1501 Harry Wurzbach Rd, Terrell Hills, TX 78209

Building Details

Building Size 2,594 SF More

Year Built 1960 More

Listing Agency: Ojeda Properties Show Phone

Listed By: Louis Retault Show Phone

Source: Malouffrealty

Added: Oct 14 Changed: Nov 7 Last Checked: Nov 7 at 9:25AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ojeda Properties

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This storefront property is identified with flower-shop retail use. Built in 1960, it is located at 1501 Harry Wurzbach Road in Terrell Hills, near Fort Sam.

Key Highlights

• Built in 1960
• Located on Harry Wurzbach Road near Fort Sam

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,515

Cap Rate

6.11%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$690,300 $690.3K

Cap Rate 7%

$493,071 $493.1K

Cap Rate 9%

$383,500 $383.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,594 SF

Gross rent

$51.4K $19.80/SF

− Vacancy

−$2.1K −$0.79/SF

EGI

$49.3K $19.01/SF

− OpEx

−$14.8K −$5.70/SF

NOI

$34.5K $13.31/SF

Area

Bexar County, TX

Vacancy

4.00%

Lease Rate

$19.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$690,300

Cap Rate 7%

$493,071

Cap Rate 9%

$383,500

Alternative Uses

Best Use

Retail

$493.1K

$431.4K – $575.3K (±1% cap)

NOI $34,515 @ 7.0% cap · market cap 6.11%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$702.1K

$614.3K – $819.1K (±1% cap)

NOI $49,146 @ 7.0% cap · market cap 8.70%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Auto Parts Store Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,012

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 78209, TX

42,456

Population

22,771

Households

1.9

Avg Household Size

40

Median Age

62%

College-Educated

96%

High-School Grad

10.2 sq mi

ZIP Area

4,162

Density / Sq Mi

$84,180

Median Household Income

$57,921

Median Earnings

$1,371

Median Rent

$497,500

Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Bexar County, TX

$150 Jul

$133 Aug

$138 Sep

$118 Oct

Properties on Market for Storefront properties in Bexar County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Similar Off Market Nearby

• Fresh Flower Leis — 1151 Harry Wurzbach Rd, San Antonio, TX 78209
• Creative Floral Designs-Helene — 5218 broadway, san antonio, tx 78209
• Creative Floral Designs by Helene — 5218 Broadway, San Antonio, TX 78209
• Bell Flor — 5721 broadway unit d, san antonio, tx 78209

Frequently Asked Questions

What type of property is this?

Storefront property - The building dates to 1960 and is near Fort Sam.

Where is this storefront property located?

The property is located at 1501 Harry Wurzbach Rd Terrell Hills, TX.

What is the asking price?

The asking price for this property is $565,000.

What are key features of this property?

This property features: Built in 1960; Located on Harry Wurzbach Road near Fort Sam