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1402 Hoefgen Ave

San Antonio, TX 78210
  • $2,200,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: 1803992
UPDATED: 80 min ago
$2,200,000
  • 0
    BEDS
  • 2.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,950
    SQFT
  • $170
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:
Area:

School Ratings & Info

School District:

Description

1402 Hoefgen is a 2.03 Acre property located just a few hundred feet east of U.S 281 and 1.5 miles southeast of Downtown San Antonio. It features 12,950 Sf of net rentable area, three buildings, including one dedicated office building, two warehouses, covered parking and an additional 5,375 Sf of covered storage. Ownership recently completed several capital improvement projects including laying down new base for the yard, painting the buildings, upgrading the office and landscaping the property. The property offers investors the opportunity purchase the property with in-place cash flow, lease the remaining vacant space and stabilize at a market cap rate. Additionally, owner-users can occupy the remaining vacancy (6,809 Sf of office and shop space) and offset their costs with in-place income from the existing tenant. This property sits proximate to downtown San Antonio, hemisfair, southtown and less than a mile from the reported future home of the San Antonio Spurs. Long-term investors with a forward outlook are likely to benefit from the dynamic changes taking place just a short distance away.

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© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mullen Group | RE/MAX Associates. Last updated 2024-12-13T20:32:51.06.
www.findurwayhome.com/homes/154127766
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1402 Hoefgen Ave San Antonio, TX 78210

  • Price: $2,200,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 80 min ago
  • MLS #: 1803992
0
Beds
0
Baths
0
½ Baths
2.03
Acres
12,950
SQFT
$170
$/SQFT
1965
Built
Neighborhood:
San Antonio
County:
Bexar
Area:
San Antonio
School District:
San Antonio I.S.D.
Property Description
1402 Hoefgen is a 2.03 Acre property located just a few hundred feet east of U.S 281 and 1.5 miles southeast of Downtown San Antonio. It features 12,950 Sf of net rentable area, three buildings, including one dedicated office building, two warehouses, covered parking and an additional 5,375 Sf of covered storage. Ownership recently completed several capital improvement projects including laying down new base for the yard, painting the buildings, upgrading the office and landscaping the property. The property offers investors the opportunity purchase the property with in-place cash flow, lease the remaining vacant space and stabilize at a market cap rate. Additionally, owner-users can occupy the remaining vacancy (6,809 Sf of office and shop space) and offset their costs with in-place income from the existing tenant. This property sits proximate to downtown San Antonio, hemisfair, southtown and less than a mile from the reported future home of the San Antonio Spurs. Long-term investors with a forward outlook are likely to benefit from the dynamic changes taking place just a short distance away.
Exterior Features

Construction WoodStucco Drive In Doors 6 Loading Facilities Semi-DockGrade Level Rail Service No Roof Built-Up/GravelFlat Total Parking 30

Interior Features

Air Conditioning CentralWindow Ceiling Height 12 Heating CentralWindow Unit Office Sq Ft 1616 Warehouse Industrial Sq Ft 11334

Property Features

Approx Age 59 Available With Lease Yes Building Center Name HOEFGEN INDUSTRIAL City Tax 7465.56 Commercial Type Industrial County Tax 3809.09 Flood Plain None Lease Only No Monthly Lease 8511 Net Leasable Area 12950 Other Tax 9238.09 Proposed Terms Lease or SaleExchangeCashConventional Rentals 3 Restrictions None Sale Includes BuildingsLand School Tax 16649.22 Total Tax 37161.96 Utilities ElectricityGasWaterTelephoneSewer Utility Supplier Elec CPS Utility Supplier Garbage SAWS Utility Supplier Gas CPS Utility Supplier Sewer SAWS Utility Supplier Water SAWS Zoning I-1

Listing information © Copyright 2024 San Antonio Board of REALTORS®, All Rights Reserved.
Listing provided courtesy of Collin Newton of Centro Properties: collin@centroproperties.net, (210) 224-2213.


© 2024 San Antonio Board of REALTORS® All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mullen Group | RE/MAX Associates. Last updated 2024-12-13T20:32:51.06.
 
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The Mullen Group | RE/MAX Associates
1862 W. Bitters Rd, STE 300
San Antonio TX, 78248