1611 General Mcmullen DrSan Antonio, TX 78237
- Retail properties
- 1,253 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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