4946 Center Park BlvdSan Antonio, TX 78218
- 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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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