15838 San Pedro AveSan Antonio, TX 78232

  • Office properties
  • 3,522 SF
For Sale
$2,200,000 View listing

Property Details for 15838 San Pedro Ave

Year built
1960
Lot size
1.00 AC
Property size (Sq ft)
3,522 SF
Property type
Office properties
APN
15674-003-0020
APU
156740030020

Description

This exceptional 1.2-acre commercial land parcel presents a remarkable investment opportunity in San Antonio, Texas. Located at 15838 San Pedro Ave, this level lot boasts 217 feet of frontage on the highly trafficked US Highway 281/San Pedro Avenue, providing unparalleled visibility. Situated within Loop 1604, near the Thousand Oaks exit, this property benefits from convenient access and high traffic counts. The property is zoned C3R& O1-S, offering flexibility for a variety of commercial uses. Currently leased to an outdoor play equipment company, this site offers immediate income potential. A key feature is the existing Clear Channel billboard, generating additional revenue streams. The lot itself sits high on a bluff, further enhancing its visibility. An adjoining 2.64-acre parcel is also available for sale separately, offering potential for expansion or development. The APN is 15674-000-0060. This prime location, combined with its size, zoning, and existing infrastructure, makes this property an ideal investment for developers and entrepreneurs seeking a high-impact commercial presence in a thriving San Antonio market. The asking price for this exceptional 1.2-acre lot is $2,200,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $752,360
    6.5%
    $694,486
    7%
    $644,880
  • Comparable approach

    Method
    Valuation
    Relative Method
    $800,445
    Geo Method
    $800,445
  • Alternative Use

    Use
    Valuation
    Residential
    $861,163
    Hospitality
    $788,820
    Educational
    $656,289
    Medical
    $678,860
    Retail
    $1,020,895

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.586
Longitude
-98.4742
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
$22,755
$991,180
$111,530
$1,102,710
-
$991,180
$111,530
$1,102,710

FAQs

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