226 Olmos DrSan Antonio, TX 78212

For Lease
  • Office properties
  • 4,532 SF

Property Details for 226 Olmos Dr

Year built
1967
Lot size
0.17 AC
Property size (Sq ft)
4,532 SF
Property type
Office properties
APN
08564-000-0350
APU
85640000350

Description

This exceptional restaurant space, located in the vibrant Olmos Village of San Antonio, Texas, presents a unique opportunity for food and beverage entrepreneurs. Situated at 226 E Olmos Dr, 78212, this 1,320 square foot, second-generation restaurant is part of a larger 7,160 square foot building on a half-acre lot. The property boasts a Class B designation, having been constructed in 1970, and features a single-story building with ample parking for 50 vehicles. The space is immediately available and is zoned OCL, making it ideal for a variety of restaurant concepts. The minimum divisible space is 1,320 square feet, with a maximum contiguous space of the same size, offering flexibility for operators. This location within the bustling Olmos Park area of central San Antonio provides excellent visibility and access to a thriving community. The property's convenient location and ample parking make it an attractive option for both customers and staff. This is a rare opportunity to establish or relocate your restaurant business in a highly desirable and established neighborhood. The property is situated in Bexar County and offers a strong foundation for a successful culinary venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $995,906
    6.5%
    $919,298
    7%
    $853,634
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,029,988
    Geo Method
    $1,029,988
  • Alternative Use

    Use
    Valuation
    Residential
    $1,139,930
    Hospitality
    $1,044,169
    Educational
    $868,737
    Medical
    $898,614
    Retail
    $1,351,368
226 Olmos Dr, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4708
Longitude
-98.4946
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
$19,319
$219,120
$621,840
$840,960
-
$219,120
$621,840
$840,960

FAQs

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