2148 Cincinnati AveSan Antonio, TX 78228

Property Details for 2148 Cincinnati Ave

Year built

1960

Lot size

0.09 AC

Property size (Sq ft)

2,480 SF

Property type

Retail properties

Property subtype

Strip malls

APN

08331-002-0012

APU

83310020012

Description

This exceptional mixed-use property at 2148 Cincinnati Ave, San Antonio, TX 78228, presents a compelling investment opportunity. The 2,480 square foot property sits on a substantial 3.707-acre lot and features two buildings, each two stories high, built in 1960. The property is zoned for commercial use and includes five units: three retail spaces currently leased and two cozy one-bedroom, one-bathroom apartments. The asking price is $295,000, representing a compelling $118.95 per square foot and an 8.00% cap rate. Current monthly income is $2,530, with potential for increased revenue through leasing additional storage space. The property enjoys a prime location in a high-visibility commercial area with convenient access to major highways and public transportation, placing it near numerous restaurants, shopping centers, and entertainment venues. This is an ideal opportunity for investors seeking a blend of retail and multifamily income streams in a thriving San Antonio market. The property's APN is 413626. All information is deemed reliable but not guaranteed.

• CAP approach

  CAP return

  Valuation

  6%

  $657,913

  6.5%

  $607,304

  7%

  $563,925

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,420,347

  Geo Method

  $1,420,347

• Alternative Use

  Use

  Valuation

  Residential

  $512,284

  Hospitality

  $469,249

  Educational

  $390,410

  Medical

  $403,837

  Retail

  $607,304

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4513

Longitude

-98.5462

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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