1811 Commerce StSan Antonio, TX 78207

Property Details for 1811 Commerce St

Year built

1970

Lot size

0.43 AC

Property size (Sq ft)

7,340 SF

Property type

Retail space

APN

02300-007-0022

APU

23000070022

Description

1811 W Commerce Street presents a remarkable opportunity to acquire a 7,200 square foot single-tenant flex space building situated on a 0.43-acre lot. This freestanding structure boasts a single story design and is ideally zoned I-1, offering considerable versatility for a range of commercial uses. The property's prime location along the heavily trafficked West Commerce Street ensures high visibility and accessibility. Its strategic proximity to key landmarks such as Lanier High School, the Bexar Appraisal District, and the UTSA Downtown Campus guarantees a robust customer base and strong potential for growth. Furthermore, its convenient location just minutes away from the vibrant Downtown San Antonio, the historic Riverwalk, and the renowned Pearl District provides unparalleled access to a thriving urban environment. The building's size and zoning make it suitable for a variety of businesses seeking a prominent location with excellent visibility and convenient access to major transportation routes and community amenities. This is an exceptional opportunity to secure a well-positioned commercial property in a rapidly developing area of San Antonio. The property's single-tenant occupancy provides a straightforward investment opportunity with clear potential for future expansion or redevelopment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,947,210

  6.5%

  $1,797,424

  7%

  $1,669,037

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,203,768

  Geo Method

  $4,203,768

• Alternative Use

  Use

  Valuation

  Residential

  $1,516,195

  Hospitality

  $1,388,826

  Educational

  $1,155,487

  Medical

  $1,195,226

  Retail

  $1,797,424

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4273

Longitude

-98.5147

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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