903 Bitters RdSan Antonio, TX 78216

Property Details for 903 Bitters Rd

Year built

1986

Lot size

3.90 AC

Property size (Sq ft)

50,890 SF

Property type

Retail properties

Property subtype

Strip malls

APN

12060-000-0080

APU

120600000080

Description

Redondo Place, a Class A retail shopping center in San Antonio, Texas, offers exceptional opportunities for businesses seeking high-visibility locations. This 50,889 square foot property, situated at 903 E Bitters Rd, zip code 78216, features multiple tenancies with spaces ranging from 1,120 to 2,864 contiguous square feet. The center benefits from a prime location in North Central San Antonio, providing convenient access via Highway 281. Its strategic placement near major retailers such as Walgreens, Target, HEB, and Home Depot ensures high foot traffic and strong brand visibility. The property boasts ample parking for customer convenience. Currently, three spaces are available, making it an ideal location for a variety of retail businesses seeking to establish or expand their presence in a thriving commercial area. The center's strong tenant mix and convenient location contribute to a high-traffic environment, making it an attractive investment opportunity for businesses seeking a successful retail operation. The property's Class A designation reflects its high-quality construction and modern amenities. This is a rare opportunity to secure space in a well-established and highly sought-after shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $16,439,110

  6.5%

  $15,174,564

  7%

  $14,090,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,145,742

  Geo Method

  $29,145,742

• Alternative Use

  Use

  Valuation

  Residential

  $12,800,312

  Hospitality

  $11,725,017

  Educational

  $9,755,077

  Medical

  $10,090,569

  Retail

  $15,174,564

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.5635

Longitude

-98.4789

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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