2623 Commercial AveSan Antonio, TX 78221

Property Details for 2623 Commercial Ave

Year built

1986

Lot size

0.30 AC

Property size (Sq ft)

2,645 SF

Property type

Office properties

APN

09365-083-0140

APU

93650830140

Description

This exceptional two-story office building, totaling 2,645 square feet, presents a compelling investment opportunity in South San Antonio, Texas. Constructed in 1986, the property is classified as a Class C building and sits on a commercially zoned lot (C-2). Its convenient location offers easy access to major transportation arteries, including I-35, I-10, I-37, and Loop 410, ensuring seamless commutes for employees and clients. The building's proximity to significant landmarks further enhances its appeal. It's situated just a few blocks from I-35, 5.8 miles from the new Boeing Center at Tech Point, 5.6 miles from the City Base Landing (a thriving commercial and industrial area), and 6.5 miles from the Bexar County Courthouse. This strategic location provides excellent visibility and accessibility within a dynamic business environment. The asking price for this well-positioned property is $625,000. The address is 2623 Commercial Ave, San Antonio, TX 78221, in Bexar County. This presents a rare chance to acquire a functional and strategically located office building in a rapidly growing area of San Antonio. The property's size and location make it suitable for a variety of businesses seeking a well-established presence in South San Antonio.

• CAP approach

  CAP return

  Valuation

  6%

  $481,673

  6.5%

  $444,621

  7%

  $412,862

• Comparable approach

  Method

  Valuation

  Relative Method

  $601,129

  Geo Method

  $601,129

• Alternative Use

  Use

  Valuation

  Residential

  $551,330

  Hospitality

  $505,015

  Educational

  $420,167

  Medical

  $434,617

  Retail

  $653,593

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.3508

Longitude

-98.5166

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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