1611 General Mcmullen DrSan Antonio, TX 78237

  • Retail properties
  • 1,253 SF
For Lease
$62.28/SF/YR View listing

Property Details for 1611 General Mcmullen Dr

Year built
1990
Lot size
0.54 AC
Property size (Sq ft)
1,253 SF
Property type
Retail properties
Property subtype
Drive through restaurants
APN
11314-002-0890
APU
113140020890

Description

This exceptional 1,253-square-foot retail property, formerly a Sonic Drive-In, presents a unique investment opportunity in San Antonio, Texas. Located at 1611 S General McMullen Dr, zip code 78237, this single-tenant building sits on a 0.54-acre lot and boasts abundant frontage and high visibility along General McMullen Drive, conveniently situated just off the Cleto Rodriguez Freeway. Built in 1990, the property is immediately available for lease or ground lease and is classified as a Quick Service Restaurant (QSR). Its strategic location offers excellent access and exposure to a significant volume of daily traffic. The property's existing infrastructure provides a solid foundation for a variety of potential uses, making it an attractive option for entrepreneurs and established businesses alike. The ample land area allows for potential expansion or redevelopment, further enhancing its investment potential. This property is ideal for a business seeking a high-traffic location with established visibility in a thriving San Antonio market. The property is ready for immediate occupancy. The cross street is Menefee.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $332,405
    6.5%
    $306,836
    7%
    $284,919
  • Comparable approach

    Method
    Valuation
    Relative Method
    $717,619
    Geo Method
    $717,619
  • Alternative Use

    Use
    Valuation
    Residential
    $258,827
    Hospitality
    $237,084
    Educational
    $197,251
    Medical
    $204,035
    Retail
    $306,836
1611 General Mcmullen Dr, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4015
Longitude
-98.5578
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
$10,373
$228,520
$221,480
$450,000
-
$228,520
$221,480
$450,000

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