5119 Commerce StSan Antonio, TX 78237

  • Retail properties
  • 1,022 SF
For Lease
$5.62/SF/YR View listing

Property Details for 5119 Commerce St

Year built
2015
Lot size
0.24 AC
Property size (Sq ft)
1,022 SF
Property type
Retail properties
Property subtype
Auto shops
APN
08877-021-0810
APU
88770210810

Description

This exceptional retail property, located at 5119 W Commerce St, San Antonio, Texas 78237, in Bexar County, presents a turnkey opportunity for an automotive business. The single-tenant property is ideally suited for car sales, offering ample space to showcase vehicles. The lot has the capacity to hold up to 25 vehicles, ensuring a substantial inventory display. The property boasts two offices with a reception area, providing comfortable space for administrative tasks and client interactions. Convenience is further enhanced by the inclusion of 1.5 bathrooms and a full kitchen, catering to the needs of both staff and customers. A significant advantage is the attached garage, fully equipped with essential tools for vehicle maintenance and repair. This includes a tire changer, two 50-gallon air compressors, a mechanics lift, and frame repair equipment. The property is available for rent at a gross monthly rate of $5,000, with a minimum two-year lease term. This established car dealership is ready for immediate occupancy, offering a seamless transition for a new owner or operator. The property's location in San Antonio, Texas, provides excellent access to major roadways and a substantial customer base. This is a rare opportunity to acquire a fully equipped and operational car lot in a prime location. Don't miss out on this chance to establish or expand your automotive business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $271,124
    6.5%
    $250,268
    7%
    $232,392
  • Comparable approach

    Method
    Valuation
    Relative Method
    $585,320
    Geo Method
    $585,320
  • Alternative Use

    Use
    Valuation
    Residential
    $211,110
    Hospitality
    $193,376
    Educational
    $160,887
    Medical
    $166,420
    Retail
    $250,268
5119 Commerce St, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4319
Longitude
-98.5613
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
$5,440
$61,690
$174,310
$236,000
-
$61,690
$174,310
$236,000

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