708 Fredericksburg RdSan Antonio, TX 78201

For Lease
$18/SF/YR View listing
  • Strip malls
  • 9,638 SF

Property Details for 708 Fredericksburg Rd

Year built
1928
Lot size
0.22 AC
Property size (Sq ft)
9,638 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
03031-002-0240
APU
30310020240

Description

This charming, 10,297 square foot, single-story building at 708 Fredericksburg Rd, San Antonio, TX 78201, offers unique creative office spaces in the vibrant Beacon Hill submarket. Recently renovated in 2024 with over $375,000 in capital improvements, including a new roof, stucco, paint, parking lot, gutters, awning, and storefronts, this Class B property boasts 12-foot ceilings and 6 suites ranging from 1,335 to 1,843 contiguous square feet. Located on a 0.41-acre lot with 10 parking spaces, the property enjoys over 100 feet of frontage on Fredericksburg Road, providing excellent visibility. Its prime location, less than two miles from both the Pearl District and Downtown San Antonio, benefits from a population of nearly 150,000 within a 3-mile radius and high traffic counts. The C-2 IDZ zoning allows for a variety of uses, including bars and tattoo parlors, and existing tenants include a coffee shop, gym, performance arts theatre, record store, recording studio, and tattoo shop. Attractive tenant improvement allowances or rent abatement are available for qualified tenants. Property taxes are $1.31 per square foot. This is an exceptional opportunity for a variety of businesses seeking a unique and well-located space in a thriving San Antonio neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,586,713
    6.5%
    $2,387,735
    7%
    $2,217,182
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,519,879
    Geo Method
    $5,519,879
  • Alternative Use

    Use
    Valuation
    Residential
    $2,014,144
    Hospitality
    $1,844,945
    Educational
    $1,534,972
    Medical
    $1,587,762
    Retail
    $2,387,735
708 Fredericksburg Rd, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4494
Longitude
-98.511
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
$12,464
$155,340
$660,100
$815,440
-
$155,340
$660,100
$815,440

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