. The building is currently vacant.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
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