8142 Shin Oak DrLive Oak, TX 78233

Property Details for 8142 Shin Oak Dr

Year built

2008

Lot size

1.00 AC

Property size (Sq ft)

9,600 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

05048-442-0042

APU

50484420042

Description

This exceptional Class A property, located at 8142 Shin Oak Dr, Live Oak, TX 78233, offers 9,600 square feet of versatile space ideal for creative office or retail uses. The single-story building sits on one acre of land and features a convenient multiple-tenancy setup. Two spaces are currently available, ranging from 1,200 to 2,400 square feet, providing flexibility for various business needs. The property boasts 55 total parking spaces, ensuring ample convenience for employees and customers. Its prime location on Shin Oak Drive and Converse Road, with easy access to Loop 1604, provides excellent visibility and accessibility. The zoning is OCL. The building is powered by electricity and does not include elevators. This thriving retail strip center benefits from its proximity to major highways and is surrounded by numerous apartment complexes and residential neighborhoods, ensuring a strong customer base. Current tenants include a dental clinic, a crawfish restaurant, and a barbershop, creating a vibrant and established commercial environment. Monument signage and ample parking are also key features of this attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,648,655

  6.5%

  $2,444,912

  7%

  $2,270,276

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,498,116

  Geo Method

  $5,498,116

• Alternative Use

  Use

  Valuation

  Residential

  $2,062,375

  Hospitality

  $1,889,125

  Educational

  $1,571,730

  Medical

  $1,625,784

  Retail

  $2,444,912

Location Insight

City

Live Oak

County

Bexar

State

Texas

Latitude

29.5556

Longitude

-98.3249

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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