5367 State Highway 97Floresville, TX 78114

Property Details for 5367 State Highway 97

Lot size

27.67 AC

Property size (Sq ft)

3,254 SF

Property type

Commercial real estate

APN

0077-00000-00108

APU

770000000108

Description

This exceptional investment opportunity presents a single-tenant, 3,200 square foot flex space located at 5367 State Highway 97 E, Floresville, Texas, 78114. The property, built in 2016 and renovated in 2022, sits on a generous 2-acre unrestricted lot, offering significant potential for future expansion or development. The building is classified as Class C industrial and features a single story with a 14-foot ceiling height, ideal for a variety of uses. The property boasts one loading dock and two dock-high doors, ensuring efficient loading and unloading operations. Currently leased under a NNN lease, this property offers a compelling 10% capitalization rate, making it an attractive addition to any investment portfolio. The asking price is $695,000. This is a single-unit property with 3,200 square feet of net rentable space. The property's location in Wilson County, Texas provides easy access to major transportation routes. The 2022 renovation ensures the property is in excellent condition and ready for immediate occupancy. This is a privately owned asset offering a strong return on investment.

• Alternative Use

  Use

  Valuation

  Residential

  $899,857

  Hospitality

  $824,265

  Educational

  $685,778

  Medical

  $709,363

  Retail

  $1,066,766

Location Insight

City

Floresville

County

Wilson

State

Texas

Latitude

29.211

Longitude

-98.0806

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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