2644 Ackerman RdSan Antonio, TX 78219

Property Details for 2644 Ackerman Rd

Year built

1971

Lot size

2.98 AC

Property size (Sq ft)

7,156 SF

Property type

Garden apartment buildings

APN

05098-101-0010

APU

50981010010

Description

This exceptional 2.7-acre commercial lot, located at 2644 Ackerman Rd in San Antonio, Texas (zip code 78219, Bexar County), presents a remarkable investment opportunity. The property boasts a highly desirable C-2 zoning designation, permitting a wide range of retail uses, as per Kirby zoning ordinances. Situated on a hard corner, this lot offers approximately 400 linear feet of frontage on Ackerman Road and 300 linear feet on Wexford Drive, maximizing visibility and accessibility. Existing utilities include electricity, water, and sewer, along with an underground commercial grease trap, making it ideal for developments including restaurants or laundromats. Its strategic location offers significant advantages, including proximity to a substantial apartment complex and convenient access to Interstates 10 and 410, ensuring high traffic volume and potential for strong returns. The property's APN is 05098-102-0010. The seller is open to financing options with a 25% down payment. This is a rare opportunity to acquire a prime commercial parcel in a thriving San Antonio location. All information is believed to be accurate but is not guaranteed. The property is offered subject to errors, omissions, changes, or withdrawal without notice.

• CAP approach

  CAP return

  Valuation

  6%

  $1,665,440

  6.5%

  $1,537,329

  7%

  $1,427,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,520,834

  Geo Method

  $2,520,834

• Alternative Use

  Use

  Valuation

  Residential

  $1,537,329

  Hospitality

  $1,408,185

  Educational

  $1,171,593

  Medical

  $1,211,886

  Retail

  $1,822,479

Location Insight

City

Kirby

County

Bexar

State

Texas

Latitude

29.4534

Longitude

-98.3804

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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