2339 Evans RdSan Antonio, TX 78259

  • Strip malls
  • 20,058 SF

Property Details for 2339 Evans Rd

Year built
2004
Lot size
2.02 AC
Property size (Sq ft)
20,058 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
17600-010-0060
APU
176000100060

Description

This exceptional retail opportunity is located at 2339 Evans Rd, San Antonio, TX 78259, within the Encino Commons shopping center. The property boasts a prime location in Bexar County, at the northeast quadrant of Highway 281 and Evans Road, directly across from a major HEB grocery store, ensuring high visibility and foot traffic. The center offers a total of 21,000 square feet of retail space, with ample parking accommodating 105 vehicles. Currently, three individual retail spaces are available for lease, ranging in size from a minimum of 1,270 square feet to a maximum of 1,800 square feet. This presents a unique chance for businesses seeking flexible space options within a thriving commercial environment. The property's multi-tenant configuration provides a diverse mix of businesses, creating a synergistic atmosphere and attracting a broad customer base. The convenient location and strong anchor tenant ensure consistent customer flow, making this an ideal investment for businesses seeking high visibility and accessibility. The property is well-maintained and ready for immediate occupancy. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,534,034
    6.5%
    $5,108,340
    7%
    $4,743,458
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,487,626
    Geo Method
    $11,487,626
  • Alternative Use

    Use
    Valuation
    Residential
    $4,309,076
    Hospitality
    $3,947,090
    Educational
    $3,283,932
    Medical
    $3,396,872
    Retail
    $5,108,340

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.636
Longitude
-98.4525
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
$145,763
$1,503,770
$4,846,230
$6,350,000
-
$1,503,770
$4,846,230
$6,350,000

FAQs

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