451 Bandera RdSan Antonio, TX 78228

  • Retail properties
  • 16,000 SF
For Sale

Property Details for 451 Bandera Rd

Year built
1950
Lot size
0.80 AC
Property size (Sq ft)
16,000 SF
Property type
Retail properties
Property subtype
Strip malls
APN
09201-001-0010
APU
92010010010

Description

This exceptional 18,500-square-foot shopping center is ideally situated in San Antonio, Texas, at the high-traffic intersection of Bandera Road and Cincinnati Avenue. The property boasts a 1.26-acre lot and is conveniently located less than a mile from a major HEB grocery store on Culebra Road, ensuring high visibility and customer accessibility. The center has recently undergone a complete remodel, presenting a modern and attractive space for prospective tenants. A key feature is a large end-cap space with abundant windows, perfectly suited for a restaurant or other business requiring significant street frontage. The property benefits from excellent traffic counts and is surrounded by a dense residential population, providing a strong customer base. This retail center presents a compelling investment opportunity in a thriving San Antonio location. The property's prime location and recent renovations make it an attractive option for businesses seeking high visibility and a strong customer base. The large end-cap space offers significant potential for a variety of retail uses. The property's size and location make it an ideal investment for those seeking a strong return on investment in a growing market. The address is 451 Bandera Rd, San Antonio, TX 78228, in Bexar County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,244,599
    6.5%
    $3,918,092
    7%
    $3,638,228
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,163,526
    Geo Method
    $9,163,526
  • Alternative Use

    Use
    Valuation
    Residential
    $3,305,057
    Hospitality
    $3,027,414
    Educational
    $2,518,773
    Medical
    $2,605,398
    Retail
    $3,918,092
451 Bandera Rd, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4514
Longitude
-98.548
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
$19,818
$310,630
$1,020,460
$1,331,090
-
$310,630
$1,020,460
$1,331,090

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