808 Lockhill Selma RdSan Antonio, TX 78213

Property Details for 808 Lockhill Selma Rd

Year built

1964

Lot size

0.26 AC

Property size (Sq ft)

4,120 SF

Property type

Turn key restaurants

APN

05004-047-0030

APU

50040470030

Description

This thriving San Antonio restaurant, located at 808 Lockhill Selma Rd, is being offered via online auction ending December 14, 2024. The 4,120 square foot space boasts a prime location on a high-traffic road, ensuring strong visibility and a steady stream of potential customers. Previously operating as Bees Mexican Restaurant, this fully equipped establishment includes all commercial-grade cookware, allowing for a seamless transition for a new owner. The versatile floor plan offers ample space for various dining configurations, including dine-in seating, private events, or even a drive-thru option. Situated near both local businesses and residential areas, the restaurant benefits from a loyal customer base and consistent foot traffic. The asking price is $669,000, making this a competitively priced opportunity to establish or expand a culinary venture in a vibrant San Antonio neighborhood. The property's adaptable interior and prime location present a unique chance to make a significant impact on the city's dining scene. This is a turnkey operation ready for immediate use, eliminating the need for extensive renovations or equipment purchases. Don't miss this chance to own a well-established restaurant in a desirable area of San Antonio, Texas. The auction details can be found at the provided link.

• CAP approach

  CAP return

  Valuation

  6%

  $1,320,552

  6.5%

  $1,218,972

  7%

  $1,131,902

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,359,608

  Geo Method

  $2,359,608

• Alternative Use

  Use

  Valuation

  Residential

  $1,028,248

  Hospitality

  $941,870

  Educational

  $783,625

  Medical

  $810,575

  Retail

  $1,218,972

Location Insight

City

Castle Hills

County

Bexar

State

Texas

Latitude

29.5234

Longitude

-98.506

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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