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Bulverde Ridge Medical Business Park

$3,400,000

32685 Us Hwy 281, Bulverde, TX 78163

Active
Last Updated: 04/12/2025

0.99

Cap Rate

33,734.5

NOI

Details:
Cap Rate:    0.99%
NOI:    $33,734.50
Building Size:    9,960 sqft
Lot Area:    7.45 acres
Occupancy:    30%
Class:    B
Units:    5
Year Built:    2004
Floors:    1
Parking Spots:    55
Highlights:
  • - 9,960 SF building ideal for office space
  • - 7.45± Acres
  • - 5 units offering versatile leasing options
  • - Zoned C-2 for diverse commercial usage
  • - Prime location in the Far North Central area
  • - 30% occupancy with substantial room for growth
  • - Ample parking for tenants and visitors
  • - Modern amenities and well-maintained infrastructure
  • - High visibility and accessibility along US HWY 281 N
  • - Proximity to prominent business and retail centers
  • - NNN rate for 2025 $0.61 psf monthly ($7.31 p/yr)
Description:

Discover an exceptional opportunity for office building investment at this prime 7.45± acre property located at 32685 US HWY 281 N, Bulverde, TX, 78163. Boasting a spacious 9,960 SF building with 5 units, the property is ideally suited for the discerning investor seeking ample space for commercial endeavors. Zoned C-2 and situated in the sought-after Far North Central area, this offering presents considerable potential for growth and development. With a 30% occupancy rate, there is significant room for expansion and increased rental income, making this an attractive prospect for those looking to establish a strong presence in this thriving commercial district.

Nestled in the vibrant Far North Central market, the area surrounding the property is 7.45± acres at 32685 US HWY 281 N, Bulverde, TX, 78163 boasts a mix of commercial and residential activity. Investors will appreciate the property's proximity to notable landmarks such as the charming Bulverde Village, offering a diverse selection of shopping and dining options. The area also features easy access to picturesque parks and outdoor recreational areas, providing a serene balance to the bustling business hub. With its strategic location and appealing local amenities, the area presents an enticing opportunity for office or office building investors seeking a dynamic and growing community to establish their presence.

Elevated above Highway 281 with a gently sloping access driveway.

PEC

BULVERDE RANCHETTES 5, LOT 1

Map:
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