183 Jasmine LnSan Antonio, TX 78237

Property Details for 183 Jasmine Ln

Lot size

0.31 AC

Property size (Sq ft)

2,532 SF

Property type

Specialty properties

Property subtype

Day care centers & nurseries

Description

This exceptional investment opportunity presents a portfolio of two commercial properties located at 179 and 183 Jasmine Lane in San Antonio, Texas, totaling 2,532 square feet on a 0.31-acre lot. The properties are zoned C-3NA, offering versatile mixed-use potential. The portfolio includes two existing structures: a one-story building and a two-story building with two units, situated at 183 Jasmine Lane, encompassing 1332 and 1200 square feet respectively. Additionally, a 432-square-foot shed is located at 179 Jasmine Lane. The properties currently sit vacant, presenting a blank canvas for a new owner to develop. The asking price for the portfolio is $117,400, representing a compelling price per square foot of $46.37. The property boasts a pro-forma cap rate of 10.90% and a pro-forma NOI of $12,800, indicating strong potential for return on investment. Six parking spaces are available on the site. The Bexar County location, with its address of 183 Jasmine Lane, San Antonio, TX 78237, offers convenient access to local amenities and a thriving community. This is an ideal opportunity for investors seeking a flexible, mixed-use property with significant upside potential in a desirable San Antonio location. The properties are currently vacant, allowing for immediate customization and development to suit the buyer's vision.

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4066

Longitude

-98.5835

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