2602 Loop 1604San Antonio, TX 78248

  • Strip malls
  • 31,880 SF

Property Details for 2602 Loop 1604

Year built
2007
Lot size
3.13 AC
Property size (Sq ft)
31,880 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
18926-003-0010
APU
189260030010

Description

Bitters Crossing offers exceptional retail space in Bexar County, Texas. This multi-tenant property boasts two available units, ranging from 1,200 to 4,653 square feet, providing flexibility for various business needs. The location is highly desirable, offering excellent visibility and accessibility due to its proximity to Bitters Road and major highways. This ensures high traffic volume and strong potential for customer reach. The surrounding area is characterized by established and affluent residential neighborhoods, including Rogers Ranch and Inwood, creating a robust customer base with significant spending power. The strategic placement near a Gold's Gym on the northwest corner of the intersection further enhances visibility and attracts a healthy foot traffic. This property presents a unique opportunity for businesses seeking a prime location within a thriving community. The available spaces are ideal for a variety of retail concepts, offering the potential for significant return on investment. Interested parties are encouraged to inquire for further details and leasing options. The property is situated in a high-traffic area with easy access to major thoroughfares, making it an attractive location for businesses seeking high visibility and accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,218,256
    6.5%
    $9,432,236
    7%
    $8,758,505
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,258,326
    Geo Method
    $18,258,326
  • Alternative Use

    Use
    Valuation
    Residential
    $7,956,444
    Hospitality
    $7,288,060
    Educational
    $6,063,580
    Medical
    $6,272,116
    Retail
    $9,432,236

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.6018
Longitude
-98.5339
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
$206,701
$3,907,240
$5,092,760
$9,000,000
-
$3,907,240
$5,092,760
$9,000,000

FAQs

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