353 Moursund BlvdSan Antonio, TX 78221

  • Retail space
  • 4,459 SF
For Sale
$850,000 View listing

Property Details for 353 Moursund Blvd

Year built
1951
Lot size
0.47 AC
Property size (Sq ft)
4,459 SF
Property type
Retail space
APN
11114-015-0090
APU
111140150090

Description

This exceptional 2.76-acre mixed-use property, located at 353 Moursund Boulevard in San Antonio, Texas, presents a compelling investment opportunity. The property boasts a 4,459 square foot building situated on a prominent corner lot, offering significant frontage on both Moursund Boulevard and Gillette Boulevard. With a total of 60 parking spaces, the site is ideally suited for a variety of uses. The existing building, constructed in 1950, comprises 4,840 square feet and is currently configured as a medical office, residential, and storefront space. The property is zoned C-3NA and R-6, allowing for high-density development. Utilities including electricity, water, and sewer are readily available on-site. The expansive lot provides 472 linear feet of frontage on Gillette Boulevard and 272 linear feet on Moursund Boulevard, maximizing visibility and accessibility. The asking price is $850,000, translating to $175.62 per square foot. The property's location in the thriving Southside of San Antonio makes it an attractive prospect for retail or high-density development projects. The property includes multiple APNs: 11114-015-0090, 11114-015-0080, 11114-015-0070, 11114-015-0060, 11114-015-0050, 11114-015-1750, and 11114-015-0041. This is a single-story building with one unit. The zip code is 78221, and the property is located in Bexar County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,194,570
    6.5%
    $1,102,680
    7%
    $1,023,917
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,553,760
    Geo Method
    $2,553,760
  • Alternative Use

    Use
    Valuation
    Residential
    $930,151
    Hospitality
    $852,014
    Educational
    $708,865
    Medical
    $733,244
    Retail
    $1,102,680

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.3305
Longitude
-98.5043
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
$5,712
$83,690
$140,970
$224,660
-
$83,690
$140,970
$224,660

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