5723 Foster RdSan Antonio, TX 78244

  • Strip malls
  • 33,560 SF

Property Details for 5723 Foster Rd

Year built
2005
Lot size
7.00 AC
Property size (Sq ft)
33,560 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
16611-045-0030
APU
166110450030

Description

This exceptional retail opportunity is located at 5723 N Foster Rd, San Antonio, Texas, 78244, within Bexar County. The property, part of Rittiman Pointe, offers 1,200 square feet of space in a thriving retail corridor. Its C-3 zoning allows for a variety of commercial uses. The location boasts high visibility and significant foot traffic, situated directly across from a major HEB grocery store. Numerous national brand tenants are in close proximity, including NAPA Auto Parts, Walgreens, IHOP, Burger King, and Starbucks, creating a strong and established retail environment. This prime location ensures excellent exposure to a large customer base. The property is ideal for a variety of retail businesses seeking a high-traffic location with strong neighboring businesses. The multiple tenancy structure provides a dynamic and vibrant atmosphere. This is a rare opportunity to establish a presence in a well-established and rapidly growing retail area of San Antonio. Interested parties should inquire for further details and availability.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,259,258
    6.5%
    $8,547,007
    7%
    $7,936,506
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,220,496
    Geo Method
    $19,220,496
  • Alternative Use

    Use
    Valuation
    Residential
    $7,209,720
    Hospitality
    $6,604,065
    Educational
    $5,494,504
    Medical
    $5,683,469
    Retail
    $8,547,007

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4788
Longitude
-98.3621
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
$173,968
$3,142,380
$4,357,620
$7,500,000
-
$3,142,380
$4,357,620
$7,500,000

FAQs

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