6501 Bandera RdLeon Valley, TX 78238

Property Details for 6501 Bandera Rd

Year built

1978

Lot size

3.38 AC

Property size (Sq ft)

32,844 SF

Property type

Retail properties

Property subtype

Strip malls

APN

09925-107-0092

APU

99251070092

Description

Seneca Plaza, located at 6501 Bandera Rd in Leon Valley, Texas, presents a compelling value-add investment opportunity. This 32,844 square foot shopping center comprises 21 units and sits on a 3.38-acre lot. Built in 1978, the property benefits from a highly visible location at a signalized intersection, boasting impressive frontages of approximately 406 linear feet on Bandera Road and 289 linear feet on Seneca Drive. The center enjoys a strategic position with exceptional visibility and accessibility, experiencing a significant daily traffic volume exceeding 54,000 vehicles. The property is zoned B-2, providing flexibility for a variety of retail uses. Ample parking is available for tenants and customers. This well-located retail center offers significant potential for value enhancement and strong returns for the discerning investor. The property's size, location, and zoning make it an attractive proposition for those seeking a retail investment in the growing Leon Valley market within Bexar County, Texas, zip code 78238.

• CAP approach

  CAP return

  Valuation

  6%

  $8,713,101

  6.5%

  $8,042,862

  7%

  $7,468,372

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,810,428

  Geo Method

  $18,810,428

• Alternative Use

  Use

  Valuation

  Residential

  $6,784,456

  Hospitality

  $6,214,524

  Educational

  $5,170,412

  Medical

  $5,348,230

  Retail

  $8,042,862

Location Insight

City

Leon Valley

County

Bexar

State

Texas

Latitude

29.4921

Longitude

-98.6132

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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