2535 Military DrSan Antonio, TX 78223

  • Strip malls
  • 8,400 SF

Property Details for 2535 Military Dr

Year built
2011
Lot size
1.31 AC
Property size (Sq ft)
8,400 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
10934-001-0130
APU
109340010130

Description

City Base West, a thriving 224,686 square foot shopping center in San Antonio, Texas, presents an exceptional investment opportunity. This single-story complex comprises fifteen buildings situated at 2535 SE Military Dr, 78223, offering unparalleled visibility and accessibility. Located at the main entrance to Brooks City Base, the center benefits from high traffic counts due to its strategic position along Southeast Military Dr and South New Braunfels Ave, with convenient access to Interstate 37. Currently, the center houses a diverse range of established tenants, including City Base Cinema 10, Firehouse Subs, Krispy Kreme Doughnuts, 54th Street Grill & Bar, DSI Southeast San Antonio Dialysis, and Complete Urgent Care, demonstrating strong existing occupancy and a proven track record. Eleven spaces are currently available, ranging in size from 1,200 square feet to 50,000 square feet, providing flexibility for a variety of retail businesses. This prime retail location in Bexar County offers a unique chance to establish or expand your business within a well-established and successful shopping center. The property's strong tenant mix and high visibility make it an attractive investment prospect. The opportunity to lease space in this established center provides immediate access to a built-in customer base.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,523,974
    6.5%
    $2,329,822
    7%
    $2,163,407
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,810,852
    Geo Method
    $4,810,852
  • Alternative Use

    Use
    Valuation
    Residential
    $1,965,292
    Hospitality
    $1,800,197
    Educational
    $1,497,743
    Medical
    $1,549,253
    Retail
    $2,329,822

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.3524
Longitude
-98.452
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
$43,624
$1,284,720
$465,280
$1,750,000
-
$1,284,720
$465,280
$1,750,000

FAQs

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