1629 Presa StSan Antonio, TX 78210

For Sale
$700,000 View listing
  • Garden apartment buildings
  • 4,843 SF

Property Details for 1629 Presa St

Year built
1965
Lot size
0.23 AC
Property size (Sq ft)
4,843 SF
Property type
Garden apartment buildings
APN
02979-000-0110
APU
29790000110

Description

This exceptional San Antonio retail property, located at 1629 S Presa St, offers 4,843 square feet across two buildings on a 0.225-acre lot. Priced at $700,000 ($144.54/sq ft), this versatile property boasts C-3NA and NCD-1 zoning, ideal for diverse uses including restaurants, retail, or office space. Its prime location, just ten minutes from downtown, benefits from high foot traffic due to proximity to new condominiums and Breckenridge High School. A significant advantage is the inclusion of a spacious attached warehouse, perfect for storage or operational expansion. The property's previous use as a restaurant includes existing infrastructure such as a vent hood and grease trap. Owner financing is available, making this a compelling investment opportunity in a thriving San Antonio neighborhood. The single-story buildings are situated in Bexar County, Texas, zip code 78210. This location offers easy access to the Alamodome and Tower of the Americas, further enhancing its appeal and potential for success. The property's combination of size, zoning flexibility, and prime location makes it an attractive proposition for a wide range of commercial ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,187,475
    6.5%
    $1,096,131
    7%
    $1,017,836
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,706,036
    Geo Method
    $1,706,036
  • Alternative Use

    Use
    Valuation
    Residential
    $1,096,131
    Hospitality
    $1,004,050
    Educational
    $835,358
    Medical
    $864,087
    Retail
    $1,299,446
1629 Presa St, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4042
Longitude
-98.484
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
$13,180
$368,580
$225,850
$594,430
-
$368,580
$225,850
$594,430

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