3800 New Braunfels AveSan Antonio, TX 78223

  • Strip malls
  • 7,700 SF

Property Details for 3800 New Braunfels Ave

Year built
1999
Lot size
0.82 AC
Property size (Sq ft)
7,700 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
07589-000-0140
APU
75890000140

Description

McCreless Square, a single-story, 7,700 square foot retail and office building in San Antonio, Texas, presents a unique investment opportunity. Located at 3800 S New Braunfels Ave, zip code 78223, in Bexar County, this property boasts five suites within a single building. Currently, one suite of 1,260 square feet is available for lease. The center is strategically positioned at the main entrance to the thriving McCreless Market community center, benefiting from high visibility and significant foot traffic. This prime location offers excellent exposure to the substantial customer base drawn to the area's anchor tenant, H-E-B Plus grocery store, and other prominent businesses including Chik-fil-A, Marshalls, IHOP, WingStop, and Cinemark McCreless Market. The property's convenient access and proximity to these established businesses create a strong potential for success for new tenants. The building's single-story design provides easy accessibility and efficient use of space. This is an exceptional opportunity to secure a retail space in a high-traffic, well-established community center in South San Antonio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,432,667
    6.5%
    $2,245,539
    7%
    $2,085,143
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,409,947
    Geo Method
    $4,409,947
  • Alternative Use

    Use
    Valuation
    Residential
    $1,894,196
    Hospitality
    $1,735,073
    Educational
    $1,443,561
    Medical
    $1,493,207
    Retail
    $2,245,539

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.3804
Longitude
-98.4607
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
$47,363
$469,990
$1,790,900
$2,260,890
-
$469,990
$1,790,900
$2,260,890

FAQs

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