1002 Steves AveSan Antonio, TX 78210

For Sale
$425,000 View listing
  • Retail space
  • 1,358 SF

Property Details for 1002 Steves Ave

Year built
1953
Lot size
0.33 AC
Property size (Sq ft)
1,358 SF
Property type
Retail space
APN
03061-005-0341
APU
30610050341

Description

This 1,089 square foot vacant storefront, located at 1002 Steves Ave in San Antonio, Texas, presents a unique investment opportunity. The property, built in 1923, is situated on a desirable corner lot at S. Presa, offering excellent visibility and accessibility. Currently zoned C3, this single-story building boasts 1,200 square feet of net rentable space and is situated on a single unit. Its previous use as a liquor store makes it adaptable for a variety of commercial purposes, including office space or retail. The property's proximity to downtown San Antonio and IH37 provides convenient access to major transportation routes and a thriving urban environment. The building's vacant status allows for immediate occupancy and customization to suit a new tenant's specific needs. With its prime location and flexible zoning, this property is well-suited for redevelopment, offering significant potential for future growth and return on investment. The Bexar County property features APN 036770810110 and is listed at $425,000. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of San Antonio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $394,735
    6.5%
    $364,371
    7%
    $338,344
  • Comparable approach

    Method
    Valuation
    Relative Method
    $777,754
    Geo Method
    $777,754
  • Alternative Use

    Use
    Valuation
    Residential
    $307,360
    Hospitality
    $281,540
    Educational
    $234,238
    Medical
    $242,294
    Retail
    $364,371
1002 Steves Ave, San Antonio, Texas

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.391
Longitude
-98.4802
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
$10,437
$302,240
$116,430
$418,670
-
$302,240
$116,430
$418,670

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