600 San Pedro AveSan Antonio, TX 78212

  • Retail properties
  • 5,327 SF
For Lease

Property Details for 600 San Pedro Ave

Year built
1956
Lot size
0.25 AC
Property size (Sq ft)
5,327 SF
Property type
Retail properties
Property subtype
Retail space
APN
00360-048-0010
APU
3600480010

Description

This exceptional 10,694-square-foot industrial property, located at 600 San Pedro Ave in San Antonio, Texas, 78212, presents a unique investment opportunity. The single-tenant building sits on a 0.25-acre lot and boasts a flexible layout ideal for various uses. The space is divided into approximately 5,326 square feet of open retail space and 5,368 square feet of warehouse/shed space, offering versatility for a wide range of businesses. Benefiting from a C-3 zoning designation, this property provides significant potential for diverse commercial applications. Its strategic location offers unparalleled accessibility, situated just four blocks north of IH-35 and three blocks east of IH-10, placing it within easy reach of Midtown and Downtown San Antonio. The property features an open floor plan, enhancing its adaptability, and includes the option of gated parking for added security. Furthermore, its location within a Qualified HUB/Empowerment Zone may offer additional economic incentives. The entire 10,694 square feet is currently vacant, providing immediate occupancy for a new tenant. This one-story building presents a rare opportunity to acquire a well-positioned, versatile commercial property in a thriving San Antonio market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,497,133
    6.5%
    $1,381,969
    7%
    $1,283,257
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,050,882
    Geo Method
    $3,050,882
  • Alternative Use

    Use
    Valuation
    Residential
    $1,165,743
    Hospitality
    $1,067,814
    Educational
    $888,409
    Medical
    $918,963
    Retail
    $1,381,969
600 San Pedro Ave, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4393
Longitude
-98.4982
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
$12,589
$487,780
$17,220
$505,000
-
$487,780
$17,220
$505,000

FAQs

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