6831 Loop 1604San Antonio, TX 78247

  • Turn key restaurants
  • 4,954 SF

Property Details for 6831 Loop 1604

Year built
2007
Lot size
1.07 AC
Property size (Sq ft)
4,954 SF
Property type
Turn key restaurants
APN
17658-001-0120
APU
176580010120

Description

This exceptional investment opportunity presents a thriving, single-tenant restaurant in Bexar County, Texas. The property boasts a substantial 4,964 square foot freestanding building situated on a generous 1.01-acre lot. Its strategic location ensures maximum visibility and accessibility, benefiting from high daily traffic counts exceeding 93,000 vehicles on Loop 1604 and 20,000 vehicles on Nacogdoches Road. The restaurant enjoys a prominent position directly across from a busy Walmart-anchored shopping center, guaranteeing consistent foot traffic and brand recognition. This turnkey operation is perfectly positioned to capitalize on the high-growth area's considerable potential. The expansive lot offers ample space for outdoor seating or future expansion, providing significant flexibility for the new owner. This is an unparalleled chance to acquire a well-established restaurant in a high-demand location, ready for immediate operation or strategic repositioning. The property's size and location make it an ideal investment for both seasoned restaurateurs and ambitious entrepreneurs seeking a proven business model in a thriving market. Don't miss this chance to own a piece of a successful, established business in a high-traffic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,122,190
    6.5%
    $1,035,860
    7%
    $961,873
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,170,930
    Geo Method
    $1,170,930
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,084,850
    Mixed-Use / Specialty
    $1,005,980
    Hospitality / Lodging
    $703,953
    Office
    $972,721
    Institutional / Educational
    $1,036,450
    Residential Income
    $1,212,650
    Multifamily
    $1,599,590
    Automotive / Energy
    $888,387
    Parking / Income-Based Land
    $332,449
    Restaurant / Food Service
    $467,318
    Healthcare / Senior Housing
    $1,058,470

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.5942
Longitude
-98.3524
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
$34,794
$1,210,040
$781,860
$1,991,900
-
$1,210,040
$781,860
$1,991,900

FAQs

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Please email our support team at [email protected] and they will add the team member.
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