1300 Universal City BlvdUniversal City, TX 78148

  • Auto shops
  • 11,000 SF
For Sale
$2,050,000 View listing

Property Details for 1300 Universal City Blvd

Year built
2005
Lot size
2.61 AC
Property size (Sq ft)
11,000 SF
Property type
Auto shops
APN
05053-941-0060
APU
50539410060

Description

This exceptional investment opportunity presents a 11,000-square-foot industrial property in Universal City, Texas, ideally situated on a 2.61-acre lot. The property, built in 2005, comprises two single-story buildings totaling 11,000 square feet of net rentable space, currently operating at 100% occupancy. The main building boasts 6,000 square feet, including approximately 3,000 square feet of well-appointed office space featuring seven offices, a large conference room, and a break room, along with 3,000 square feet of warehouse space equipped with two grade-level overhead doors. A separate 5,000-square-foot warehouse building offers four additional overhead doors. The property features six loading docks and six dock-high doors, a 15-foot ceiling height, and ample storage space. Additional amenities include a fenced yard, 24-hour access, and air conditioning. This Class C property is zoned C4 and offers a stabilized sale-leaseback opportunity with a 7.51% cap rate and a sale price of $2,050,000 ($186 per square foot). The lease is a NNN lease with a potential for annual base rent increases over a three-year term. The property's prime location near I-35 and 1604 provides excellent accessibility. The current owner, Bent Plumbing, maintains the property to an exceptional standard. This is a rare opportunity to acquire a high-quality, well-maintained industrial property with strong cash flow potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,906,669
    6.5%
    $3,606,156
    7%
    $3,348,573
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,299,924
    Geo Method
    $6,299,924
  • Alternative Use

    Use
    Valuation
    Residential
    $3,041,927
    Hospitality
    $2,786,389
    Educational
    $2,318,243
    Medical
    $2,397,971
    Retail
    $3,606,156

Location Insight

City
Universal City
County
Bexar
State
Texas
Latitude
29.54
Longitude
-98.3006
CBSA code
41700
CBSA name
SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,141
$227,040
$1,216,710
$1,443,750
-
$227,040
$1,216,710
$1,443,750

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