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Cibolo Creek Physical Therapy 21200 TX-46 5,774 SF Office Building Spring Branch, TX 78070 $3,350,208 CAD ($580.22 CAD/SF)
INVESTMENT HIGHLIGHTS
- Beautifully updated with almost new everything.
- Open floor plan that can be configured for your needs.
- Lots of light from windows and natural beauty behind the building.
EXECUTIVE SUMMARY
Medical office in the growing Bulverde, Spring Branch area with a surge in residential and commercial development. This property recently underwent a total rehab and currently used for physical therapy. It is fully leased until Sept. 2029; the tenant can remain or move out upon the purchase. It is located on 4.5 acres and surrounded by natural beauty of trees and foliage to the back and side. The building is stone/stucco exterior, new metal roof, spray foam insulation, flooring, cabinets, paint and much more. The parking has 3 handicap plus 17 additional spaces. It includes 4 HVAC systems (2 new), large waiting room, reception/check in, kitchen, mop room with washer & dryer connections, 2 restrooms, both have 2 showers & lockers. The main area is large & open, 24 ceiling fans, 6 TV outlets, mirrors, LED lighting. There is a sauna/pool, endless swim or walk, that is heated by propane gas.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,774 SF
Building Class
B
Year Built/Renovated
2009/2022
Price
$3,350,208 CAD
Price Per SF
$580.22 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,774 SF
Building FAR
0.03
Lot Size
4.50 AC
Zoning
OCL
Parking
20 Spaces (3.46 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 56-0365-0177-00 | Total Assessment | $2,030,304 CAD (2025) |
| Land Assessment | $1,696,449 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $333,855 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
56-0365-0177-00
Land Assessment
$1,696,449 CAD (2025)
Improvements Assessment
$333,855 CAD (2025)
Total Assessment
$2,030,304 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Cibolo Creek Physical Therapy | 21200 TX-46
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