8123 Datapoint Dr San Antonio, TX 78229
For Lease
This exceptional San Antonio office complex, located at 8119 & 8123 Datapoint Dr, offers 120,105 square feet of space across two Class B buildings on a 4.83-acre lot. Built in 1985, the property boasts 478 parking spaces and is currently 33% occupied. Zoned C-3 General Commercial, it presents a compelling value-add investment opportunity. Its prime location near the South Texas Medical Center in Northwest San Antonio, with direct access to Fredericksburg Road, makes it ideal for various uses, including potential conversion to medical, lab, or life science space. The property benefits from substantial upgrades and renovations, resulting in high-quality existing office space. A significant advantage is the possibility of a leaseback from Humana for approximately 30,000-40,000 square feet for a three-to-five-year term. The expansive lot allows for future building expansion or additional parking. The property's location within the growth path of the South Texas Medical Center, coupled with limited available land in the area, presents a unique opportunity for owner-occupants, investors, or developers. The buildings can be subdivided for multi-tenant use, further enhancing its investment potential. This property offers a rare chance to acquire a below-replacement-cost asset in a thriving submarket.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.