4946 Center Park BlvdSan Antonio, TX 78218

For Sale
$1,500,000 View listing
  • Commercial real estate
  • 8,000 SF

Property Details for 4946 Center Park Blvd

Year built
1988
Lot size
0.73 AC
Property size (Sq ft)
8,000 SF
Property type
Commercial real estate
APN
16818-002-0101
APU
168180020101

Description

This 8,000-square-foot industrial property in San Antonio, Texas, presents a compelling investment opportunity. Situated on a 31,799-square-foot lot zoned C-3, this Class B building boasts 16-foot ceilings, one loading dock with one dock-high door, and ample parking (24 spaces per 1,000 sq ft). Currently configured as a multi-tenant property with one tenant occupying 3,000 square feet under a lease expiring July 31, 2026, and the owner occupying 5,000 square feet. The owner is open to vacating or potentially leasing back the space for up to 24 months post-sale. The property features recently renovated office space, 1-phase 3-wire power, and two 10' x 10' drive-in doors. The asking price is $1,500,000 ($187.50/sq ft), with each of the two units priced at $750,000. Built in 1988, this single-story building offers a strong location, conveniently situated near San Antonio International Airport (7.6 miles away) at a hard corner of Center Park and Fratt Road. This property is ideal for a single owner-user or can continue to operate as a two-tenant property. The lease is a NNN lease with no rent bumps.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,718,646
    Hospitality
    $1,574,270
    Educational
    $1,309,775
    Medical
    $1,354,820
    Retail
    $2,037,427
4946 Center Park Blvd, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4877
Longitude
-98.3931
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
$20,397
$135,330
$753,230
$888,560
-
$135,330
$753,230
$888,560

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