4903 Walzem RdSan Antonio, TX 78218

Property Details for 4903 Walzem Rd

Year built

1976

Lot size

1.21 AC

Property size (Sq ft)

13,911 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

05474-116-0010

APU

54741160010

Description

Windsor Place Shopping Center, located at 4903 Walzem Rd, San Antonio, TX 78218, presents a compelling investment opportunity in a thriving Bexar County business district. This single-story, 13,748 square foot retail center, built in 1976 and classified as Class B, boasts excellent visibility from Walzem Road. The property sits on 1.22 acres and includes 57 parking spaces, catering to the needs of its diverse tenant mix. Currently, the center features seven suites, with 3,980 square feet of vacant space available. The minimum divisible space is 830 square feet, while the maximum contiguous space available for lease is 3,150 square feet. Existing tenants include established businesses such as T-Mobile, Supercuts, Freeway Insurance, and Pro Nail, providing a strong foundation for future growth. The center benefits from its proximity to a Starbucks, further enhancing its appeal and foot traffic. The property is zoned B2, Business District, offering flexibility for a variety of retail uses. This is an exceptional opportunity to acquire a well-located retail center with strong existing tenancy and significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $3,838,067

  6.5%

  $3,542,831

  7%

  $3,289,772

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,967,114

  Geo Method

  $7,967,114

• Alternative Use

  Use

  Valuation

  Residential

  $2,988,511

  Hospitality

  $2,737,460

  Educational

  $2,277,534

  Medical

  $2,355,862

  Retail

  $3,542,831

Location Insight

City

Windcrest

County

Bexar

State

Texas

Latitude

29.5107

Longitude

-98.3941

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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