12835 Potranco RdSan Antonio, TX 78253

  • Drug stores
  • 13,401 SF
For Sale
$2,000,000 View listing

Property Details for 12835 Potranco Rd

Year built
2012
Lot size
1.82 AC
Property size (Sq ft)
13,401 SF
Property type
Drug stores
APN
04364-101-0650
APU
43641010650

Description

This exceptional retail opportunity is located at 12835 Potranco Rd, San Antonio, TX 78253, at the highly visible corner of Potranco Road and Reid Ranch. The property offers a total of 27,506 square feet of vacant space in a multi-tenant strip center, perfect for a variety of retail uses. Units are divisible, with a minimum leasable space of 2,500 square feet and a maximum contiguous space of 16,706 square feet, providing flexibility for businesses of different sizes. The property benefits from its strategic location in the West San Antonio submarket, a thriving area with significant foot traffic and high visibility. The area is experiencing positive growth, fueled by nearby attractions such as Sea World San Antonio, which drew 650,000 visitors in 2019, and Northwest Vista College, boasting an 18,000-student enrollment. Furthermore, a Texas Department of Transportation (TxDOT) capital improvement project is currently underway to extend State Highway 211, enhancing accessibility and further boosting the area's appeal. This is a rare chance to secure a prominent retail space in a rapidly developing area with strong demographics and excellent visibility. The cross street is Talley Rd. This property presents a compelling investment opportunity for businesses seeking a high-traffic location in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,661,722
    6.5%
    $3,380,051
    7%
    $3,138,618
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,675,026
    Geo Method
    $7,675,026
  • Alternative Use

    Use
    Valuation
    Residential
    $2,851,199
    Hospitality
    $2,611,683
    Educational
    $2,172,890
    Medical
    $2,247,619
    Retail
    $3,380,051

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4301
Longitude
-98.7472
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
$57,269
$1,530,140
$1,626,570
$3,156,710
-
$1,530,140
$1,626,570
$3,156,710

FAQs

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