5330 Walzem RdSan Antonio, TX 78218

  • Outlet malls
  • 98,988 SF

Property Details for 5330 Walzem Rd

Year built
1983
Lot size
5.76 AC
Property size (Sq ft)
98,988 SF
Property type
Outlet malls
APN
15786-016-0860
APU
157860160860

Description

Walzem Plaza presents a compelling investment opportunity for retail businesses seeking high visibility and consistent foot traffic. This established neighborhood shopping center is strategically located on Walzem Road, benefiting from its prominent position within a busy commercial area. The center boasts a strong anchor tenant lineup, ensuring a steady stream of customers for all occupants. The property is zoned C-2, allowing for a variety of retail uses. Multiple retail spaces are currently available, offering flexibility in size and configuration to suit diverse business needs. The size and specific details of each available space can be provided upon request. This is an ideal location for businesses seeking to establish a strong presence in a thriving community. The high volume of traffic generated by the existing anchor tenants provides a significant advantage for new tenants, ensuring maximum exposure and potential for success. Interested parties are encouraged to inquire about lease terms and availability. The property's prime location and established tenant base make it a highly attractive option for businesses looking to expand or establish themselves in a dynamic retail environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,310,948
    6.5%
    $25,210,106
    7%
    $23,409,384
  • Comparable approach

    Method
    Valuation
    Relative Method
    $56,692,448
    Geo Method
    $56,692,448
  • Alternative Use

    Use
    Valuation
    Residential
    $21,265,666
    Hospitality
    $19,479,236
    Educational
    $16,206,496
    Medical
    $16,763,862
    Retail
    $25,210,106

Location Insight

City
Windcrest
County
Bexar
State
Texas
Latitude
29.5087
Longitude
-98.3871
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
$113,626
$1,443,840
$3,506,160
$4,950,000
-
$1,443,840
$3,506,160
$4,950,000

FAQs

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