1819 Flores StSan Antonio, TX 78204

  • Office properties
  • 11,411 SF
For Lease
$9/SF/YR View listing

Property Details for 1819 Flores St

Year built
1955
Lot size
0.43 AC
Property size (Sq ft)
11,411 SF
Property type
Office properties
APN
02827-000-0021
APU
28270000021

Description

This exceptional 11,878-square-foot flex space, located at 1819 S Flores St, San Antonio, TX 78204, presents a unique investment opportunity. The single-tenant building, situated on a 0.429-acre lot, boasts a compelling mid-century industrial aesthetic. Built in 1955, the two-story structure features 17-foot ceilings, providing ample vertical space. The property includes two 8x8 dock-high doors leading to a covered loading dock, ideal for efficient material handling. Power is supplied via a 3-phase system. The building's open floor plan is complemented by 20x20 column spacing, maximizing flexibility for various uses. The zoning designation is I-1/I-2, allowing for diverse industrial applications. The existing layout includes approximately 2,604 square feet of first-floor office space and 657 square feet of second-floor office space, totaling 3,261 square feet of office area. Additional space, potentially totaling 2,500 square feet on three upper levels above the rear storage area, plus adjacent concrete silo storage, may be available depending on the tenant's needs. This property offers significant potential for adaptive reuse, particularly for food and beverage or entertainment ventures. Its location in Bexar County provides convenient access to major transportation routes. The building's abundant natural light and red brick and concrete construction contribute to its unique character. This is a rare opportunity to acquire a well-located, versatile industrial property in a thriving San Antonio market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,059,316
    6.5%
    $1,900,907
    7%
    $1,765,128
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,593,378
    Geo Method
    $2,593,378
  • Alternative Use

    Use
    Valuation
    Residential
    $2,357,125
    Hospitality
    $2,159,114
    Educational
    $1,796,358
    Medical
    $1,858,137
    Retail
    $2,794,334

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4062
Longitude
-98.5027
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
$16,410
$257,500
$400,780
$658,280
-
$257,500
$400,780
$658,280

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