501 Zarzamora StSan Antonio, TX 78207

  • Grocery and convenience stores
  • 3,600 SF
For Sale
$950,000 View listing

Property Details for 501 Zarzamora St

Year built
1983
Lot size
0.36 AC
Property size (Sq ft)
3,600 SF
Property type
Grocery and convenience stores
APN
02225-008-0110
APU
22250080110

Description

This exceptional owner-user opportunity presents a 3,600-square-foot convenience store located at 501 N Zarzamora St, San Antonio, TX 78207. The property, built in 1983, sits on a 15,862-square-foot lot and boasts a Class B rating. Currently operating at 100% occupancy, this single-unit retail space offers a strong investment potential with a price of $950,000 ($263.89 per square foot). The property features a fee simple ownership structure and benefits from its location on a signalized corner, ensuring high visibility and convenient access. Situated approximately two and a half miles west of the River Walk, this location enjoys ideal demographics for a convenience store. The existing inventory is available for separate purchase. This is a rare chance to acquire a well-established business in a thriving area. The property's single-story building provides efficient operations, and the substantial lot size offers potential for future expansion or development. This is an excellent opportunity for an owner-occupant seeking a profitable and established business. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $748,944
    6.5%
    $691,333
    7%
    $641,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $850,899
    Geo Method
    $850,899
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,354,380
    Mixed-Use / Specialty
    $686,360
    Hospitality / Lodging
    $500,294
    Office
    $679,669
    Institutional / Educational
    $712,641
    Residential Income
    $833,790
    Multifamily
    $1,013,910
    Automotive / Energy
    $610,835
    Parking / Income-Based Land
    $213,270
    Restaurant / Food Service
    $351,627
    Healthcare / Senior Housing
    $706,422

Location Insight

City
San Antonio
County
Bexar
State
Texas
Latitude
29.4324
Longitude
-98.5267
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
$6,430
$131,180
$126,780
$257,960
-
$131,180
$126,780
$257,960

FAQs

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