335 Olmos DrSan Antonio, TX 78212

Property Details for 335 Olmos Dr

Year built

1964

Lot size

0.71 AC

Property size (Sq ft)

7,788 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

07305-016-0180

APU

73050160180

Description

This exceptional 7,788 square foot retail center, situated on a 0.81-acre lot in San Antonio, Texas, presents a unique investment opportunity. Currently operating at 100% occupancy with a diverse tenant mix including a car lot, FedEx store, and beauty salon, the property offers immediate income potential. The property is zoned C-3, allowing for a variety of uses. Its prime location on West Olmos Drive, directly across from an HEB grocery store, ensures high visibility and foot traffic. The property's size and zoning also present significant redevelopment potential, allowing for the creation of a larger-scale retail project or a mixed-use development. Note that a residential unit is currently on the property, but will be vacated upon sale. The property also includes a cell tower, which will be retained by the owner. The address is 318-337 W Olmos Dr, San Antonio, TX 78212, with APN numbers 07305-016-0180/07306-015-0291. The asking price for this remarkable property is $2,200,000. This is a rare opportunity to acquire a high-performing retail center with significant upside potential in a desirable San Antonio location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,515,775

  6.5%

  $2,322,254

  7%

  $2,156,378

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,460,346

  Geo Method

  $4,460,346

• Alternative Use

  Use

  Valuation

  Residential

  $1,958,908

  Hospitality

  $1,794,349

  Educational

  $1,492,878

  Medical

  $1,544,220

  Retail

  $2,322,254

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.4712

Longitude

-98.4968

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].