2201 Flores StSan Antonio, TX 78204

Property Details for 2201 Flores St

Year built

1905

Lot size

0.12 AC

Property size (Sq ft)

900 SF

Property type

Retail space

APN

02874-000-0011

APU

28740000011

Description

This exceptional redevelopment opportunity encompasses a portfolio of five buildings situated on a 0.615-acre lot in San Antonio, Texas. The property, located at 2201, 2211, and 2215 S Flores St, and 103 Forrest Ave, and 110 Furnish Ave, boasts a total of five units and six pads, presenting a unique blend of commercial, convenience store, and storefront spaces. The buildings, constructed in 1900, are zoned I-1 and R-5, allowing for diverse uses. This multi-tenant property offers significant potential for investors seeking a mixed-use redevelopment project in a vibrant, up-and-coming area. The asking price is $1,874,995. The property's location within Bexar County, zip code 78204, places it in close proximity to the South Flores Arts District, known for its thriving creative community, locally-owned businesses, and historical charm. This prime location offers easy access to the San Antonio River, parks, and other attractions. The property's APN is 02874-000-0011. This is a multi-tenant property with significant upside potential for the right investor.

• CAP approach

  CAP return

  Valuation

  6%

  $238,759

  6.5%

  $220,393

  7%

  $204,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $515,448

  Geo Method

  $515,448

• Alternative Use

  Use

  Valuation

  Residential

  $185,909

  Hospitality

  $170,292

  Educational

  $141,681

  Medical

  $146,554

  Retail

  $220,393

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4029

Longitude

-98.5037

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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