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TX Attorney General/Child Division Office 121 BMT Dr

6,986 SF Office Building Jourdanton, TX 78026 £701,053 (£100/SF) 7.30% Net Initial Yield

Investment Highlights

  • Investment NN Sale

Executive Summary

Single story office building, constructed in 1995, approximately 7,000 SF w. 40 parking spaces, leased to the State of Texas through 3/31/2025. Steel frame bldg., stucco exterior, metal roof, asphalt paving. 1.5 acre site can accommodate additional improvements.
Investment NN Sale.
Jourdanton, Texas south of San Antonio on SH 16. The building is located on the NE side of BMT Drive immediately SE of SH 97. See attached map.

Financial Summary (Pro forma - 2017)

Annual Annual Per SF
Gross Rental Income £95,966 £13.74
Other Income - -
Vacancy Loss - -
Effective Gross Income £95,966 £13.74
Taxes £7,974 £1.14
Operating Expenses £36,815 £5.27
Total Expenses £44,789 £6.41
Net Operating Income £51,177 £7.33

Financial Summary (Pro forma - 2017)

Gross Rental Income
Annual £95,966
Annual Per SF £13.74
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £95,966
Annual Per SF £13.74
Taxes
Annual £7,974
Annual Per SF £1.14
Operating Expenses
Annual £36,815
Annual Per SF £5.27
Total Expenses
Annual £44,789
Annual Per SF £6.41
Net Operating Income
Annual £51,177
Annual Per SF £7.33

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
6,986 SF
Building Class
B
Year Built
1995
Price
£701,053
Price Per SF
£100
Net Initial Yield
7.30%
NOI
£51,177
Tenancy
Single
Number of Floors
1
Typical Floor Size
6,986 SF
Building FAR
0.11
Lot Size
1.51 AC
Zoning
O
Parking
40 Spaces (5.73 Spaces per 1,000 SF Leased)

About 121 BMT Dr , Jourdanton, TX 78026

Steel frame bldg., stucco exterior, metal roof, asphalt paving. 1.5 acre site can accommodate additional improvements.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • State of TX
  • -
  • 7,000 SF
  • -
  • Mar 2025
Tenant Industry SF OCCUPIED RENT/SF Lease End
State of TX - 7,000 SF - Mar 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R16976
Land Assessment
£204,597 (2024)
Improvements Assessment
£195,787 (2024)
Total Assessment
£400,384 (2024)
Annual Taxes
£7,974 (£1.14/sf)
Tax Year
2017
  • Listing ID: 3665849

  • Date on Market: 13/07/2012

  • Last Updated:

  • Address: 121 BMT Dr, Jourdanton, TX 78026

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