4681 Walzem RdSan Antonio, TX 78218

Property Details for 4681 Walzem Rd

Year built

1975

Lot size

0.77 AC

Property size (Sq ft)

1,671 SF

Property type

Retail properties

Property subtype

Auto shops

APN

12179-000-0261

APU

121790000261

Description

This exceptional San Antonio, Texas retail property at 4681 Walzem Road presents a compelling redevelopment opportunity. Currently operating as a convenience store, gas station, and QSR/fast food establishment, the property boasts 100% occupancy and a strong existing NOI of $40,000, yielding a 2.67% cap rate. However, the significant potential lies in redevelopment. A pro-forma analysis projects a substantial increase in NOI to $120,000, resulting in an attractive 8.00% cap rate. This is a single-tenant, NNN-leased property, offering a low-maintenance investment. The asking price is $1,500,000. The property is situated on one of the last major pad sites available along the San Antonio 410 corridor, benefiting from excellent highway access and visibility. Recent comparable sites in this high-demand area have undergone successful redevelopment and re-tenanting, demonstrating the strong market potential. The seller is debt-free and motivated to sell, making this an attractive opportunity for investors seeking a high-return, low-risk investment in a prime San Antonio location. The property is located in Bexar County, Texas, zip code 78218. This hard corner site offers excellent signage opportunities and is easily accessible from Highway 410.

• CAP approach

  CAP return

  Valuation

  6%

  $461,032

  6.5%

  $425,568

  7%

  $395,170

• Comparable approach

  Method

  Valuation

  Relative Method

  $957,016

  Geo Method

  $957,016

• Alternative Use

  Use

  Valuation

  Residential

  $358,982

  Hospitality

  $328,826

  Educational

  $273,579

  Medical

  $282,988

  Retail

  $425,568

Location Insight

City

San Antonio

County

Bexar

State

Texas

Latitude

29.5107

Longitude

-98.3989

CBSA code

41700

CBSA name

SAN ANTONIO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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